Property Sales throughout Australia for the week ending 30th May 2020
Victoria had a 75% Clearance rate from 130 Auctions. VIC auction results
There were also 810 Private sales.
New South Wales had a … Read the rest
I was reading about a Queensland couple who earn about $120,000 per year between them, and say that it will take them about 11 years to save a 20 per cent deposit for a house.
It made me compare two Queensland suburbs, both within commute distance … Read the rest
To answer that we need to define what a Boom is.
From the Cambridge Dictionary: “A housing boom is a time when the price of houses rises quickly“.
From Wikipedia: “A land boom is the rapid increase in the market price … Read the rest
Everyone talks about the average prices of Property in Australia, with prices near $1 million dollars often being thrown around, but are all properties really that high?
The answer is No. It varies in different areas of Australia.
There are many properties at … Read the rest
Some areas of Australia have more property auctions than others, as a percentage of total sales.
The figures below, for property sales during Monday 2nd Sep – Sunday 8th Sep 2019, show the differences for each State or Territory.
Victoria seems to be … Read the rest
The following property prices are split between Established and Attached properties, with prices for each Capital City and the remainder of the State, or Territory.
Real Estate in Australia is not actually very expensive, when compared to wages.
However, most people just want to live in the best places, near the beaches etc., and that pushes up the prices for what they want.
When that happens the demand … Read the rest
Some News Headlines say that Property in Australia will DROP by $60,000 in 2019.
That should scare many owners of property all over Australia and make all new buyers very happy.
BUT..
Should it really SCARE current owners and PLEASE prospective … Read the rest
Median Property Rental costs in Australia have had changes ranging between a drop of 9.1% (House rents in Darwin), and an increase of 11.8% (Unit rents in Hobart), over the 12 months between December 2017 and December 2018.
House: This is generally a freestanding building on its own block of land.
House prices in Hobart grew 8.8% over the year to $479,685.
House prices in Adelaide grew 1.7% over the year … Read the rest
