The rapid expansion of Victoria's urban population in tandem with the ageing of that population will have major implications for the future development of the aged care sector.

Melbourne currently has a population of 4.25 million, and in 2012 saw the highest population growth out of all Australian cities. In addition to this growth, Victoria’s population is also rapidly ageing. In 2009 13.6 per cent of the population was aged over 65 years. In 2056 this figure is expected…