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Australians continue to choose to move to Victoria

Demographic data from the Australian Bureau of Statistics (ABS) showed that Australia’s estimated resident population was 24,220,192 persons at the end of September 2016.  Overt the 12 months to September 2016 the national population increased by 1.5% or by 348,695 persons.  The 1.5% growth in the population was the largest annual rise since September 2014 […]

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Deteriorating housing affordability in Sydney and Melbourne due to both demand and supply

Housing affordability is becoming a very hot political topic at the moment and it is no wonder why.  When we look at the latest CoreLogic Home Value Index results for February 2017, they show that combined capital city home values increased by 1.4% taking them 11.7% higher over the past year.  Since the end of […]

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Capital city vacant land selling prices continue to rise as prices fall in regional Australia

The median selling price of vacant land continued to climb in capital city markets throughout 2016 while in regional areas prices have fallen.  The other big shift over the past 12 months has been the fairly significant increase in lot sizes after they have trended lower over many years. Throughout 2016, the median selling price […]

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Tourism boom: Short-term arrivals to Australia continue to grow at a faster pace than short-term departures, providing good news for the tourism sector

Earlier today the Australian Bureau of Statistics released overseas arrivals and departures data for December 2016.  The data is important because it provides insight around how many people are coming to and leaving from Australia.  It also provides some insight into where they come from, why they are coming to Australia, how long they intend […]

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Victoria remains the powerhouse of population growth

Demographic data for the March 2016 quarter was released last week from the Australian Bureau of Statistics (ABS).  The data showed that over the 12 months the national population increased by 1.4% which translates into an increase of 327,610 persons. Looking at the two components of national population growth, they show that over the year […]

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Population growth slows nationally but New South Wales and Victoria attract a record high proportion of the population increase

Demographic data for the December 2015 quarter was released by the Australian Bureau of Statistics yesterday. At the end of 2015, the national population was estimated to be 23,940,278 persons having increased by 1.4% or 326,073 persons over the year.  Although the population continues to increase at a fairly rapid pace, the rate of population […]

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Net overseas migration hits lowest level since 2006

The Australian Bureau of Statistics (ABS) released demographic data for the June 2015 quarter earlier today.  The data is valuable because it provides insight into the size of the country’s population as well as an analysis of the different sources of population growth at both the national and state level.  At the end of June […]

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Population growth slumps to its slowest rate in 9 years but holds up well in NSW and Vic

The Australian Bureau of Statistics (ABS) released demographic data for the March 2015 quarter earlier today.  The data showed that despite a quarterly bounce in population growth, the rate of growth continues to trend lower.  The national population increased by 1.35% over the 12 months to March 2015 which was the lowest annual rate of […]

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Australia’s rate of population growth continues to slow

The Australian Bureau of Statistics (ABS) released demographic data for the December 2014 quarter yesterday.  The data highlighted a continuing slowdown in the rate of national population growth, with the quarterly increase now lower than slump in population growth recorded during the GFC.  In particular the mining states and territories are recording the biggest slowdown […]

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Booming building approvals and slowing population growth are reducing housing undersupply

Regional population growth data was recently released by the Australian Bureau of Statistics (ABS) for the year to June 2014. By combining this data over time with dwelling approvals over time we can derive localised information to approximate the extent of oversupply and undersupply in the capital city housing markets. The combined capital cities recorded […]

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