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
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.
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
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
Median Property Prices have risen in NSW during 2018, in many regions, while Sydney has tended to be the main focus of the Price Drop headlines.
According to the Median house price data from the Domain House Price … Read the rest
In 2018 there were many news articles about the Austrian Property Value Crash, with numbers such as 30% and 40% being mentioned as the drop expected.
A recent example of the 2018 Australian Property value CRASH is this headline:
Australian housing market … Read the rest
Hobart had the largest property price rise for the last 12 months of 9.3%. This took the median price up to $451,039 from $445,655 in October 2018.
This was followed by Canberra with a rise of 4.0%, taking the median … Read the rest
Hobart had the largest property price rise for the last 12 months of 15.2%. This took the median price up to $445,655.
This was followed by Canberra with a rise of 9%, taking the median price to $589,415.
Adelaide was … Read the rest
While Sydney and Melbourne house prices are falling, Brisbane region houses are still rising in price.
Greater Brisbane has seen a 2.2% rise for the year, to a median price of $567,376 for houses.
Ipswich has seen a 5.8% rise to $386,250.
However, the … Read the rest
