The 7 must-know numbers of the week

The 7 must-know numbers of the week
Cassidy KnowltonDecember 8, 2020

The record-setting price for a Surry Hills warehouse conversion that sold to a McMahons Point couple. It eclipsed the previous record Surry Hills warehouse sale of $4 million.

 


The capital growth for house prices in Moranbah during 2011. Hotspotting.com.au director Terry Ryder says there will be further price growth in the Queensland mining town, but believes that the best time to buy was 18 months ago before the growth in prices and rents gathered pace.

 


 

The combined mortgage lending books of the major four banks. The combined mortgage books of all 56 Australian banks is $1.27 trillion, so the big four certainly have the lion's share.


The increase in median dwelling prices in Arncliffe during 2011. Arncliffe leads Sydney suburbs on RP Data's list of hotspots. 

 


The housing challenge offered by Rismark International director Christopher Joye to American GMO founder Jeremy Grantham. Grantham seems to be tiring of the argument but maintains that Australia's housing price bubble is going to bust. Joye invites him to put his money where his mouth is and "short" the Aussie property market.

 


The number of apartments planned for the controversial redevelopment of the Double Bay Ritz Carlton/Stamford hotel. The site is back on the block, with Kevin McCabe’s Scarborough Pacific Group listing the residential high-rise development prospect.

 


 

The increase in Melbourne house prices in February 2012, according to RP Data's new hedonic daily housing price index. Dwelling prices were up 0.8% in February across all capitals. 

 

 

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