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Source ABS. The Australian property bubble is the economic theory that the Australian property market has become or is becoming significantly overpriced and due for a significant downturn (also called a correction or collapse ). Since the early 2010s, various commentators, including one Treasury official, [1] have claimed the Australian ...
Australian property market. The weighted capital city residential property price index, produced by the Australian Bureau of Statistics, since 2003. 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 ...
Real estate advertising. Revenue. A$ 928 million (2021) [1] Website. www .rea-group .com. REA Group Ltd and its subsidiary companies, known as the REA Group, make up a global online real estate advertising company. REA Group is headquartered in Melbourne, Australia, with subsidiary offices in Wanchai, Hong Kong and Gurugram, India. [2]
LJ Hooker is one of Australia's largest real estate groups, with 600 franchise offices and 6,000 people engaged in residential and commercial property sales and property management. [1] [2] The company was founded in 1928 by Sir Leslie Joseph Hooker and after being sold to a private company for 20 years, the company returned to family hands in ...
Raheen, Kew. / 37.8053°S 145.0167°E / -37.8053; 145.0167. Raheen is a heritage-listed Italianate mansion located at 94 Studley Park Road in the Melbourne suburb of Kew, Victoria, Australia. Built in the 1870s, [2] its name means "little fort" in Irish. Listed on the Victorian Heritage Register on 14 July 1982, [3] Raheen is owned by ...
An Old English -style family home in suburban Sydney. Home ownership in Australia is considered a key cultural icon, [1] and part of the Australian tradition known as the Great Australian Dream of "owning a detached house on a fenced block of land." [1] [2] Home ownership has been seen as creating a responsible citizenry; according to a former ...
An Australian real estate investment trust (A-REIT) is a unitised portfolio of property assets, often listed on a stock exchange such as the Australian Securities Exchange (ASX). Such investment structures were known as listed property trusts ( LPT ) in Australia until February 2008, but were renamed to be more consistent with international ...
Australian public housing (often historically referred to as "Housing Commission") operates within the framework of the Commonwealth-State Housing Agreement, by which funding for public and community housing is provided by both federal and state governments. [2] According to the 2006 census, Australia's public housing stock consisted of some ...
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