Well here we are, the game that (for some!) stops the nation! It looks to be a great one, so may the best team win!
The Australian Bureau of Statistics (ABS) recently published the March 2019 quarter demographic data. The data showed that at the end of the first quarter of 2019 the estimated residential population of the country was 25,287,394 persons, which was 0.5% higher over the quarter and 1.6% higher year-on-year.
This population growth will assist the residential building sector, which has been quieter over the past couple of years.
Having good stable population growth is a good platform for our residential property markets to grow from.
Taking into account our ageing population, it is pleasing to see overseas migration heading upwards, as we are attracting more skilled workers from overseas.
This population growth is also broken down per state, which our Research department use, to work with members for the right property in the right area.
For over 25 years now, Property Club have been assisting Club members to safely invest in residential property giving the best returns like the above for the long term!
