Aaron Gadiel head of the property development group Urban Taskforce said that before Sydney property prices skyrocketed in the late 1990s and early 2000s, its state, New South Wales, had maintained a steady 42 percent share of Australia's total immigration.
But he said this figure was now falling as house prices continue to soar and insufficient new housing stock becomes available - with about 30 percent of foreign migrants settling in the harbour city. Melbourne...
Read more » Sydney will loose top spot as largest city in Australia


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