Residential real estate reaches $6.7 billion while capital gain remain strong: CoreLogic

Residential real estate reaches $6.7 billion while capital gain remain strong: CoreLogic
Residential real estate reaches $6.7 billion while capital gain remain strong: CoreLogic

Residential real estate wealth has reached $6.7 trillion, according to CoreLogic.

This is followed by Australian superannuation worth $2.1 trillion, Australian listed stocks worth $1.7 trillion and finally commercial real estate reaching $0.88 trillion.

Click to enlarge

Residential real estate reaches .7 billion while capital gain remain strong: CoreLogic

Capital gain has slowed compared to September 2010 when it was at its peak, however it is still remaining strong with capital gain from dwelling at seven percent. The median price for homes is at $600,000 while for units it is $510,000.

Click to enlarge

Residential real estate reaches .7 billion while capital gain remain strong: CoreLogic

Darwin and Perth continue to experience a decline in capital gain while other capital cities continue to grow. Darwin has declined by six percent while Perth has declined by seven percent.

Click to enlarge

Residential real estate reaches .7 billion while capital gain remain strong: CoreLogic

Tags: 
Property market Corelogic

Comments

Be the first one to comment on this article
What would you like to say about this project?