Stamp Duty is paid on most House Purchases in Australia
There are a few exceptions, and the rate is NOT the same in each state.
$11,650 ACT
$13,490 NSW
$16,515 NT
$ 5,250 … Read the rest
The Greens want to end negative gearing on new housing investments, saving $3 billion over 4 years. [1]
The Greens proposal, which has been costed by the independent Parliamentary Budget Office, argues abolishing negative gearing would save $2.9 billion by 2020.
Over 10 years, … Read the rest
A comparison of house prices done by www.domain.com.au
show that Perth (3,109%) has risen faster than the other States, with Hobart in Tasmania (2,020%) having the smallest increase. (Darwin is not compared as full data is not available). All property has risen … Read the rest
One example for each State, based on a $420,000 property with a $300,000 mortgage gives the following totals for Stamp, Land Transfer and Mortgage Registration Duties.
First Home owners do get various … Read the rest
The changes in the median rent, for a 3 bedroom detached house, in the Brisbane location between 2007 and 2012
| Sep-2012 | Dec-2009 | Dec-2008 | Dec-2007 | Localities | Rent | Rent | Rent | Rent | BRISBANE CITY | $400 | $370 | $360 | $330 | Bayside | $400 | $360 | $360 | $330 | Lindum/Lytton/Wynnum | $400 | $360 | $350 | $330 | Lota/Manly | $400 | $380 | $380 | $340 |
The median price of detached houses in Greater Sydney have risen at an average of 4.22% per year, between 2002 and 2011, according to the latest ABS Median Price of Established House Transfers report.
The following data from the ABS House Price Index covers transactions in detached residential dwellings on … Read the rest
I keep seeing these adverts on websites, including mine, that want to take you to a site that presumably sells a book about “Why the AUSTRALIAN housing market HAS to crash in 2011”
Well it is almost the end of 2011, and it hasn’t crashed…
In fact, we have two … Read the rest
The average first home buyer in Australia is, in February 2011, having to arrange an average mortgage of $277,000 for their property purchase. This has dropped from the average first home buyers mortgage of $281,600 a year ago in February 2010, and is also slightly lower than it was in … Read the rest
Using the Australian Bureau of Statistics report: “6416.0 House Price Indexes: Eight Capital Cities” as a base for Australian Median Property Price information, I have created the following chart using their “September Quarter Key Points” from each of the September reports issued from 1995 to 2010.… Read the rest
Using the Australian Bureau of Statistics report: “6416.0 House Price Indexes: Eight Capital Cities” as a base for Australian Median Property Price information, I have created the following chart using their “September Quarter Key Points” from each of the September reports issued from 1995 to 2010.… Read the rest
