Values find safety in numbers

Jul 18 2011 / 4:54 am Was written by Atwell & Co. Comments Off
 

A slowdown in Australia's population growth may cut demand for property, partiuclarly apartments, in some areas.A slowdown in Australia’s population growth may cut demand for property, partiuclarly apartments, in some areas. 

Demand follows population, for better or worse.

One of the primary factors that drives real estate prices is where people choose to live. Towns and cities with big populations have historically achieved the highest rates of property market growth.

Investors need to monitor where future population growth is expected to ensure the value of their properties keeps rising.

A large population means there are more owner-occupiers looking for homes. This helps to push up prices. There are also more tenants, which tends to increase rental demand and rents

 

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