Tuesday, March 09, 2010

Australian house prices vs disposable incomes

InsideStory followers,

This is a short but excellent quarterly report from RP Data.

There are 2 graphs that will be of interest and also some detail regarding rental yields for Investors to keep abreast of what the market is doing.

Here is an extract...."Australian house prices are around 4.1x disposable incomes, which is where they have been for the last six years".

Home Value Index 26 Feb 2010 (pdf)

Enjoy the read,





Anthony Toop, Managing Director.


www.toop.com.au


© Toop Real Estate Group

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