You Need To:
- Understand changes in population
- Choose areas with diversified employment and essential services
- Target locations with low vacancy rates
- Identify regions with great infrastructure currently in place, and planned
- Know locations where there is an imbalance of supply and demand
Population change is paramount
The discerning investor will know certain markets, such as Brisbane, Perth and some large regional locations, are experiencing significant population changes. Queensland’s net interstate migration increased at levels not seen since records began in 1981. Western Australia had its largest ever quarterly interstate migration inflow in the final months of 2021.
Overseas migration and The Brisbane Olympics
Australia expects an influx of 393,000 more people from overseas over the next 2 years. The 2032 Olympics needs 91,000 more people to help build Brisbane’s infrastructure.
So, the question on many investors’ minds is, ‘where’s the best place to invest’? Talk to Silverhall to access their professional research.