And Australia's fastest growing city is ...

Discussion in 'Property Market Economics' started by big max, 31st Mar, 2016.

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  1. big max

    big max Well-Known Member

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    Melbourne attracting 1,760 people every week - myGC.com.au

    Melbourne, apparently, ahead of Sydney and then Brisbane.

    That's if you look at total numbers it seems.

    If you look at % population growth (which may actually be more interesting from an investors perspective) in pretty sure The Gold Coast would be our fastest growing city.

    Would also be interesting to know the stats if they considered Gold Coast and Brisbane to be a single city.
     
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  2. Cactus

    Cactus Well-Known Member

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    Last edited: 31st Mar, 2016
  3. MTR

    MTR Well-Known Member

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    Yes, Melbourne number 1 for highest immigration, also number 1 for top performing State in Australia to date

    MTR:)
     
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  4. JK200SX

    JK200SX Well-Known Member

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  5. Azazel

    Azazel Well-Known Member

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    Well well.
    How are the jobs going lately?
     
  6. sash

    sash Well-Known Member

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    Yes very true...know at a couple of families in Sydney selling out of Sydney and buying land in Melbourne and building in suburbs 20-30 klms out...once built they plan to move to Melbourne. By then they would have a fully paid new house.

    Seeing more and more of this particularly people from Sydney who are finding the high prices a real challenge.

    My personal believe...is the next city to look at is Perth....they too have large immigration numbers. Though it is down....the suburbs 10-20 klms out are cheap compared to other cities.
     
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  7. MTR

    MTR Well-Known Member

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    Nope, Perth it's too,early still falling
     
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  8. MTR

    MTR Well-Known Member

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    According to the Australian Bureau of Statistics, the four fastest growing areas nationally were in Melbourne. And they were all on the fringe of Greater Melbourne. They were Point Cook, Cranbourne East, Epping and South Morang.

    Melbourne is seeing the biggest population growth in the country as mentioned.

    This is happening as the end of the mining boom redistributes growth away from Western Australia.

    Unfortunately for me Perth’s growth is now the slowest it’s been in a decade. ouch
     
  9. big max

    big max Well-Known Member

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    Perth will be slow or even shrink for a while I would think. For growth I think most obvious is Sydney Melbourne and Brisbane/Gold Coast.
     
  10. Scott No Mates

    Scott No Mates Well-Known Member

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    Perth is getting smaller as we type.

    M e l b o u r n e is expanding rapidly.

    S y dney is growing on its western fringe
     
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  11. Big Will

    Big Will Well-Known Member

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    I sure hope they don't grow on the eastern fringe from Sydney lol
     
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  12. Scott No Mates

    Scott No Mates Well-Known Member

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    @Big Will - Land reclamation project was approved this morning.
     
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  13. Big Will

    Big Will Well-Known Member

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    Thought I read about that in the paper today and so I bought 50 acres of the stuff, got it for a steal too the guy only wanted 500,000 so I transferred it already, jokes on him when I sell them for 1M for a 1/4 when the project is completed.
     
  14. Azazel

    Azazel Well-Known Member

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    There's still hope for the Eastern fringe of Brisbane.
     
  15. sash

    sash Well-Known Member

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    Yes...what better place to low ball.....the facts are that it will over take Brissie in size..due to the rate of immigration. Slowed a bit but still trucking along...
     
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  16. JK200SX

    JK200SX Well-Known Member

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    Which suburbs you referring to?
     
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  17. Sonamic

    Sonamic Well-Known Member

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    Melbourne. What a surprise. It's touted to be Australia's biggest city by 2030.
     
  18. Azazel

    Azazel Well-Known Member

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    The Islands.
     
  19. big max

    big max Well-Known Member

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  20. Azazel

    Azazel Well-Known Member

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    "THE Gold Coast will double in size over the next 35 years"