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6th edition - July 2005 Hi
everyone.
"Jack is back!" If you haven't seen the movie, perhaps you
sleep better at night and therefore shouldn't worry about what I am on
about. It has been a while (the last newsletter was in August 2004 for
the newcomers), but we are back in business updating the website.
So what's to talk about? How about the property market in NSW:
- The average value of a NSW home loan falls to $254,260.
- Average monthly loan repayments fall to $1782.
- Median NSW family income rises to $1129 a week.
- 36.4% of NSW family income spent on home loan repayments.
- Median price of a Sydney house rises to $511,000.
Source: AMP/REIA, for the March quarter
For more on the property market in general and other Aussie related
information, please visit our site again. As always, if you find the
information incorrect or inaccurate, please let me know...I need the help :-)
Regards,
Mark Cumming 
Flagstaff Hill Maritime Museum Complex overlooking Lady Bay, VIC
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