The following values are provided by Australian Property Monitors -Media release
| HOUSES | Qtr Median | Annual Increase | UNITS | Qtr Median | Annual Increase | Sydney | Sydney | $595,745 | Dec-09 | 12.07% | $405,795 | Dec-09 | 9.79% | $565,581 | Sep-09 | $397,679 | Sep-09 | $553,583 | Jun-09 | $389,071 | Jun-09 | $531,560 | Dec-08 | $369,607 | Dec-08 | Melbourne | Melbourne | $517,756 | Dec-09 | 18.54% | $375,663 | Dec-09 | 11.47% | $486,708 |
Australian Median House Prices – June 2009
Houses
Units
Source: www.homepriceguide.com.au
Figures from the … Read the rest
The following figures are calculated from the Australian Bureau of Statistics:
5609.0 – Housing Finance, Australia
6302.0 – Average Weekly Earnings, Australia
2010 – First Home Mortgages
| March 2010 | June 2010 | October 2012 | Ave Value | No of Loans | Ave Value | No of Loans | Ave Value |
The latest report from the RP Data Rismark Hedonic Home Value Index
News Released Friday 29 January 2010
Sydney
It is often forgotten that between December 2003 and December 2006 Sydney home values fell by over 6 per cent. 2009 finally saw Sydney home values recover with the December ??09 … Read the rest
Reading some information on the Property Boom in Brisbane today, January 2010, I saw some information on the median house prices over the last 40 years.
These Brisbane median house prices figures were quoted:
I did a quick … Read the rest
A selection of quotes about the Australian Property Crash being discussed from 2001…
2001
From the Jenman website in 2001
Boom & Bust.
Since then the real estate market has continued to boom. Our real estate critics have laughed. You were wrong. The prices are still going up. ? Really? … Read the rest
Total New House Construction starts in Queensland
| Quarter ended |
2007 | 2008 | 2009 | Mar | 6,520 | 6,430 | 3,572 | Jun | 7,291 | 6,969 | 4,536 | Sep | 8,050 | 6,524 | 6,018 | Dec | 8,566 | 5,338 |
Long Term chart showing New House Starts from Mar 1990 to Sep 2009
Original Data Source: Australian Bureau of Statistics – 8750.0 – … Read the rest
Is it better to rent a house in Australia, than it is to buy a house ?
With the comparison between rental costs and mortgage repayments at the moment, the above is a very valid question. Many people can see that renting is so much cheaper.
A $350,000 house currently … Read the rest
