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Australian property market. The Australian property market comprises the trade of land and its permanent fixtures located within Australia. The average Australian property price grew 0.5% per year from 1890 to 1990 after inflation, [1] however rose from 1990 to 2017 at a faster rate. House prices in Australia receive considerable attention from ...
The building, originally known as Lawson Flats, is an eleven-storey art deco apartment block, constructed in 1937, by the Colonial Mutual Life Assurance Society. [1] [2] [3] It included a restaurant and a private club, the Perth Club, at the lower three floors and apartments above. The building was designed by Sydney architects Hennessy ...
The average weekly price for a rental in Australia is $570 per week. Units are typically cheaper, at a national median of $540 vis-a-vis houses at $582. [3] Rental prices grew nationally by 10.1% between 2022 and 2023; substantially higher than the annualised CPI rate of 7% for the period. [3] [5] Vacancy rates are historically quite low, at ...
Peet Limited (ASX: PPC) is an Australian real estate development company focused on creating masterplanned residential communities and medium density and apartment developments for homebuyers across Australia. The group has operations in Western Australia, New South Wales, Victoria, Queensland, South Australia, ACT and the Northern Territory.
The western suburbs (also known as the golden triangle) [ 1] are an informally defined group of suburbs of Perth, Western Australia, located west of the city's central business district and north of the Swan River. The western suburbs are well known for high incomes, high house prices, riverfront mansions, private schools and proximity to ocean ...
According to the 2006 census, Australia's public housing stock consisted of some 304,000 dwellings out of a total housing stock of more than 7.1 million dwellings, or 4.2% of all housing stock [3] (compared with 20% in Denmark, 46% "low rent housing" in France and 50% public housing in the UK at peak). [citation needed]
Commercial real estate has beaten the stock market for 25 years — but only the super rich could buy in. Here's how even ordinary investors can become the landlord of Walmart, Whole Foods or Kroger
There are more than 350 [citation needed] suburbs in the Perth metropolitan region (colloquially known as Perth, the capital city of Western Australia) as of 2021. The name and boundary of a locality (commonly referred to as a suburb in the metropolitan region [according to whom?]) is determined under the authority of the Minister of Lands in Western Australia, and form an official component ...
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