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Terrace houses in Australia. Row of terraced houses in Middle Park, Melbourne, typical of those in the inner suburbs of Melbourne. Terrace houses in Australia began to be built in early 19th century Sydney, closely based on the models found in London and other UK cities. They soon developed unique features, particularly elaborate balconies, and ...
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 ...
A property bubble is a form of economic bubble normally characterised by a rapid increase in market prices of real property until they reach unsustainable levels relative to incomes and rents, and then decline. Australian house prices rose strongly relative to incomes and rents during the late 1990s and early 2000s; however, from 2003 to 2012 ...
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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 ...
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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