Population

Booming City Needs Another Heart, Planners Told

16 August 2011

An expanding business district, major new public art gallery, radial light rail network and upgraded sporting facilities are just some of the infrastructure required to draw the pressure away from the existing CBD and towards the western population boom, the managing director of the industry group Tourism and Transport Forum, Christopher Brown, told the National [...]

Read the full article →

Boomtown Born

16 August 2011

A Melton real estate agent has welcomed the extra space for housing but warned the council must ensure the necessary infrastructure is in place to support an increase in the population. Planning Minister Justin Madden has approved the Melton North precinct structure plan for more than 1300 houses and an activity centre to be built [...]

Read the full article →

New Report Reveals Australia’s Millionaires Love Property, Luxury Vehicles

16 August 2011

Australia’s rapidly growing population of millionaires hold a staggering 40% of their fortunes in property, according to new research from Merrill Lynch and CapGemini, which shows wealth in the Asia Pacific region has now rebounded to pre-GFC levels. The report into wealth in the Asia Pacific region showed the number of millionaires grew more than [...]

Read the full article →

Population Boom To Push Prices

16 August 2011

The managing director of property consultancy MacroPlan Australia believes the nations largest city is on the verge of a population boom that will lift prices further, and those who stand to benefit are the people who can afford to buy now… Click here to read full article   Related Taxonomy -Real estate news -House prices

Read the full article →

Population Surge Is Driving Demand

16 August 2011

During the year to June 30, Melbourne’s population grew by 74,600 people. To put this figure in context, Melbourne’s population growth was 20,000 more than Sydney’s and 57,000 more than Brisbane’s. It is no secret that Melbourne’s rental market has been critically tight for several years and the strong population growth is continuing to add [...]

Read the full article →