Financial Review - Migrants!
Jan 10th 2005, 2:58 am
#1
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Financial Review - Migrants!
Two interesting articles in the Financial Review today - unfortunately only one free link though!
Migrants Figures 2003/04
The second headline is 'Migrant fall-off flattens QLD house prices'. In summary, less and less migrants are now coming to QLD, as the gap between Brisbane and Melbourne & Sydney narrows. Adelaide and Perth are becoming the latest places to go because "house prices are cheap and the economy is strong"
WA upsurge: UK & Irish migrants, 1999/00 = 2392 03/04 = 5294
QLD fall-off: total migrants - 2003 = 68,500 2004 = 56,350
Migrants Figures 2003/04
The second headline is 'Migrant fall-off flattens QLD house prices'. In summary, less and less migrants are now coming to QLD, as the gap between Brisbane and Melbourne & Sydney narrows. Adelaide and Perth are becoming the latest places to go because "house prices are cheap and the economy is strong"
WA upsurge: UK & Irish migrants, 1999/00 = 2392 03/04 = 5294
QLD fall-off: total migrants - 2003 = 68,500 2004 = 56,350
Jan 10th 2005, 9:54 am
#2
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Re: Financial Review - Migrants!
Originally Posted by mlbonner
Two interesting articles in the Financial Review today - unfortunately only one free link though!
Migrants Figures 2003/04
The second headline is 'Migrant fall-off flattens QLD house prices'. In summary, less and less migrants are now coming to QLD, as the gap between Brisbane and Melbourne & Sydney narrows. Adelaide and Perth are becoming the latest places to go because "house prices are cheap and the economy is strong"
WA upsurge: UK & Irish migrants, 1999/00 = 2392 03/04 = 5294
QLD fall-off: total migrants - 2003 = 68,500 2004 = 56,350
Migrants Figures 2003/04
The second headline is 'Migrant fall-off flattens QLD house prices'. In summary, less and less migrants are now coming to QLD, as the gap between Brisbane and Melbourne & Sydney narrows. Adelaide and Perth are becoming the latest places to go because "house prices are cheap and the economy is strong"
WA upsurge: UK & Irish migrants, 1999/00 = 2392 03/04 = 5294
QLD fall-off: total migrants - 2003 = 68,500 2004 = 56,350
Migrant fall-off flattens Qld house prices Page 1/1
There are signs of change in the Queensland property market. There has been a
fall in the median price of Queensland homes. Overseas migrants are now
moving to Western Australia and South Australia, because house prices are
cheaper there than in Queensland. Fewer internal migrants are moving to
Queensland as well. Macquarie Bank's Rod Cornish believes that the changes in
migration may lead to a gradual flattening of Queensland house prices. The
Real Estate Institute of Australia notes that the median price of a
Queensland house fell to $A300,000 in the September 2004 quarter; Original
article by Lisa Allen; The Australian Financial Review; 10 January 2005; page
5 Abstract by Palamedia / ABIX
