Migrants on move send housing through the roof.
*NSW housing shortage of 22,000 homes by June 2004, driving another boom into 20005/2006.
* Demand for new houses in Victoria will rise from 3300 homes a year to 36,900 a year due to migrants and high demolitions.
*QLD will need 41,500 new homes each year for the next five years with a flood of international and interstate migrants.
*SA will have excess homes by June 2004
*TAS will have 1500 too many.
*NT has 3000 too many but oil and gas projects will drive demand for 1600 extra houses a year.
“Life is either a daring adventure or nothing”
-Helen KellerThat is what I read about Tasmania and is my feeling when I recently visitied and things did’t seem very different from 15 years ago.
I think those sort of statistics are absolutely vital to know as a property investor.Hi JohnBoy,
Were there any dates for the Victorian shortage and the Tasmanian oversupply?
Thanks
Cookie[
]John
Do you have nay stats for Western Australia?
Regards
Horatio
Migrants on move send housing through the roof.*NSW housing shortage of 22,000 homes by June 2004, driving another boom into 20005/2006.
* Demand for new houses in Victoria will rise from 3300 homes a year to 36,900 a year due to migrants and high demolitions.
*QLD will need 41,500 new homes each year for the next five years with a flood of international and interstate migrants.
*SA will have excess homes by June 2004
*TAS will have 1500 too many.
*NT has 3000 too many but oil and gas projects will drive demand for 1600 extra houses a year.
“Life is either a daring adventure or nothing”
-Helen Keller
]
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