Here are some really interesting statistics about the Australian property market.

It’s particularly interesting to quantify undersupply:

♦ Australia has 411 dwellings for every 1,000 people.

♦ Greece and Italy, that figure is over 550 dwellings for every 1,000people.

♦ Spain, Germany, and Finland have over 500 dwellings for every 1,000

people.

♦ The average in the OECD - Housing Market group of 38 country

economies is 468 dwellings per 1,000 people.

These numbers really put into context that Australia needs to build more dwellings!

(Thanks to ABC)

TO DISCUSS YOUR INVESTMENT HOME BUILD NEEDS: CALL MIKE 0419 644660

Email: mike@invisionhomes.com.au

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