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Dream Home is an Australian reality television series based on the New Zealand series Mitre 10 Dream Home, which premiered on 26 May 2024 on the Seven Network. [1] The series follows state-based teams of two who renovate each other's homes, with the team receiving the highest score winning $100k off their mortgage.
Home ownership in Australia is becoming more exclusive. The ratio of the price of the average home to Australians' average income was at an all-time high in the late 1990s. [12] Young people are buying homes at the lowest rates ever, and changes in work patterns are reducing many households' ability to retain their homes. [13]
In 2013, Selling Houses Australia was the highest rating LifeStyle Channel series and was the number 1 regular program on Pay TV. [5] In its seventh series, which aired in 2014, the show became the highest rating series in Foxtel history, reaching a cumulative average of 603,000 viewers per episode, and "2.6 million unique people, equivalent to ...
As of 2014, privately sold houses in Canberra spent about 34 days on the market, according to RP Data – the second shortest period in the country. Canberra houses sold by private treaty spent the same time on the market as those in Melbourne; a week longer than Sydney, where houses are on the market for an average of 27 days. Privately sold ...
In the late 2000s, housing prices in Australia, relative to average incomes, were among the highest in the world. As at 2011, house prices were on average six times average household income, compared to four times in 1990. [15] This prompted speculation that the country was experiencing a real estate bubble, like many other countries. [16]
There is a growing trend in the housing market, where current home owners are accessing equity in their home to buy multiple properties, they often engage some kind of strategy – whether it be Buy and Hold, [15] Flipping, Renovating for Profit, or some other complicated means to hold and sell properties in an ever-increasing market that can ...
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Rippon Lea in 1880. The Rippon Lea mansion and garden was created for Sir Frederick Sargood, a wealthy Melbourne businessman, politician, and philanthropist. In 1868, Frederick and his wife, Marion, purchased Crown Allotment 253 and either all or part of Crown Allotment 260 in the Parish of Prahran, Elsternwick, giving them a total area of 11 hectares (26 acres) about 8 kilometres from the ...