The Australia Bureau of Statistics has released the Australian population projections for the next 50 years. The projections have been delivered for individual States and Territories as well as the capital cities.
Aside from cries of ‘where are they all going to fit’, population projections often create a heightened interest from avid property investors who feel that these numbers provide valuable insights into the best property markets of tomorrow. Does that actually hold true? This video – with some very telling graphics – will set the record straight.
Simon Pressley – Propertyology’s Head of Research, takes us through the projections and discusses what they mean and how they are likely to impact property prices.