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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.
Home ownership in Australia decreased to 67% in 2011, the lowest level in over 50 years. Tasmania has the highest home-ownership rate at 70%, and the Northern Territory the lowest at 46%. [5] As of the 2016 Census, home ownership in Australia had decreased to 65%. [11]
The Domain Group is best known for its real-estate portal domain.com.au, which is Australia's second largest real-estate marketing business, with 90% market penetration. [14] It competes directly with market leader REA Group, running real-estate.com.au, which is majority-owned by Nine rival News Corp Australia. [15] [16]
Charlotte’s apartment rental market is ending on an interesting note as the year comes to a close.. Apartment vacancy rates sat at a high of about 12.7% at the beginning of December, according ...
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Belmont is a former mill village located east of Uptown, bordered by N. Davidson St., Parkwood Ave, 10th Ave, and Hawthorne St.; College Downs is a John Crosland Co./Ryland developed subdivision of tract-built and customized homes located directly across from UNC Charlotte in the University City/Newell-South district, and bordered by Old Concord Rd. to the east, University City Blvd. (Hwy. 49 ...
The Line is a development currently under construction composed of a 16-story office building in South End Charlotte, North Carolina, which stands at a height of 212 feet (65 m) [2] The second building 2161 Hawkins is currently under construction, a 24 story apartment tower called Linea [3] being developed by Portman Residential with 370 units along with 18,700 square feet (1,737 m 2) of ...
A real-estate bubble is a form of economic bubble normally characterised by a rapid increase in market prices of real property until they reach unsustainable levels relative to incomes and rents, and then decline. Australian house prices rose strongly relative to incomes and rents during the late 1990s and early 2000s; however, from 2003 to ...