Off The Plan Gold Coast | Apartments for sale | Hilton Surfers Paradise | Off Plan Apartments | Surfers Paradise | Broadbeach » homes http://www.offtheplangoldcoast.com.au New off plan real estate on the Gold Coast Australia Thu, 31 Mar 2011 20:29:15 +0000 en hourly 1 http://wordpress.org/?v=3.0.5 How do property analysts know there is a shortage of property in Australia? (23/04/10)http://www.offtheplangoldcoast.com.au/2010/04/property-shortage-australia/ http://www.offtheplangoldcoast.com.au/2010/04/property-shortage-australia/#comments Thu, 22 Apr 2010 19:48:54 +0000 Project Alert http://www.offtheplangoldcoast.com.au/?p=1749 Australia’s population is growing 2.4% annually according to the latest figures from the Australian Bureau of Statistics (ABS). That is 523,186 new residents per year. The average household size of Australia is currently 2.6 people, which equates to 201,225 new homes that need to be built per year.

During 2009, only 137,698 dwellings were commenced to be built. This is a shortfall of 63,527 homes during 2009 alone.

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