Sydney’s Population Boom
March 19th, 2010
Forecast analysis reports SMH has revealed, Sydney’s population will grow by about 40% overall in the next few decades, with suburbs in the south-east region doubling, while inner city figures will increase by more than 60%. Projections on the next 30 years show that Sydney’s western suburbs will soak up most of the demand. Planning officials and developers all welcomed the report and stated that it would help start moulding future planning issues and areas for the marked 2036 growth benchmark.
Simon Reibelt from Oasis Home Loans Northern Beaches said that investors could look at the results and start to pickup competitively priced property in the forecast of exceptional returns in the future.