Archive | May, 2013

twelve month value rise by region

Housing market sentiment remains high, but for how long.

RP Data, together with Nine Rewards, released an update to their housing market sentiment survey this week.  The headline findings showed that housing market sentiment was substantially higher than what it was six months ago, but virtually unchanged from earlier in the year. The survey was conducted across 1,030 respondents who were located across the […]

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US house prices recovering at a faster pace than Australia’s

The US housing market has clearly moved through the bottom of what has been a sustained and severe correction cycle.  Based on data from RP Data’s parent company, CoreLogic (NYSE: CLGX), the US housing market peaked way back in April 2006; between that time and the market trough in February 2012 (70 months), US house […]

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Key messages for the housing market from the Federal budget

Policy makers, including the Reserve Bank and Federal Treasury, are increasingly looking towards the housing market and housing construction to take up some of the economic slack as the economy transitions away from relying on infrastructure spending in the mining sector.  For a sector that seems to be increasingly regarded as the ‘White Knight’ for […]

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Individuals net rental income by income range

There were 1,213,595 individuals with a negatively geared property over the 2010/11 financial year

Last week the Australian Tax Office (ATO) released the taxations statistics for the 2010/11 financial year.  The statistics showed that over the year there were 1,811,174 individuals that owned a rental property.  This was out of 9,416,002 individuals that have a taxable income and 12,637,623 individuals that lodged a tax return. The data indicates that […]

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Who is Bruce Rock and other insights about population growth

Most people wouldn’t have heard of Bruce Rock.  I asked my wife and she thought it might be the name of a rock singer (that’s Kid Rock…).  Bruce Rock is actually a council region located 254 km east of Perth.  According to the Bruce Rock council web site, it’s quite a nice place to visit: […]

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