Jan 9, 2018
In his first podcast of 2018, Terry discusses the impact of population growth on real estate markets in Australia.
In this episode we cover:
- Victoria's position as the growth king in Australia and the impact on the housing market there
- The growth population pattern across each state in Australia
- Net overseas migration is at the highest levels since 2009
- Interstate migration to Queensland has picked up again after a few slow years
- In a reversal of recent trends, Tasmania has recorded a net interstate migration gain
- Analysis of the latest population figures from the Australian Bureau of Statistics
- The shifts of net overseas migration particularly in NSW which recorded in FY2017 the highest level of overseas migration in the past 50 years, over 40% of all net migration.
- 70% of overseas migration into Australia see migrants going into Sydney or Melbourne.
- The changing state of interstate migration and the impact that has on the local state economies
- The impact of these population trends on housing affordability in the Australian Property market
For more information and detailed figures visit - Population Growth Spurs Property markets
Links for this show
Hotspotting Website – www.hotspotting.com.au
Hotspotting Facebook – https://www.facebook.com/hotspotting/