This article highlights that a slowdown in population growth, largely due to a fall in immigration, is beginning to pose significant challenges to the Australian property market. The latest Bureau of Statistics estimates, released yesterday Depending on how large Australia's current dwelling shortage is - if it exists at all - that may see a surplus supply of homes hit the market, putting downward pressure on prices that have surged on faith in an acute housing shortage and a virtually unrestricted supply of credit. , reveal that, over the past decade, Australia’s net migration rate has fallen from around 200,000 people per year to just under 200,000.
This article highlights that a slowdown in population growth, largely due to a fall in immigration, is beginning to pose significant challenges to the Australian property market. The latest Bureau of Statistics estimates, released yesterday, reveal that, over the past decade, Australia’s net migration rate has fallen from around 200,000 people per year to just under 200,000.