What Australia's population hitting 24 million means for the property market

Posted by Simon Dehne on February 16, 2016 in Latest News with No Comments

populationAt 12.51am on Tuesday, the estimated population of Australia as measured on the population clock passes 24 million.

It is interesting to note just how quickly we have reached 24 million given previous expectations.

The population clock was unveiled in the latter half of 1999 by Minister Hockey when the population hit 19 million, and at that time it was projected by the Australian Bureau of Statistics (ABS) that the population would not reach 24 million for another 33 years.

In fact, we have made it to 24 million some 17 years ahead of schedule, as I have charted below.

Read more.

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