Last year (to Sept) Australia expanded by approx 371,000 people.
abs.gov.au/Ausstats/abs@.…
There are about 2.6 persons per dwelling.
abs.gov.au/ausstats/abs@.…
abs.gov.au/AUSSTATS/abs@.…
rent.com.au/blog/airbnbs-a…
That leaves about another 140,000 dwellings this year looking for an occupier.
170K in dwelling completions
+40K in airbnb stock looking for long term tenants
- 55K in natural new demand
- about 15-17K in not available for occupation.