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According to official ATO records, 30% of all Australian residential dwellings receive rental income. The other 70% of dwellings are occupied by the owner (whether mortgaged or debt free).
For as far back as history books can take us, Australian governments have not had the capacity to fund properties that make up the rental pool for what has become the fastest growing population in the developed world. Governments are flat out trying fund essential infrastructure such as roads, hospitals, ports, and public transport.
These are official numbers. If you are currently sitting in the 72.8% category, well done for starting your journey.
If you are currently sitting in the 0.9% category,
There can be very few more important financial decisions than picking the right property to invest in.
Decision making is a refined skill. Really good decision making starts by first exploring what ALL of your options are. Often, it won’t be obvious to people what all those options are – one can’t know what they don’t know – so seeking the advice of a genuine specialist will expose us to more options.
Locations where population is growing the most have the best potential for capital growth, right? Whilst logic suggests this to be the case, historical evidence suggests otherwise. The graphs and general information below contain a wide range of information regarding Australia’s population trends. Propertyology agrees that population is an important consideration for selecting locations however, our formal studies have taught us that population is far from being the most important consideration