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Household Formation

Over the last 100 years Australia has witnessed a sharp decrease in the number of people living in each home. This is due to a combination of factors including rising divorce rates, falling birth rates, changing societal preferences and an ageing population. This shrinking household size places greater demand on the number of houses required.

Silverhall examines not only the general household size movement, but also correlates it to specific regions to ensure the type of property being purchased matches the household size in that area.

householdformation

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