Showing posts with label census. Show all posts
Showing posts with label census. Show all posts

Friday, September 28, 2012

Decline in Proportion of Apartment Sales

"Although units offer a significantly lower price point at which to enter the housing market, the vast majority of sales across the country are for detached houses as opposed to units. The recently released 2011 Census data showed that 75.6% of occupied dwellings were houses highlighting that they well and truly remain the dominant housing type.

Over recent years there has been a decline in the proportion of units sold, both nationally and at a capital city level. The decline can partially be attributed to the fact that more recent off-the-plan unit sales don’t enter into our figures until they reach settlement. The decline may also be as a response to first home buyer grants and stamp duty concessions that have been available, as well as recent falls in home values which has improved affordability. Unit values have typically recorded lower value declines than that of houses and this may be leading to buyers taking the opportunity to buy houses as opposed to units."

RP Data: Why has the proportion of unit sales declined since 2009?

Wednesday, August 1, 2012

Census Snapshots

Click here for an interesting census tool.

Tuesday, July 17, 2012

South Bank Census Data

One area of Brisbane where there are many apartments is the South Bank area of South Brisbane.  However, there is little data available about this area because it is leasehold land.  The 2011 Census has some interesting data.  The apartments in this area include Arbour on Grey, Saville Southbank (also known as Mantra Southbank) and Urbanest student accommodation.



  • population - 804 people
  • median age - 22
  • Most people are in the 20 to 24 age group (31% of the population)
  • 91 families
  • 17% married
  • 66% have University qualifications (compared with 13.5% for Qld or 14.35 for Australia as a whole).
  • 231 dwellings in total (of which, 92% are apartments)
  • Average of 2.1 people per household
  • 66% of dwellings had 2 bedrooms
  • Median weekly household income - $1,687
  • 70% of dwellings are rented
  • Median rent - $500 per week
  • 0.9 cars per dwelling
  • Ancestry: "The most common ancestries were English 17.2%, Chinese 16.1%, Australian 11.9%, Irish 5.0% and Scottish 4.7%."
  • Country of birth: "In 3111003 (Statistical Area Level 1), 31.4% of people were born in Australia. The most common countries of birth were China (excludes SARs and Taiwan) 6.0%, Hong Kong (SAR of China) 4.9%, Singapore 4.4%, England 4.2% and Korea, Republic of (South) 4.0%."
  • 68% had both parents born outside of Australia.

Monday, July 16, 2012

Brisbane City Census Data

For the past few weeks, I have been looking at the 2011 census data.  It is very useful for property investors.  In my view, the best place to search is via an address search, and the results are then available in layers, from a few blocks, to suburb, post code area, and so on.  You can search here.

For Brisbane City downtown area, in 2011, here is some interesting data (full results here):



  • population - 7,888 people
  • median age - 29
  • Most people are in the 25 to 29 age group (22% of the population)
  • 1,526 families
  • 32% married
  • 37% have University qualifications (compared with 13.5% for Qld or 14.35 for Australia as a whole).
  • 4,516 dwellings in total (of which, 98.7% are apartments)
  • Average of 2 people per household
  • 50.9% of dwellings had 2 bedrooms
  • Median weekly household income - $1,828
  • 54.5% of dwellings are rented
  • Median rent - $530 per week
  • 0.8 cars per dwelling
  • Ancestry: "The most common ancestries in Brisbane City (State Suburbs) were English 18.0%, Australian 11.3%, Chinese 9.8%, Irish 7.0% and Korean 5.8%."
  • Country of birth: "In Brisbane City (State Suburbs), 33.3% of people were born in Australia. The most common countries of birth were Korea, Republic of (South) 6.6%, England 4.4%, China (excludes SARs and Taiwan) 3.9%, Taiwan 3.3% and New Zealand 2.5%."
  • 63.5% had both parents born outside of Australia


Sunday, July 15, 2012

Population Growth

Population growth often leads to property price growth.  Statistics from the 2011 census were released recently, and show the population growth for Queensland.  The question is whether this growth will continue, and at what rate.

The official population estimates show that Australia's population was a little under 4.5 million people in 1911 and by 2011 there were 22.3 million people.

The Commonwealth Censuses have also tracked the growth and development of the states and territories that make up the Commonwealth of Australia, as well as recording the distribution of the population between them.  In the 100 years between 1911 and 2011, population growth for the two most populous states, New South Wales and Victoria, has largely tracked that of the national population.  Both Western Australia and Queensland had relatively consistent shares of the national population until the 1960s and 1970s, when substantial expansion of the economies in both states began to occur, supported at least in part by mining development. Since 1911, Queensland's share of the national population has grown by 6.3 percentage points, while the population share for Western Australia grew by 4.1 percentage points.

See ABS