Over the next two years Australia's capital cities are due to see an unprecedented 231,129 units and apartments due to settle according to CoreLogic-RP Data research, with an associated risk of oversupply. The sub-regional data and disaggregated figures show that the high-rise sector plays host to the greatest risk, while inner city Melbourne and Brisbane are two of the markets where completions will be concentrated. Although settlement risks are rising, in Sydney and Melbourne most stock is being well absorbed. A look at few of the implications and macro trends: (VIEW LINK)
Thanks for sharing this blog Peter, some very detailed analysis and great to get the views of a property expert on what is a highly topical issue.