The Investors Club | TIC | Petiton | Impacts of the Interest Rate Rises

Impacts of the Interest Rate Rises

Total Dwelling Units

As you can see from the graph above, the high interest rates caused the dip in the supply, then when the interest rates fell the supply rose.

Dwelling Units Approved - NSW

Stats show we are building fewer dwellings now than 25 years ago.

Dwelling Units Approved - VIC

Only Victoria has current supply about the same as 2003.

Dwelling Units Approved - QLD

Bad supply stats for Queensland.

New Residential Building Approved

Supply is less than 2003 but values much higher because of poor supply.

Dwelling Units Approved

Low rates = supply up

Graph source: ABS website