Investor Presentaiton
MIRVAC LIVING SECTORS INVESTOR DAY
Overseas migrants - dwelling & tenure patterns
Overseas migration is currently at an all time high level - -1,000,000 new people are forecast over next three years, requiring an additional -400,000 dwellings
OVERSEAS ARRIVALS TO GREATER SYDNEY
Share of tenure & dwelling type by year of arrival
OVERSEAS ARRIVALS TO GREATER MELBOURNE
Share of tenure & dwelling type by year of arrival
100%
90
80
70
60
50
40
30
20
10
0
1 2 3 4 5 6 7 8 9 10 11 12 13 14
Year of arrival
Rented house
15 16 17 18
19 20
Rented townhouse
Rented apartment
123456789 10 11 12
13
14 15
16 17 18
Year of arrival
Owned house
Owned townhouse
Owned apartment
1. Note: Assumes current average household formation size of 2.49 people remains constant. Source: Budget 2023-24 Projection (May 23), RBA LFS Measure (Jan 23).
mirvac
100%
90
80
70
60
50
40
30
20
10
10
0
19 20
Year of arrival since 2019
Source: 2021 ABS Census
10 OCTOBER 2023
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