**25 years of housing trends

Introduction

25年平均价格412% higher。

所以是25年前的5.12倍？

那大概也就是每年涨6.7%？

All Ordinaries index(股票指数) 只涨了261%。

25年前平均房屋价格是571,400。

平均每户每年可以看到$18,400的涨幅。

最大涨幅在墨尔本，每年涨8.1%。墨尔本房屋价格有七个时期每年涨幅超过10%。最近，墨尔本房屋价格在下降，但是长期来看会有爆发。

相反地，最低长期capital gains在阿德莱德和布里斯班。房屋市场的长期增长率各不相同。2001-2004年布里斯班房屋价格每年涨超过10%。长期增长率偏低由于2010年后的缓慢增长率。

平均贷款大小和房屋价值按相同速率增加

• 1993年平均房屋拥有者贷款是$81,500

• 数字现在增加到$388,100

• 1993年ACT的借款者拥有最大的贷款，$97,000

• 最大平均贷款在NSW(400,200）

贷款利率从1993年后显著降低。

• 1990年贷款利率达到创纪录的17%.

• 1993第一季度下降到10%。

The proportion of annual household income required to service

a mortgage (based on a 20% deposit, a 25 year principal and interest mortgage and the average discounted variable mortgage rate) is currently tracking at approximately 36% compared with a recent peak of 51% of annual household

主要收获：

之前，我以为澳洲房价是几乎不动，除非市场比较热，涨幅才会比较快。

比如看ACT这个报告。

看了25年趋势这个文章，才意识到房价总体就是在涨，加上compound rate经过25年真的很可观。

• The housing market has shown some extraordinary changes over the past twenty five years, with conditions moving through five distinct growth cycles which have pushed national median house values 412% higher Over the same period

• the ASX All Ordinaries index has risen by a substantially lower 261%

• While value growth has been remarkably diverse across the country, over such a long period of time, the cyclical differences in value growth and turnover have washed their way through the statistics Each of the capital cities have recorded annual growth in house values ranging from 5.9% to 8.1% over the past 25 years, while regional markets have generally shown a slightly softer outcome

就想做短线的我太在乎短期效益了。比如投资股票也是，不过相比来说，房市真的不用每天盯着，我又不是那种想要每天盯着的人。

• Twenty five years ago the typical house value nationally was just 571,400 The typical Australian property owner who has held their house for the past 25 years would have seen an average dollar value increase of almost $18,400 per annum**