澳洲 布里斯本

【Australian Population】2025 Population Update: Queensland has the highest growth rate in the past 5 years

According to the latest data from the Australian Bureau of Statistics, Australia’s population growth will reach 550,000 in 2024, with an average of 10,000 people added each week, which is higher than the average annual growth rate of the past five years. Queensland has the highest population growth rate in the country with an average annual growth rate of 99,500 people, driving the real estate and economic activities in Queensland and Brisbane.
Reasons for Queensland’s population growth
Preferences of overseas immigrants: Queensland has attracted a large number of overseas immigrants, especially families from Asia and Europe. They value the livable environment and the relaxed pace of life compared to other capital cities, which makes Queensland and Brisbane one of the popular choices for overseas immigrants to study and invest.
Local population migration: Not only overseas immigrants, Queensland has also attracted residents from other states, especially New South Wales, where Sydney is located, and Victoria, where Melbourne is located. Data shows that more than 30,800 people in New South Wales left their original places of residence, while nearly 30,000 people in Queensland moved to settle there, reflecting that these families are seeking a higher quality of life and lower housing pressure, which further promoted the population growth of Queensland and became the fastest growing state in the past five years.
Economy and job opportunities: Queensland’s economy is developing rapidly and has also benefited from Brisbane’s advantages in hosting the 2032 Olympics, especially in infrastructure construction, tourism and real estate markets, providing a large number of employment opportunities and development space for new immigrants, helping to drive population growth in Queensland and Brisbane.

The potential of the real estate market
The latest estimates from the Australian Bureau of Statistics show that Australia’s population is expected to increase to 30 million in the next five years. It is estimated that about 240,000 new homes will need to be built each year in the next five years to accommodate the expected population growth. With the rapid population growth and the coming of the 2032 Brisbane Olympics, Brisbane’s real estate market has also ushered in various opportunities. Whether you live in it or rent it out, you can enjoy stable rental income and capital appreciation. So if you are considering immigration or investment, now is the best time to explore Brisbane. Let Changmei Australian Property Betty welcome this city full of opportunities with you. If you want to know more about the latest information on the Brisbane real estate market in Australia, contact Cheong Mei Australian Property immediately!