Since 1966, Australia’s population was 11.5million – we are now sitting at 23,550,000 people!!!
So it has taken less than 50 years to double in size!!! Impressive figures! And it’s predicted that we will grow by 10% over the next 5 years if we continue at this growth rate!
> Australia grew by 396,200 people last year!
> one birth every 1 minute and 42 seconds,
> one death every 3 minutes and 34 seconds
We are privileged to live in a great country like Australia – one that is, by these stats in Michael Yardney’s article…continually growing!! Which is great news for everyone with property in Australia!
http://propertyupdate.com.au/what-property-investors-need-to-know-about-population-growth/