Yawn. Yes, reading about tax stuff is, well…like watching paint dry. No, much worse. So, I will keep this short and sweet.
I keep on reading about falling household sizes. More and more of us, apparently, are living alone. True, many of us might be lonely but living solo. I wonder.
Strong lift in house sales. Attached dwelling sales now falling. House values are still rising, with attached values now falling. The median house sale value is $513,000 and the median attached dwelling sale value is $399,000
Sales volumes continue to rise. Both house and attached dwellings values are rising. The median house sale value is $770,000 and the median attached dwelling sale value is $564,000
Sales volumes are now falling. Both house and attached dwellings values are rising. The median house sale value is $1,134,000 and the median attached dwelling sale value is $720,000.
A couple of weeks back the OECD poked a stick at us. Again. You know the drill – high/growing debt; limited housing affordability; exposed banking sector…
Contrary to what most commentators say about the new housing market, almost all locales have an excess of new housing supply when compared to underlying demand.
Measurement again. But here, I am talking about capital growth. A statistic recently caught my eye. There is a backstory, but I won’t bore you with it.
Here are some key employment statistics: Our capital cities now attract 81% of Australia’s job creation growth. This was about 60% ten years ago.
A few weeks back we outlined just how unaffordable detached houses have become in our capitals. Our aim of that Missive was to illustrate what affordable detached house prices would look like…