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Some interesting property numbers

The HIA recently released their Windows on Housing report which highlights some interesting property related numbers.

Here’s a few:

  • After inflation, capital city houses increased by 7% over the past 12 months, 13% in the past five years, and 27% over the decade. (RP data)
  • Stamp duty on a median-priced dwelling is $24,100 in Victoria, or 5.0% of the purchase price and $19,200 in NSW, which is 3.6% of the price. (HIA analysis of state revenue office data)
  • Number of homes built in Australia last year 167,947
  • Number of people in new homes each year 434,788
  • Total value of housing construction ($ billion) 69.9
  • People employed in housing & construction 1,037,412

 More facts and stats:

HIA Window on Housing



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About

Michael is a director of Metropole Property Strategists who help their clients grow, protect and pass on their wealth through independent, unbiased property advice and advocacy. He's once again been voted Australia's leading property investment adviser and his opinions are regularly featured in the media. Visit Metropole.com.au


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