Folkestone: Population Growth Across Our Cities – Ebbs and Flows

Melbourne’s population grew by 2.1 per cent in 2014-15, down slightly from 2.2 per cent the year before, but still higher than the next-fastest growing capital, Darwin (1.9 per cent).

Perth, which has been one of the fastest-growing capital cities since the mid-2000s, grew by only 1.6 per cent in 2014-15 (down from 1.9 per cent last year) and now sits equal fourth with Brisbane, behind Sydney (1.7 per cent).

When it comes to growth in actual number of people, Melbourne also comes out on top. Melbourne’s population increased by 91,600 in 2014-15, that’s an average of 1,760 people per week. Sydney had the next biggest increase (83,300), followed by Brisbane (35,200) and Perth (31,100). Sydney, if it grows by a similar amount this year, will hit 5 million people.

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 Residential Monthly Performance – March 2016

A summary of the latest investment performance for residential property according to the CoreLogic RP Data Home Value Index – March 2016 Update.