- June 27, 2018
- Posted by: Rogers Property Group
- Category: Australian Property Market, International Property Market, Latest News, Queensland Property News
An interesting article recently put out by data analyst Michael Matusik breaks down the population growth of the Sunshine State. I found the finding quite interesting and I am sure you will too. If you are looking to expand your property portfolio or are looking for advice on property investment, then the population numbers are your bread and butter as they really constitute your solid demand.
Population growth is described as:
- Births over deaths
- Net Internal Migration
- Net Overseas Migration
It was determined that from 2016 – 2017 the South East Queensland population grew by over 72,500 people. This is over 1,300 people per week move to South East Queensland.
Equal amounts are made up of Net Interstate and Net Overseas Migration. Approx 25,200 each.
The high Net Interstate Migration figure could be put down to SEQ being so affordable at the moment combined with a good supply of jobs. It is definitely the place to be purchasing at the moment if you are looking to expand your property holdings.
Four urban zones (2016 v 2017)
|Urban zones||Natural increase||Net
|Net overseas migration||Total