- 22 August 2019
The Population Growth Train Rumbles On
34 minutes . . . .
What can be done in that time?
The evening news? Your favourite sitcom?
34 minutes is the current rate of growth for an additional 36 people to immigrate to Australia - every 34 minutes! Over the past year, Melbourne’s population has grown by just on 120,000 people, or 327 people a day!
In the same time period, the greater metropolitan area of Sydney had 93,000 more new residents, or 256 people each day!
Melbourne and Sydney account for 40% of Australia’s total population, but planning has failed to keep us with this growth, leading to challenges with transport, schools, health and water.
Just on 7 out of every 10 people live in our capital cities, with the proportion growing.
Capital cities are where most of the growth will be and as Sydney/Melbourne take a breather due to their substantial growth over the past few years, there are some fantastic opportunities in other capital cities that Property Club is at the forefront of!
Properties like this one above are cash flow positive ($22 per week!) and very well placed to take advantage of the coming upswing in cities other than Sydney/Melbourne!
Contact your property mentor or enquiries@propertyclub.com.au for further information!
Troy Gunasekera | National Manager
Related Posts
No Storm Surge Here: Brisbane’s Budget Holds Steady for Investors
In the wake of ex-Tropical Cyclone Alfred, which brought Brisbane its wettest day in 50 years with over 420mm of rain in some suburbs and winds reaching up to 60 km/h, the city faced significant recovery challenges. Despite the extensive damage, including power outages affecting over 56,000 homes and businesses,...
Stamp Duty Doesn’t Have to Hurt — Here’s Where It Doesn’t
Stamp duty isn’t the most exciting part of buying property, but it can seriously shape what you can afford and how quickly you can grow your portfolio. A national report by SQM Research for the Real Estate Institute of Australia (Stamp Duty: The Relationship to Australian Housing Affordability and Supply, October...
Don’t Just File Your Tax. Use It.
EOFY is coming, and most Australians are getting ready to tick the box, lodge the return, and move on. But smart investors know this isn’t just the end of a financial year — it’s a checkpoint. This is your chance to stop handing over more tax than you need to. And property could be the most powerful tool you’re not...