Imagine a Melbourne the size of New York City.
Yes, really.That’s the trajectory we’re on.
By 2050, Melbourne’s population is projected to swell to 9 million people, making it not just Australia’s biggest city by population, but potentially one of the most dynamic urban economies in the world.
This isn't some abstract urban planning fantasy—it’s based on official projections and a strategic blueprint - Plan Melbourne - backed by trends in migration, births, and economic transformation.
So what does this mean for our housing market—and for savvy investors?
In today’s podcast, Brett Warren and I discuss the changing landscape of Melbourne's property market, driven by significant population growth and urban planning initiatives.
We explore the implications of these changes for property investors, emphasizing the importance of understanding infrastructure developments, the concept of 20-minute neighborhoods, and the need for medium density housing.
Takeaways
· Melbourne's population is projected to reach 9 million by 2050.
· Infrastructure development is crucial for property growth.
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