Booz, I thought you might find the following graph & text from RPData interesting. If WA and QLD are leading the pack with population growth in percentage terms, why are their house prices falling?
Seems strange doesn't it?
Across the states, New South Wales has recorded the greatest increase in population over the past year in raw number terms (95,157). Interestingly, population growth in New South Wales, Victoria and Queensland combined has accounted for almost 78% of growth over the past year.
In percentage terms, Western Australia has been the fastest growing state over the year with the population increasing by 2.1%. Growth in Queensland (1.9%) and the Australian Capital Territory (1.7%) was also quite strong.
