High population density has had little impact on home values

GENERAL NEWS

HIGH population densities had little or no impact on trends in house value or rental appreciation over the past decade, analysis by CoreLogic shows, and...

Australian Bureau of Statistics data shows Melbourne has the highest population density across the capital cities, at 521 people per square kilometres, followed by...

CoreLogic’s analysis shows Sydney’s lower population density relative to Melbourne and Adelaide comes despite Sydney having a larger portion of medium to...

An important factor contributing to the lower population density across Sydney is the larger land area that comprises the metropolitan region. The Sydney metro area...

Sydney dominates the list of 20 highest-density SA2 locations, led by inner south locations such as Sydney (South) Haymarket, Chippendale, Zetland, Ultimo, Waterloo...

“Population density across the unit sector provides little explanatory value about unit rental growth over the past 12 months or the past 10 years. Areas with a high population...

“The relationship between density and appreciation in house rents is even weaker than seen across the unit sector, but the weak relationship runs opposite to that of...

Only two of the 20 highest-density SA2 locations across the country recorded a larger rise in unit rents over the past 12 months than the capital city benchmark...

The relationship between unit values and population density is more significant, with high-density unit markets generally showing a lower level of value growth over both the...

Sixteen of the top 20 have recorded a lower annual rate of unit value growth over the past decade relative to the broader capital city trend. Over the past 12 months...

High population densities provide “virtually no explanatory power” for house values, Lawless said, with the coefficient of determination just .001 over the past 12 months and...

“Over the long term, precincts with a high population density tend to show slightly stronger growth in unit rents, but softer rates of capital appreciation across the...

“Stronger rental growth for units is unsurprising given the high level of amenity along with proximity to major employment nodes and academic facilities that is typical for...

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