Residential real estate wealth worth $6.6 trillion

Residential real estate wealth worth $6.6 trillion
Staff ReporterAugust 16, 2016

The value of residential real estate in Australia is worth a total of $6.6 billion according to CoreLogic's Housing Market and Economic Update for August 2016.

Australians have an outstanding mortgage debt of $1.6 trillion, with the gross value of sales per annum at $281.1 billion.

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