Aussie housing stock doubles in value in just 8.5 years!

Wednesday 8 November 2017

CoreLogic’s Cameron Kusher posted an interesting Tweet yesterday showing the dramatic rise in value of Australia’s housing stock, which has doubled in value since April 2009 (including stock additions):

When compared against the size of Australia’s economy, Australia’s housing stick has increased from around 2.9 times GDP in April 2009 to roughly 4.2 times GDP currently.

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.