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INVESTOR ROOM / Investing in Australia - Why Invest In Brisbane The Brisbane market continues its growth phase. A market that is driven by continued population growth that by all accounts is expected to continue in to the foreseeable future. The property demand that this is creating coupled with the lack of current supply should ensure growing capital values and rental increases. Sunday Mail (local Queensland newspaper): “As of Friday the 9th December 2005, 4 million people called Queensland home and it is forecast by a recent ABS study (Nov 2005) for this to increase by 68% between now and 2051.” “The end result for 04/05 is that Qld grew by 75,900.” Source: The Matusik Snapshot, December 2005Population growth remains strong for Queensland and is expected to do so for the long term. Brisbane , the State’s capital continues to show good economic growth and low unemployment. Brisbane unit prices grew 10% against the same quarter last year while rents also continue to rise. Population growth in Queensland once again experienced the largest rise in the nation at an increase of 76,900 people. (Source: Midwood February 2006) Where does Brisbane sit on t he Residential Property Clock? Source: Matusik Presentation February 2006 A clock where 9 indicates the middle of an upswing, 12 indicates the peak of the boom, 3 is the middle of the downswing and 6 is the market trough. Brisbane : near the bottom of the cycle (around 6.00 o’clock ) Brisbane vacancy rate at May 06: 1.9% Capital growth average for the 10 years to 2005: 8.05% per annum.
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