House & Unit Trends
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• Friday, May 06th, 2011
Houses – Advantages Houses – Disadvantages Units / Apartments – Advantages Units / Apartments – Disadvantages
Extra land likely to gain in value More expensive to buy Cheaper to buy Smaller gain when sell
No Body Corporate Fees Responsible for repairs Shared repairs Body Corporate Fees
Variety of sizes Too large for an individual Room for a couple Too small for family
More privacy Provide own security Closer community living Shared walls
Private facilities Provide own facilities Extra facilities Shared facilities
Variety of yard sizes Garden maintenance Easier maintenance Less garden area
Able to renovate Could over capitalise Less renovation costs Restricted renovations
Can keep pets Responsible for pets Pets may be restricted Pets may not be allowed
Quarter Australia House Price Trend Quarlerly Rise and Fall Median Price of Established House Sales ; Australia ; Australia (State) ; Average Loan Size ; Purchase of established dwellings ; Average Bank Variable Mortgage Interest Rate Percentage
Mar-2011 Preliminary Figures Fall -1.70% $478,785   7.79%
Dec-2010 Preliminary Figures Rise 0.80% $487,066 $286,500 7.79%
Sep-2010 Fall -1.41% $483,200 $286,900 7.40%
Jun-2010 Rise 1.70% $490,100 $287,900 6.65%
Mar-2010 Rise 0.84% $481,913 $284,600 6.24%
Dec-2009 Rise 10.27% $477,875 $285,900 5.55%
Sep-2009 Rise 3.06% $433,388 $272,000 5.55%
Jun-2009 Rise 4.25% $420,525 $265,300 5.65%
Mar-2009 Fall -0.09% $403,375 $265,900 7.31%
Dec-2008 Fall -0.55% $403,750 $257,200 9.45%
Sep-2008 Fall -3.47% $406,000 $251,300 9.45%
Jun-2008 Rise 0.83% $420,600 $244,900 9.00%
Mar-2008 Fall -2.03% $417,125 $232,100 8.55%
Dec-2007 Rise 5.46% $425,788 $236,500 8.30%
Sep-2007 Rise 2.10% $403,750 $236,200 8.05%
Jun-2007 Rise 3.43% $395,438 $241,800 8.05%
Mar-2007 Rise 0.20% $382,313 $224,900 8.05%
Dec-2006 Rise 3.54% $381,563 $222,500 7.80%
Sep-2006 Rise 1.92% $368,500 $215,900 7.55%
Jun-2006 Rise 4.72% $361,563 $215,900 7.30%
Mar-2006 Rise 1.11% $345,250 $214,200 7.30%
Dec-2005 Rise 4.27% $341,475 $216,500 7.30%
Sep-2005 Rise 0.52% $327,500 $213,000 7.30%
Jun-2005 Rise 1.90% $325,813 $210,800 7.30%
Mar-2005 Fall -0.21% $319,750 $205,500 7.30%
Dec-2004 Rise 4.57% $320,438 $210,000 7.05%
Sep-2004 Fall -1.13% $306,438 $205,400 7.05%
Jun-2004 Rise 1.28% $309,950 $201,100 7.05%
Mar-2004 Rise 1.44% $306,038 $195,800 7.05%
Dec-2003 Rise 7.31% $301,688 $185,000 7.05%
Sep-2003 Rise 6.44% $281,125 $189,600 6.55%
Jun-2003 Rise 5.70% $264,113 $180,900 6.55%
Mar-2003 Rise 2.65% $249,875 $171,500 6.55%
Dec-2002 Rise 5.77% $243,413 $170,000 6.55%
Sep-2002 Rise 4.31% $230,125 $165,100 6.55%
Jun-2002 Rise 3.52% $220,625 $156,500 6.55%
Mar-2002     $213,125 $155,600 6.05%
           
Source ABS        
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