Low interest rates sustained over the past 18 months have fuelled investment in the apartment market, leading to an increase in dwelling approvals, sales volume and housing finance increasing in 2014.
At the same time, Sydney was ranked seventh most liveable city in the world. The Economist Intelligence Unit considers the city’s stability, healthcare, culture and environment, education and infrastructure when grading the Global Liveability Index. Coupled with a ranking of third for quality of life in the latest Knight Frank Global Cities Survey, it is not surprising that population in Sydney is positively projected.
Source : Knight Frank