trends in Brisbane property

New population stats: can't keep them out of Queensland!

Brisbane housingThe ABS released their latest population data today with growth numbers to the year ending Sept 30th. Queensland’s population jumped 2.7%, with another 115,200 maroon-wearing canetoads now calling this state home.

This was a big leap faster than the national average of 2.1% and second only to WA at 2.9%. Nationally around 2-thirds of our population growth is coming through overseas migration and that’s easy to see on the streets of Brisbane. Today this is very much an international city.

As we write it’d be safe to say Queensland is passing our 4.5m mark. With almost 10,000 extra people added to our state’s population every month that’s 116 new homes needed each and every day. And we’re not keeping up.