The New Land Market -Demand Scorecard
A demand scorecard for the new land market. Research4 undertake detailed analysis of both the demand and supply side for the nation’s major new land markets.
The following attachment summaries underlying demand for new land and actual land sales.
Demand Explained
Underlying demand for new land has been calculated based on population change and not employment change.
Chart explained.
- Modeled underlying demand for new land (average monthly-red line),.
- Actual new land sales (average annual monthly – blue line).
- Bars represent the Sales as a % of Demand.
Melbourne
Actual land sales in 2016 were tracking 18% above underlying demand for new land.
Sydney
Actual land sales in 2016 were tracking 9% above underlying demand for new land.
South East Queensland
Actual land sales in 2016 were tracking 28% above underlying demand for new land.
Perth
Actual land sales in 2016 were tracking 19% below underlying demand for new land.