A new report from PEXA reveals that the nation’s population is forecast to grow by 7.4 million by 2041.
That’ll require an additional 2 million dwellings across our four biggest cities, which will account for over 65% of the forecasted population growth.
City by city, it’s predicted that we’ll need another:
723,000 new homes in Melbourne (that’s 40,000 new homes per year, or 772 per week);
582,000 in Sydney;
381,000 in Brisbane; and
334,000 in Perth.
With so much pressure on demand, it could make these capital cities quite the property hotspots over the coming decades. 
So if you’d like to jump into one of these markets as either a first home buyer, upgrader, or investor, call us today to discuss your home loan options. 
To find out more, contact Janine on:
– 0499 111 188
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