Why overseas migration so is critical for the Apartment Market
Net overseas migration into Victoria, was running at about 75,000 people per year for 5 years pre Covid. In 2021, this trend hit reverse with a net decline of 50,000 overseas migrants departing Victoria. That is a year-on-year switch of 125,000. Keeping those numbers in mind, now consider this… 77% of overseas born households rent…Read More→