- 4 October 2019
Interstate Migration - who is moving where?!
Domain reports that Victoria’s population had the most rapid rise over the year to March, with recently released figures from the Australian Bureau of Statistics showing it jumped an estimated 133,500 people. However net interstate migration – at about 12,800 people – dropped 15 per cent annually.
Victoria was second only to Queensland for net interstate migration, with the Sunshine State gaining almost an extra 23,300. Tasmania also saw a much smaller increase of about 2300.
Net losses occurred in NSW (about 22,000 people), Western Australia (8000), the Northern Territory (4300) and South Australia (4000). The Australian Capital Territory experienced no real net change, while everywhere, apart from the Northern Territory, recorded overall population growth.
For over 25 years now, Property Club have been assisting Club members to safely invest in residential property in areas like the above, best chosen for long term capital growth!
Make contact with your Property Mentor or enquiries@propertyclub.com.au for further information, so you can get the right properties in the right areas, best selected for capital growth!
Regards,
Troy Gunasekera | National Manager
Related Posts
Make Your Property Move Before the New Year Rush
When December rolls around, it’s all too easy to let your property investment goals take a backseat. The allure of holidays, festive gatherings, and a ‘fresh start next year’ mentality can be tempting. But here’s a little-known secret: the quieter end-of-year market is brimming with opportunity for those ready to...
- 26 November 2024
Big Win for Victorian Property Investors: Stamp Duty Concession Unveiled!
The Victorian Government is shaking up the property market with a new stamp duty regulation set to benefit investors. Starting 21 October 2024, buyers of off-the-plan apartments, units, and townhouses in strata developments will enjoy a temporary elimination of stamp duty for one year. This move is part of a...
New Queensland Rental Regulations: What Property Investors Need to Know
The Queensland rental market is set for a significant shake-up, and as a property investor, it’s crucial to stay ahead of the curve. The state's new minimum housing standards, which began taking effect in September 2023, are more than just a regulatory update—they represent a shift in the expectations tenants will...