However population growth is still playing an active

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However, population growth is still playing an active role. As of September 2017, the Australian population increased by 395,600 in 12 months, an increase of 1.63% (Rogers, Lee& Yan, 2015). Among them, the number of overseas immigrants increased by 250,000, accounting for 63.2% of the total population growth. This clearly shows that Australia's population growth rate is very fast, more than twice that of the United States, three times that of the United Kingdom and four times that of France (Sisson, Rogers & Gibson, 2019). Since 2008, the global economic crisis has led to a continuous rise in housing prices in Sydney, and Australia has been loved and strongly supported by the international investment community. New trends in supporting overseas investor research have important implications for the positive performance of the residential market (Ramasamy, Yeung& Laforet, 2012). The
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continued growth of the population will naturally increase the demand of the market. However, seeing that the housing market will remain weak in a short period of time, more and more developers are turning their attention to the commercial property market with soaring potential. According to the Housing Association (HIA), the commercial office new orders index rose 7.4 points to 61.6 points, a nine-month high, while the apartment new orders also fell 4.1 points to 49.2 (Michael, 2019). As time goes by, supply and demand will eventually balance and even reproduce the glory. This is the key reason why Australian housing prices continue to rise. Research Gaps This article is based on historical and current data and data from the literature on the property market in Australia and Sydney. The article uses specific cases and data to show that Australian property has experienced turmoil, but is now getting better. However, the literature selected in the article rarely describes the downturn of property and the cyclicality of the prosperous market, nor does it directly analyze the attitudes and coping styles of local residents in Sydney on property changes. If you want to get more persuasive research results, you should strengthen the analysis of Sydney's local residents' investment and attitude towards property. And because Australia is also a multi-ethnic country, the article lacks the investment expectations of different people for the future of property. If we strengthen the collection of data and information in this area, the article should be able to further analyze whether Australian property is really recovering. At the same time, it is best to also add to the expectations of the property market in the next few years. If you can compare the past of the Australian and Sydney property, the current and future market comparisons, the article will make more sense. Conclusion
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To sum up, the article discusses that as the central bank announces interest rate cuts, banking regulators relax lending standards, and Australia's underperforming property market is expected to gradually recover. Although the previous problems, such as the sharp decline in the number of buyers and oversupply, have led to a continuous decline in Australian housing prices, future population growth will still have a positive impact on the property market in Sydney and even Australia.
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