Average House Prices in Australia The typical Australian house is detached and has a garden. Apartments and row houses are commoner near the centres of cities but detached houses still predominate in most areas. When you take wages into account, Australia’s house prices are high compared with m...
To further put this in perspective, over the last two decades, house prices across Australian states and territories have persistently increased with an annual average of over 10 percent in all capital cities. For instance, Melbourne, Perth, and Brisbane have witnessed an annual rise of approximate...
In this research we forward several reasons why Australia's house prices are unlikely to succumb to the price falls experienced in the US, UK and Europe generally. Based on historical and current data the paper provides a comparative analysis of the determinants of house prices in Australia and...
Policymakers have ruled out a near-term rate cut, wary that consumption could pick up more than expected as real incomes turn positive thanks to the government's sweeping tax cuts in July, giving average wage earners an extra A$1,500 a year. House prices have also been hitting record hi...
Welcome to Australian Guest House - Sandhu Hotels (HK) Limited, where luxury meets affordability in the heart of Hong Kong. With an average price of just $52 per room, our hotel offers unbeatable value for travelers seeking comfort, convenience, and savings. Compared to the average price of ...
Established House Transfers – Sydney Single Male Full Time Income YearMedian PriceAverage IncomeRatio 2012$640000$809227.9 2013$745000$816769.1 2014$816000$873659.3 2015$915000$8903410.3 2016$985500$8895111.1 2017$1030000$9194611.2 2018$940000$9400610 ...
house price indexSeasonality has long been documented in the context of equity market returns, but only recently has been tested for in the residential real estate market. This paper argues, in line with the previous research in this area, that no month should, on average, demonstrate superior...
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As for other financial services providers, their average returns and volatility are higher than that of banks and insurance companies (except AMP, FRG, and PPT). The returns of banks and insurance companies are negatively skewed (except ANZ and BEN). On the other hand, the other financial ser...
Esther Yong, director of Chinese portal ACProperty, said the majority of average buyers are looking at properties priced between 500,000 to 800,000 AU dollars (about 361,000 to 577,000 U.S. dollars). "A lot of people think they just walk up with suitcases of money, but that doesn't...