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Do you understand the significance of the property industry in Australia?

How big is the property industry? Corelogic estimates that the total value of all the residential real estate in Australia is over 6.6 Trillion dollars.  And last year the Property Council estimated that the property sector has a larger footprint on the Australian economy than any other industry. But their definition of the property industry did not include ownership of...
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Sydney is about to experience it’s biggest construction boom ever

Almost 185,000 new houses and apartments will be added to the Sydney property market by 2021 This Government forecast suggests that about 85 per cent more properties will be built in the next five years than were built in the previous five years creating the biggest housing construction boom in Sydney’s history.  The NSW Planning Minister, Rob...

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