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Queenslands Gold Coast Population and Infrastructure is Skyrocketing

Posted @ Jun 7th 2016 1:35pm - By Admin Asset Direct

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Gold Coast’s infrastructure is progress and population increase is absolutely skyrocketing particularly in the northern corridor.

New figures have revealed that Pimpama boasts two of Australia’s most popular estates in Australia according to data released by website realestate.com.au

The Housing Industry Association (HIA) estimates there have been around $318 million worth of building approvals in the area in 2015/16 which is approximately a 147% increase from the previous year.

According to the Queensland Government, Pimpama’s population is projected to grow from 6033 this year to 10,688 by 2021.

Pimpama Councilor and deputy mayor Donna Gates said infrastructure was struggling to keep up with the area’s population growth and rapid expansion.

“The projected housing growth according to 2014 ABS data for 2021 was 5119 houses but it has reached 5700 and with an additional 4000 plus dwellings coming, we are way beyond what was predicted,” Cr Gates said.

Cr Gates said the suburb’s annual population growth was 17% to 1.3% for Queensland.

The booming population in this particular area is obviously due to many factors including the commencement of the $1-Billion-Dollar Coomera Town Centre, the Employment opportunities, the Beautiful weather, the Family-Friendly aspect, and the cost of housing in areas like Melbourne and Sydney where young families have been priced out of the market.

Queensland… Beautiful one day… and Beautiful the next…

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