We have all seen the published median prices of property, and sometimes have wondered about what it really means.
Too often we see different median prices issued for the same area by
different organisations.
Sometimes we see figures that show a price change that just doesn’t look
right.
How about … Read the rest
An indication of the real increase in property prices is the median property priced set against the median household income of those groups that actually purchase properties.
For that reason, rather than using the national average wage, which includes all part time wages, 16 year old workers etc., I have … Read the rest
An indication of the real increase in property prices is the median property priced set against the median household income of those groups that actually purchase properties.
For that reason, rather than using the national average wage, which includes all part time wages, 16 year old workers etc., I have … Read the rest
An indication of the real increase in property prices is the median property priced set against the median household income of those groups that actually purchase properties.
For that reason, rather than using the national average wage, which includes all part time wages, 16 year old workers etc., I have … Read the rest
An indication of the real increase in property prices is the median property priced set against the median household income of those groups that actually purchase properties.
For that reason, rather than using the national average wage, which includes all part time wages, 16 year old workers etc., I have … Read the rest
The following charts show the average amount borrowed by Australian First Home buyers, and the numbers of such borrowers in each State.
New South Wales Average First Home Buyer Mortgage
| Dwellings financed | Number | Average loan size | Jan-Dec 1992 | 20,709 | $ 91,755 | Jan-Dec 1993 | 27,482 | $ 96,642 | Jan-Dec 1994 | 33,023 | $105,038 |
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
