Category: Property
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Million Dollar Properties in Australia
What type of Property does a Million Dollars buy you in Australia?
The headlines are showing that the Median Sydney property prices are around $1,000,000 in 2015-2016. What exactly do you get for $1,000,000 in Sydney, and how does that… Read the rest
What type of Property does a Million Dollars buy you in Australia?
The headlines are showing that the Median Sydney property prices are around $1,000,000 in 2015-2016. What exactly do you get for $1,000,000 in Sydney, and how does that… Read the restMedian Property Price Changes 2010 to 2015 in Australia
Australian Median Property Price Changes 2010 to 2015
Have Australian property prices really risen as fast as some headlines say? How do property price rises compare to wage increases? Figures from realestate.com show the changes in median property prices in… Read the restTemporary Resident Home Loans
Home Loans for Australian Temporary Residents
As a general rule, where one applicant is a Temporary Resident the maximum LVR is 80% so a 20% deposit is required before the banks will consider a home loan application from a Temporary… Read the restHome Loans for Australian Temporary Residents
As a general rule, where one applicant is a Temporary Resident the maximum LVR is 80% so a 20% deposit is required before the banks will consider a home loan application from a Temporary… Read the restSydney median house price now $1,017,500 at July 2015
What can you buy in Sydney for the Median House Price
The median House Price for Greater Sydney is $1,017,500, as at July 2015 This is above twice the Median House Price for the whole of Australia, which stands at… Read the restAustralia has Largest Floor Space per Person for New Residential Properties
Floor Space per person in 2009 for New Residential Properties
89 sqm Australia 77 sqm USA 72 sqm Canada 65 sqm Denmark 55 sqm Germany 45 sqm Greece 43 sqm France 39 sqm Sweden 35 sqm Japan 35 sqm Spain… Read the restFloor Space per person in 2009 for New Residential Properties
89 sqm Australia 77 sqm USA 72 sqm Canada 65 sqm Denmark 55 sqm Germany 45 sqm Greece 43 sqm France 39 sqm Sweden 35 sqm Japan 35 sqm Spain… Read the restStamp Duty on Australian House Purchase
Australian Property Stamp Duty Rates at July 2015
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. Examples of the differences on Stamp Duty… Read the restSydney House Prices 2002 to 2014
The median values of Freestanding Houses in Sydney between 2002 and 2014
The Australian Bureau of Statistics show that the Sydney Median House price has risen from $365,000 in March 2002 to $702,000 in March 2014. This is a rise… Read the restMedian Income and House Prices Australia. 1984 and 2012
A comparison between 1984 and 2012, showing how median family incomes and median house prices have risen, during those 28 years.
1984 Australian Property values
The above chart converted to a spreadsheet:
Ratio
City
City Property Value
State Median Income… Read the rest
A comparison between 1984 and 2012, showing how median family incomes and median house prices have risen, during those 28 years.
1984 Australian Property values
The above chart converted to a spreadsheet:
Ratio
City
City Property Value
State Median Income… Read the rest
1984 to 2012 Changes in Australian House Prices
1984 to 2012 Changes in House Prices:
Perth has been the fastest growing City for median house prices during the 28 years from 1984, with an average increase of 8.36% per year, while Adelaide in South Australia has been the… Read the rest
First Home Owners Grant Victoria
First Home Owners Grant, Victoria, Australia
If you are buying or building a new home valued up to $750,000, you may be eligible for the First Home Owner Grant (FHOG) of up to $10,000. If you are buying or building… Read the restHouse Prices UK – Australia 2013
Time to revisit the House Price comparison between our two countries again.
Using figures from the ABS and the BBC, I have calculated some ‘interesting’ housing cost comparisons:
Cost of Detached Houses by Square Metre of living space:
UK Detached… Read the rest
Mortgage Costs as a Percentage of Income in 2013
Mortgage Costs as a Percentage of Income, for 362 cities in various countries around the world, in a 2013 report.
The following figures are from a report that I first looked at in 2010, and the figures for that year… Read the rest
Average Price of Detached Houses in Australia
In the quarter ended June 2012, the average price of a DETACHED residential dwelling for each of the Capital Cities was:
$605,200 Sydney with 10,114 sales
$480,000 Melbourne with 11,638 sales
$437,000 Brisbane with 5,792 sales
$385,000 Adelaide with 3,713… Read the rest
Mortgage Payments v Income
Many times I have people saying that the cost of accommodation in Australia is very very high, and that many people have to pay a lot more than one third of income for their property rent or mortgage.
This question… Read the rest
Average New First Home Buyers Mortgage Value in Australia
Average New First Home Buyers Mortgage Value in Australia
According to the Australian Bureau of Statistics: 5609.0 – Housing Finance Report, there were 9,215 new mortgages arranged for first home buyers in October 2012.
The average value of these mortgages… Read the rest
Property Rental Increases in 2011 in Australia
Figures released by RUN Property on Saturday 11th February 2012 showed that Sydney rents had risen by an average of 7.4% taking the average Sydney rent to $545 a week in 2011.
In Brisbane however, rents rose by an average… Read the rest
House Prices Queensland Postcode 4165
Last 6 months House sales in Postcode 4165, Queensland
Median and average property prices are always interesting to many people, including myself. I checked my area today, for the last 6 months sales, and came up with the following figures:… Read the rest
Average House Prices in Britain September 2011
Average house prices in the South East of England for the quarter ended September 2011 were:
£454,676 Detached (about A$700,00)
£255,491 Semi-detached
£208,272 Terrace
£165,890 Flat
Average prices for Greater London were:
£810,234 Detached (about A$1,250,00)
£468,533 Semi-detached
£479,684 Terrace… Read the rest
House Price to Income Ratio UK and Australia
A Property Price Index, for 2011, shows the following House Price to Income Ratios for selected British and Australian locations.
City
Country
Ratio
Bath
UK
20.03
London
UK
15.08
Sydney
Australia
10.52
Bristol
UK
10.07
Melbourne
Australia
8.71
Cambridge
UK… Read the rest