As a response, the upcoming ‘Champions Way Residences’ development will help alleviate the growing residential shortage of 240,000 units in Australia over the next five years due to a rapidly increasing population, according to CBRE.
Australia may face a 240,000 residential supply shortfall over the next five years as Australia’s population continues to grow, says Stuart McCann, managing director and head of investment banking – Pacific and SEA, CBRE Capital Markets. He was speaking at the Australia Real Estate — Beyond Traditional Returns seminar on Jan 20, organised by and […]