Vertical Shot Buildings Downtown Austin Tall Glass Building Texas Usa Min (1)

๐—ฃ๐—ผ๐—ฝ๐˜‚๐—น๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—š๐—ฟ๐—ผ๐˜„๐˜๐—ต ๐—ฃ๐˜‚๐˜๐˜๐—ถ๐—ป๐—ด ๐—ฃ๐—ฟ๐—ฒ๐˜€๐˜€๐˜‚๐—ฟ๐—ฒ ๐—ผ๐—ป ๐—›๐—ผ๐˜‚๐˜€๐—ถ๐—ป๐—ด ๐—ฆ๐˜‚๐—ฝ๐—ฝ๐—น๐˜†

One reason the federal government and media have been talking about a housing shortage is because our population is booming.

Australiaโ€™s 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, Australiaโ€™s 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 donโ€™t have to fear with the right broker on your side.

The team at Sonam Capital are here to empower you through financial knowledge. Weโ€™ll 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.

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