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Major Australian Cities in Demand

Major Australian Cities in Demand | Savvy Property Investing | Scoop.it

"Australia’s population is expected to reach 42 million by 2050, with the lion’s share of people living in urban centres."

 

"Australia has world-beating population growth right now. The world is growing 1.1 per cent per annum and Australia [at] 1.7 per cent is really out in front” 

Victoria Elliot's insight:

Savvy investors will capitalise right now on an opportunity to buy land as pending polulation increase = growing demand = shortage of land = huge capital growth

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Sarah's comment, July 23, 2013 10:01 PM
“The country’s population has been fast migrating from remote areas to inner city areas, leading to big cities becoming overcrowded. Professor Robert Birrell - “We have to get down to that figure quickly, in the next few years,” he said. “It’s to do with economies of scale – to refit a city is an enormous exercise.”
The Ecological Dimension of this issue is that the rapid overpopulation in inner cities that consequently, force cities such as Melbourne and Sydney to turn into high-rise megacities on the scale of Hong Kong, which can lead to a drastic deterioration in citizens’ quality of life. Also, suburbs within capital cities and inland rural areas have experienced a decline in density of inhabitants while inner cities and infill areas next to the coast have become more popular. Its spatial dimension occurs in Australia.
sasha nicolas's curator insight, July 25, 2013 12:48 AM

due to fast migration in autralia, the population is expected to reach 42 milion by the year 2050.

Lauren Donnellan's curator insight, July 21, 10:46 PM

Urban Growth

Savvy Property Investing
News, Inspiration and Resources for savvy property investors seeking to minimise risk and maximise ROI in the Australian real estate market.
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Melbourne’s continuing population boom means another 720,000 homes will be needed by 2031

Melbourne’s continuing population boom means another 720,000 homes will be needed by 2031 | Savvy Property Investing | Scoop.it
MELBOURNE will need to build an extra 720,000 homes over the next 20 years to help accommodate six million people, according to the latest official projections.
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amazing stats! a massive transformation is happening and savvy property investors will ride the wave to create serious wealth.  will you be one of them?  ask me how you can!

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Residential land sales reach highest level ever in last financial year

THE sale of new residential land reached its highest level ever in the last financial year, but it could be at its peak, according to an ­internal survey prepared for the home building industry.
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Look what’s happening to Australia’s population

Look what’s happening to Australia’s population | Savvy Property Investing | Scoop.it
Australia's population growth is one of the underlying factors in the continued health of property as an investment.
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Rural move a growing lure

Rural move a growing lure | Savvy Property Investing | Scoop.it
ENTICING house prices with the potential for good capital growth are luring growing numbers of Melburnians to a new life of relaxation in regional Victoria.
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$2 million is the new benchmark in Melbourne’s prestige property market

$2 million is the new benchmark in Melbourne’s prestige property market | Savvy Property Investing | Scoop.it
ONCE you could buy a prestige home on a million dollar budget.
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Inner Melbourne's million dollar house median no aberration

Inner Melbourne's million dollar house median no aberration | Savvy Property Investing | Scoop.it
Houses within 10 kilometres of Melbourne’s CBD are now typically worth $1 million, new figures from Real Estate Institute of Victoria show.
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Fixed home loans slashed to a record low

Fixed home loans slashed to a record low | Savvy Property Investing | Scoop.it
THREE of the nation’s biggest banks have slashed interest rates on their fixed rate mortgages to below 5 per cent for the first time in a move that will save home buyers thousands of dollars.
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Even derelicts in demand in ‘crazy’ market

Even derelicts in demand in ‘crazy’ market | Savvy Property Investing | Scoop.it
Sydney agent Aris Dendrinos is stunned by the state of the real estate market. “We haven’t seen property move like this since 2004,” he says.
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Sydney, Melbourne drive home price rises

Sydney, Melbourne drive home price rises | Savvy Property Investing | Scoop.it
AUSTRALIA’s home prices continued their upward momentum in July, up 1.6 per cent across the country, according to the latest RP Data-Rismark index.
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Big buyers put Melbourne on global ‘wanted list’ of prime cities

Big buyers put Melbourne on global ‘wanted list’ of prime cities | Savvy Property Investing | Scoop.it
MELBOURNE has been nominated in a global research report as one of the next “prime” cities of the world, as multi-millionaire investors look outside traditional overpriced housing markets.
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State's population tipped to hit 10 million by middle of the century, figures show

State's population tipped to hit 10 million by middle of the century, figures show | Savvy Property Investing | Scoop.it
Victoria's population is likely to reach 10 million people by the middle of the century, with Melbourne swelling to almost 8 million, new planning department figures show.
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Sydney, Melbourne real estate auctions run hot

Sydney, Melbourne real estate auctions run hot | Savvy Property Investing | Scoop.it
Property prices in Melbourne and Sydney’s sprawling middle-class suburbs are going gangbusters as the lower and top-end markets are in danger of being busted by prices that are either too high, or not high enough.
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SMSFs set pace on super

SMSFs set pace on super | Savvy Property Investing | Scoop.it
Self-managed super funds have largely outperformed regulated rivals over past eight years.
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Lowest stock levels in three years

Lowest stock levels in three years | Savvy Property Investing | Scoop.it
The number of Australian residential property listings decreased during July, taking national stock on market to its lowest levels since February 2011.
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Caroline Springs notches its first million dollar house sale

Caroline Springs notches its first million dollar house sale | Savvy Property Investing | Scoop.it
CAROLINE Springs has joined Melbourne’s millionaire club.
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Apartment prices on way up

THE wave of apartment developments is stoking land and building costs across the major capital cities, putting further pressure on apartment prices and seeding a potential boom-bust scenario in some markets.
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As property prices continue to grow, affordable suburbs are disappearing

As property prices continue to grow, affordable suburbs are disappearing | Savvy Property Investing | Scoop.it
AUSTRALIA’S affordable suburbs are disappearing as improvements in property values drive up the price of houses.
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The three factors that will influence Melbourne price growth

The three factors that will influence Melbourne price growth | Savvy Property Investing | Scoop.it
There are three key events which may influence prospects for price growth – a couple of them negative and one likely to be positive.
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Aussie millionaires hold twice as much property as their global counterparts

Aussie millionaires hold twice as much property as their global counterparts | Savvy Property Investing | Scoop.it
Australians millionaires hold over 40% of their wealth in property, more than double the global average, the 18th annual World Wealth Report has found.
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No pay-boost for the top 1 per cent in a decade

No pay-boost for the top 1 per cent in a decade | Savvy Property Investing | Scoop.it
Australia’s wealthiest top 1 per cent have seen their share of national income freeze for the best part of a decade – and in some cases even fall – further eroding prominent claims inequality is worsening.
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How Rich 200 lister Maha Sinnathamby built a property empire

How Rich 200 lister Maha Sinnathamby built a property empire | Savvy Property Investing | Scoop.it
The number one quality for success in business is to be persistent, says the property developer.
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Liveability_rankings_2014.pdf

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Superannuation well managed could avert a huge blow-out on pensions

Superannuation well managed could avert a huge blow-out on pensions | Savvy Property Investing | Scoop.it
Expectations are high of advisers and funds to avert a huge cost blowout on pensions.
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Chinese not fuelling property boom

Chinese not fuelling property boom | Savvy Property Investing | Scoop.it
Research busts myth that Chinese investors are inflating Sydney property prices.
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The design dividend: First-class designs make apartments the home of choice for many buyers

The design dividend: First-class designs make apartments the home of choice for many buyers | Savvy Property Investing | Scoop.it
Choosing an apartment that is best suited to your personal lifestyle or investment goals is now about much more than just price.
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Tax minimisation strategies for SMSF trustees: SPAA

Tax minimisation strategies for SMSF trustees: SPAA | Savvy Property Investing | Scoop.it
As the end of the financial year approaches, self-managed super fund trustees can employ a number of strategies to legally minimise their tax payments.
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