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  2. Australian property bubble - Wikipedia

    en.wikipedia.org/wiki/Australian_property_bubble

    Sydney and Melbourne have seen the largest price increases, with house prices rising 105% and 93.5% respectively since 2009. These massive increases in house prices coincide with record low wage growth, record low interest rates and record household debt equal to 130% of GDP.

  3. Australian property market - Wikipedia

    en.wikipedia.org/wiki/Australian_property_market

    The median house price in Sydney peaked at $780,000 in 2016. [4] However, with stricter credit policy and reduced interest from foreign investors in residential property, prices have started falling in all the major cities. [5] When compared with the soaring prices of 2017, the housing prices fell by 11.1% in Sydney and 7.2% in Melbourne in ...

  4. Housing in Victoria, Australia - Wikipedia

    en.wikipedia.org/wiki/Housing_in_Victoria,_Australia

    In Melbourne, access to public housing is generally better, but housing and rent are less affordable. Public housing in Victoria is usually provided by departments of the Victorian state government and operates within the framework of the Commonwealth-State Housing Agreement, by which funding for public housing is provided by both federal and ...

  5. Refinance rates for Friday, December 27, 2024 - AOL

    www.aol.com/finance/mortgage-and-refinance-rates...

    Accessed December 9, 2024. Consumer Price Index Summary, U.S. Bureau of Labor and Statistics. Accessed December 12, 2024. Producer Price Index News Release summary, U.S. Bureau of Labor and ...

  6. 7 Affordable Places To Buy Property Before 2024 Ends - AOL

    www.aol.com/7-affordable-places-buy-property...

    Tampa, Florida “Florida, in general, can be risky right now, as home prices are dropping in certain areas. Tampa has a strong market though,” Fortune said, noting that the average Tampa home ...

  7. 2024 in Australia - Wikipedia

    en.wikipedia.org/wiki/2024_in_Australia

    The bodies of two men, a woman and a teenage boy are discovered at a property in the Melbourne suburb of Broadmeadows. [392] Police say they don't believe the deaths to be suspicious. [392] 57-year-old former Jetstar pilot Greg Lynn is found guilty by a jury of murdering 73-year-old Carol Clay in Victoria's Wonnangatta Valley in 2020. [393]

  8. Home ownership in Australia - Wikipedia

    en.wikipedia.org/wiki/Home_ownership_in_australia

    In Melbourne, for instance, one early observer noted that "a poor house stands side by side with a good house." [2] There are significant regional differences in rates of homeownership around Australia, reflecting average age differences (e.g., older age people tend to own houses more than younger people), as well as socio-economic differences. [7]

  9. Melbourne - Wikipedia

    en.wikipedia.org/wiki/Melbourne

    At this time, more new jobs were created in Melbourne than any other Australian city—almost as many as the next two fastest growing cities, Brisbane and Perth, combined, [83] and Melbourne's property market remained highly priced, [84] resulting in historically high property prices and widespread rent increases. [85]

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