澳洲Australia property RP Data stats growth 2000 to 2010 houses


在澳大利亚 The pool at of an IP needs to be resurfaced (or so the pool doctor says), the cost was estimated to be $10K ($10,000), after recoverying from my impresssion of a cat coughing up a fur ball, it just seems far too much. Its just a standard poo I need some advice regarding a property purchase. Property - semi-detached house Bedrooms - 2 Condition - average needs internal reno to modernise Street - one of the best in suburb Location - excellent Close to schools - yes Transport - 50m


Here are some RP Data stats on capital city median growth rates for houses from 2000 to 2010.

Feel free to put your two bobs worth in..

The figures below are based on median price growth rates for houses.

Adelaide - peaked Apr 08 $370K and Apr 10 $400K - Adelaide may have growth potential based on underlying wage levels and population growth.

Brisbane - peaked Mar 08 $450K and Feb 10 $465K - Brisbane may have peaked. However the resource industry may push along wages and population growth in this 2 speed economy.

Canberra - peaked Apr 08 $480K and Oct 10 $550K - With respect to wage levels and population growth Canberra appears to be still growing. But how long can this last?

Darwin - peaked Apr 08 $425K and Oct 08 $540K - continues to grow and the Resource industry will drive incomes and population growth.

Hobart - peaked Jan 08 $300K and Aug 10 $345K - Are there enough retirees migrating to Tasmania to affect population growth and incomes?

Perth - peaked Oct 07 $485K and Feb 10 $505K - may have reached threshold of affordability at $485K in Oct 10. However the resource industry may push along wages and population growth in this 2 speed economy.

Melbourne - peaked Mar 08 $410K and Mar 10 $505K - may have reached threshold of affordability. The artificial stimulus has ended and now it is time for market consolidation.

Sydney - peaked Apr 04 $530K, Mar 08 at $520K and Mar 10 at $590K - may have reached threshold of affordability at $590K in Oct 10. The artificial stimulus has ended and now it is time for market consolidation.

Yes Sydney peaked in April 2004 at $530,000 and the last peak was March 2010 at $590,000. An increase of $60,000 over 6 years. What can that tell you about affordability??


cheers  

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my interpretation of the above data is that the most affordable places to live are Adelaide and Brisbane (have discounted hobart bc few people would move there).......so people feeling they are priced out of sydney/melbourne/darwin/perth may consider interstate migration to the other 2 capital cities ??? assuming equal ability to get employment and maintain standard of living ?  

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johntaps said: ↑
Yes Sydney peaked in April 2004 at $530,000 and the last peak was March 2010 at $590,000. An increase of $60,000 over 6 years. What can that tell you about affordability??Click to expand...
We are tickling the Peak Debt threshold here I expect.  

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