1370.0 - Measures of Australia's Progress, 2010  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 15/09/2010   
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Housing

Private investment in dwellings(a)
Graph Image for Private investment in dwellings(a)

Footnote(s): (a) Values are in 2007-08 prices. Year ending 30 June.

Source(s): ABS Australian System of National Accounts, 2008-09 (cat. no. 5204.0)

INVESTMENT IN DWELLINGS

Australians continue to hold significant investments in land and housing. In the 10 years to June 2009, around $648 billion (in 2007-08 prices) in real terms was invested in Australian dwellings (excluding land), an increase from $447 billion in the 10 years up to 1999.

Land and houses remain by far the most significant private asset owned by the majority of Australians, representing 57% of the total value of all assets owned by the household sector at 30 June 2009.

RELATED PAGES

  • Housing glossary
  • Housing references

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