The Australian Bureau of Statistics (ABS) released its monthly housing finance numbers for October this week which provided some interesting reading. Broadly speaking, the results are split by investment finance commitments and owner occupier commitments. For the owner occupier commitments the ABS publishes data which shows both the volume and value whereas for investment they [...]
Archive | December, 2011
Property values down, retail struggling, Europe in debt, but our economy continues to grow
It seems there has been a raft of bad news of late with property values falling, limited growth in housing finance, lower levels of consumer confidence, limited retail activity, low levels of housing construction and Europe in the midst of a debt crisis. However, despite all the bad news stories, the Australian Economy has continued [...]
154 capital city suburbs with a median house value under $300,000
There are plenty of affordable housing options across Australia’s capital cities; in fact there are 154 suburbs where the median value of a house is less than $300,000. Adelaide suburbs comprise the majority of these ‘uber’ affordable locations, comprising 28% of the list. Brisbane suburbs rank a close second at 24% of all capital city [...]
- Dispelling the myths about our new Index methodology
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Negative gearing and its impact on the housing market
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There were 1,213,595 individuals with a negatively geared property over the 2010/11 financial year
