Is our population Growing or Slowing ?

Population growth is a key factor that is proven to be one of the main drivers for long-term property growth. 

But what's been happening across this great wide land?  Are we correct to think that after all these lockdowns we'll bounce back?  Do all cities grow at the same rate? 

The ABS publish a mass of data on population forecast's and you can sit down with a glass of red wine and google-away filling your brain with numbers... but what's it all mean and what's needed is to be able to effectively interrogate this data for any future planning.

Brisbane has been renowned for being Australia’s fastest-growing city, recording an annual population growth rate of 1.8% over the last five years, however more recent data sourced from the ABS indicates that the tide is turning and that Melbourne is forecasted to be Australia’s fastest-growing city over the next 10 years.

With the assistance of this weeks studio guest, Research Analyst John Bekiaris we de-code the data.

 

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