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Sydney suburbs ready to go boom

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Old Sep 17th 2010 | 7:54 am
  #31  
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Default Re: Sydney suburbs ready to go boom

What is always interesting about these articles is that they seemingly fail to take into account other issues like water-resources by 2036, fossil fuel resources by 2036, food resources by 2036, climate by 2036 and global financial system stability by 2036. A significant deviation from the accepted norm in any one of the above could have a fundamental impact on australian (and global) population and settlement patterns.

Originally Posted by ABCDiamond
Expectations:

Camden up 390 per cent
Liverpool up 100 per cent
Sydney CBD and inner-city up 60 per cent

http://www.news.com.au/money/propert...-1225850136320
 
Old Sep 18th 2010 | 1:20 am
  #32  
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Default Re: Sydney suburbs ready to go boom

Originally Posted by mbike
What is always interesting about these articles is that they seemingly fail to take into account other issues like water-resources by 2036, fossil fuel resources by 2036, food resources by 2036, climate by 2036 and global financial system stability by 2036. A significant deviation from the accepted norm in any one of the above could have a fundamental impact on australian (and global) population and settlement patterns.
That is one reason why there has been a lot of discussion about the population "explosion" and was very heavily discussed during the election.
 
Old Sep 18th 2010 | 5:11 pm
  #33  
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Default Re: Sydney suburbs ready to go boom

Population boom is not the only thing influencing prices. We live in a suburb, Cowan, that doesn't have sewerage. For the last 25 years at each election both sides have promised to install sewerage within a very short time, it never happens. Based on the experiences of other Upper North Shore suburbs when it does happen prices will go up by about 30%.
 
Old Sep 18th 2010 | 6:38 pm
  #34  
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Default Re: Sydney suburbs ready to go boom

Originally Posted by ABCDiamond
That is one reason why there has been a lot of discussion about the population "explosion" and was very heavily discussed during the election.
I would be concerned with the other finding of the original report, not mentioned in the news.com.au spruik
The growth was being driven by the boom in the ageing population that is causing headaches for governments across the nation.

The number of people aged 65 and above would increase in every local area in NSW.

By contrast growth in the 0- to 14- year-old population would be limited mostly to the metropolitan and coastal regions and areas surrounding Canberra.
Does this mean Australia is on its way to becoming a larger, sunnier version of Frinton-on-Sea?
 
Old Sep 19th 2010 | 12:09 am
  #35  
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Default Re: Sydney suburbs ready to go boom

Originally Posted by mbike
I would be concerned with the other finding of the original report, not mentioned in the news.com.au spruik


Does this mean Australia is on its way to becoming a larger, sunnier version of Frinton-on-Sea?
I think this is a similar problem for all areas in Australia, and in just about all of the western nations. We are all living longer than we used to, consequently there are more older people than ever before.

However....

Frinton on Sea
Population spread:
  • 36.1% 65+ yrs old

Australia
  • In 2005, the proportion of Australia's population aged 65 years and over was 13.1%.
  • In 2009, the proportion of Australia's population aged 65 years and over was 13.3%.

Still a way to go, maybe about 400 years at the same rate as 2005 to 2009, before it reaches Frinton on Sea levels

An interesting piece on this topic from http://www.statistics.gov.uk/cci/nugget.asp?id=949
UK aged population 1984-2009.
Over the last 25 years the percentage of the population aged 65 and over increased from 15 per cent in 1984 to 16 per cent in 2009
and
Australia aged population 1984-2009.
In the 25 years to June 2009, the proportion of the Australian population aged 65 years and over - grew from 10% to 13.3%
http://www.abs.gov.au/ausstats/[email protected]&num=&view=
By 2032 Australia will have caught up with the UK, at those rates.
 
Old Sep 19th 2010 | 12:50 am
  #36  
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Default Re: Sydney suburbs ready to go boom

Originally Posted by NigelWaring
Population boom is not the only thing influencing prices. We live in a suburb, Cowan, that doesn't have sewerage. For the last 25 years at each election both sides have promised to install sewerage within a very short time, it never happens. Based on the experiences of other Upper North Shore suburbs when it does happen prices will go up by about 30%.
But your biggest worry is if Pie in the Sky increase their prices to suit!!
 
Old Sep 19th 2010 | 1:33 pm
  #37  
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Default Re: Sydney suburbs ready to go boom

Originally Posted by mbike
What is always interesting about these articles is that they seemingly fail to take into account other issues like water-resources by 2036, fossil fuel resources by 2036, food resources by 2036, climate by 2036 and global financial system stability by 2036. A significant deviation from the accepted norm in any one of the above could have a fundamental impact on australian (and global) population and settlement patterns.
But this would require discussion of issues like Australia's massive energy and water consumption, and consideration of what a desirable regulatory regime for agriculture and finance is. That's difficult and a bit of a downer - no politician wants to do that. If you stick to banging on about the "population explosion" and immigration, you can win votes by bashing foreigners.
 

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