The ABS reported on Friday that the total value of residential land was $3.433 trillion as at June 2014 up 13.7% year-on-year
Cameron Kusher
CoreLogic
The ABS reported on Friday that the total value of residential land was $3.433 trillion as at June 2014 up 13.7% year-on-year. Earlier in their June 2014 residential property price index release they reported that the total value of residential dwellings was $5.196 trillion up 10.5% year-on-year. This suggests that the land component is worth around 2/3 of the total value of dwellings nationally.
Never miss an update
Enjoy this wire? Hit the ‘like’ button to let us know.
Stay up to date with my current content by
following me below and you’ll be notified every time I post a wire
Cameron Kusher
Analyst
CoreLogic
Expertise
No areas of expertise
Cameron Kusher
Analyst
CoreLogic
Expertise
No areas of expertise
Comments
Comments
Sign In or Join Free to comment