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Q: Real eastate prices in Victoria Australia ( No Answer,   1 Comment )
Question  
Subject: Real eastate prices in Victoria Australia
Category: Business and Money > Economics
Asked by: sandan-ga
List Price: $50.00
Posted: 03 Apr 2003 01:43 PST
Expires: 08 Apr 2003 18:20 PDT
Question ID: 185325
Which Victorian suburbs have had a 10% growth in retail values for the
past 10, 20 and 30 years?

Request for Question Clarification by pafalafa-ga on 03 Apr 2003 08:41 PST
The answer may well be: almost all of them!  

As xarqi points out in the comment, below, there are a number of
different ways your question can be interpreted.  However, real estate
values throughout Victoria have more or less doubled (a 100% increas)
in just the past few years in all suburbs, with a few exceptions such
as Parkdale or Wheelers Hill.

I can give you median price information, and overall percent change in
real estate values, for any suburb in Victoria *for recent years*
(1998 onwards).  But I have not yet found any historical information
going back several decades.

Let me know if the information I have is suitable as an answer to your
question.

pafalafa-ga

Clarification of Question by sandan-ga on 03 Apr 2003 16:40 PST
To start with I would be happy to accept only suburbs of Melbourne and
focus on residential properties. I would like to know which suburbs
grew at 10% or above, based on median values,in all 10 year periods
from 1993-2003, 1983-1993, 1973-1983, or around those time frames but
still in 10 year blocks. I am able to gain data from 1998-2003 through
the REIV but need to go back further than such a short time period.

Clarification of Question by sandan-ga on 03 Apr 2003 16:42 PST
The growth rate is the average growth over each year.
Answer  
There is no answer at this time.

Comments  
Subject: Re: Real eastate prices in Victoria Australia
From: xarqi-ga on 03 Apr 2003 03:13 PST
 
While not competent to tackle this question, I believe that some
clarification may be required by those who are:
Since Victoria is a state, it does not properly have suburbs.  Do you
want information for the suburbs of all Victorian cities, or just
Melbourne?
By growth in retail values, do you mean just for commercial (retail)
property, or perhaps property in general?
By 10% growth, do you mean 10% *per annum* over each of the terms, or
10% total over each of the terms?

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