High-density living on the rise as RBA hold fast
Research suggests that Australia is growing, and fast. Over 10-years, between 2006 and 2016 Sydney added 800,000 people to its population, and Melbourne 1 million. Brisbane and Perth grew by almost 500,000 each over the same time.
But here’s the kicker: Australian housing, along with infrastructure such as amenities and transport, as well as roads are struggling to keep up. This bulge in population has taken the Australian government by surprise. After all, it was estimated the Australian population would reach 25 million by 2050. But, we’re already there.
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Article sourced from eChoice.