Australian Property

Lord Mayor frets as Melbourne growth model spins wildly

Leith van Onselen
Tuesday, 6 September 2016
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By Leith van Onselen

Check-out the below chart of Central Melbourne’s high-rise apartment construction, via The AFR:

ScreenHunter_14768 Sep. 06 07.53

According to the article, there are currently 20,000 apartments under construction, with another 31,000 approved, and another 25,000 with development applications lodged.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.