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๐ฃ๐ผ๐ฝ๐๐น๐ฎ๐๐ถ๐ผ๐ป ๐๐ฟ๐ผ๐๐๐ต ๐ฃ๐๐๐๐ถ๐ป๐ด ๐ฃ๐ฟ๐ฒ๐๐๐๐ฟ๐ฒ ๐ผ๐ป ๐๐ผ๐๐๐ถ๐ป๐ด ๐ฆ๐๐ฝ๐ฝ๐น๐
One reason the federal government and media have been talking about a housing shortage is because our population is booming.
Australiaโs population reached 26.5 million at the end of March, after increasing 2.17% over the year. That compares to an annual average growth rate of 1.36% over the past four decades, according to the Australian Bureau of Statistics.
In numerical terms, Australiaโs population increased by 563,000 over the year to March โ more than Hobart and Darwin combined.
Right now, our population is growing faster than the supply of new housing, which is putting upward pressure on prices and rents.
Subiaco finance brokers are here to help
Interest rate rises are here, but you donโt have to fear with the right broker on your side.
The team at Sonam Capital are here to empower you through financial knowledge. Weโll take the time to get to know you and your unique situation and speak in a language you can understand, with strategies you can implement for the best possible outcomes.
Nick, Wayne and Amanda at Sonam Capital are your Subiaco finance specialists.