Archive for the ‘Statistics’ Category
Friday, October 10th, 2008
Cairns is the major city for Far North Queensland region situated on a natural harbor with a backdrop of rugged mountains and tropical rainforests. The state capital Brisbane is approximately 1800 kilometers by road and 2 hours flying time away. Cairns International Airport (link) is 7.5 hours from Tokyo and 6.5 hours from Singapore.
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Tags: Australia, Brisbane, Cairns, Capital, construction, demand, economic strength, economic viability, experience, far north queensland, Good, Government, Growth, house, house price, income, increase, infrastructure, Investing, Investment, land, Long Term, market, media, median house price, mountains, North Queensland, north queensland region, plan, population, Population growth, Population Increase, price, property, property market, prospects, qld, Queensland, rail, rate, Regional, Rent, Rental, rental properties, Renting, Research, residential, Residential Property, road, supply, time, Townsville, Transport, Vacancy Rates, Value, water, week
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Tuesday, October 7th, 2008
The Australian Bureau of Statistics (ABS) recently released its population projections which highlight strong population growth between now and 2056. This week RP Data looks at these statistics and highlights some key findings from this information including: growth by state and capital city and the implications of such strong growth…..
By 2056, Queensland will be the second most populous state and will house one quarter of all Australian residents compared to 24% of all residents which are projected to live in Victoria. Queensland is projected to overtake Victoria as the second most populous state in 2050. Western Australia’s portion of the Australian population is also projected to increase with the states population growing from 10% of the total Australian population during 2007 to 12% of the total population during 2056.
Essentially, this increase in population throughout all areas directly equates to demand for new housing. Based on a total population increase of almost 10.5 million persons between 2007 and 2056 a significant number of new dwellings will need to be delivered to cater to this strong demand.
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Tags: ABS, Australia, Australian Bureau of Statistics, australian population, Capital, cat, Confidence, Consumer, consumer confidence, Costs, Data, demand, Development, Dwelling, Dwellings, Fundamentals, Growth, house, housing, Housing Prices, increase, Increasing, infrastructure, land, market, plan, Planning, population, Population growth, Population Increase, population projections, press, price, Queensland, rate, Rent, RP Data, rpdata, school, Statistics, stock, supply, time, total population, Transport, week
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Friday, October 3rd, 2008
RP Data – Rismark Property Value Index Release
Released 01 October 2008
The national end of month property indices report released today by RP Data & Rismark International confirms that the supply and demand imbalance currently being experienced in the Australian property market has placed a floor under housing prices, resulting in minimal value falls.
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Tags: Adelaide, affordability, amp, Australia, Brisbane, Cairns, Canberra, Capital, capital cities, Capital Gain, Capital Growth, cat, Confidence, Darwin, Data, decline, demand, Doom & Gloom, Dwelling, Dwellings, event, experience, Falls, Gold Coast, Growth, Hobart, house, house price, house prices, house values, housing, Housing Prices, increase, Increasing, Index, interest, interest rate, Interest Rates, Investment, land, law, Long Term, market, market dynamics, media, Melbourne, Metropolitan, mortgage, Perth, population, Population growth, Population Increase, press, price, Price Rise, property, property market, property markets, Property Prices, Property Value, Property Value Index, property values, Queensland, rate, Rent, Rental, report, Research, return, Rismark, RP Data, rpdata, South East Queensland, stock, Stock Market, supply, supply and demand, Sydney, Tim Lawless, Townsville, train, unemployment, Units, Value
Posted in News, Statistics | 2 Comments »
Friday, October 3rd, 2008
Economic Viability
- A fundamentally broad based economy benefiting from regional industries including sugar production, mining, cattle grazing and fishing; each of which form large elements of the North Queensland regional economic base with no end in sight in particular to the boom in mining services
- Gross Regional Product (nth region) 06/07 up 7.8% to $11.8 billion
- Defence bases expanding by 2012 – 1500 soldiers and support staff moving from Holsworthy
- Business challenge: Skills shortages & increased supply costs
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Tags: amp, Apartments, Boom, Capital Growth, cat, Compounding, Costs, Data, demand, Dwelling, Dwellings, economic base, economic viability, economy, house, housing, housing supply, increase, Investment, land, life, market, media, mining services, North Queensland, north queensland region, Opportunity, population, price, property, qld, Queensland, rate, Regional, regional industries, Rent, Rental, rental vacancy rate, Rents, residential, Residential Property, road, rpdata, stock, stock level, supply, Townsville, Units
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