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Tuesday, 10 October 1972
Page: 2365


Mr Whitlam asked the Minister for

Immigration, upon notice:

What are dates and details of the information in his Department's latest housing booklet on the average prices for blocks of home building land at various distances from the State capitals.


Dr Forbes - The answer to the honourable member's question is as follows:

The information about prices for blocks of home building land in the latest edition of the booklet 'Housing in Australia' produced by the Department of Immigration - (British edition published in May 1972, No. 39) is based on material published in the December 1971 issue of a quarterly bulletin prepared by the Commonwealth Banking Corporation for use by its Financial and Migrant Information Service overseas. The text was prepared in December 1971 and the booklet reminds readers in 6 places that the information (including details about prices for blocks ofland) is based on information as at December 1971. The prices given are as follows:

SYDNEY

Within 5 miles of the city - Very little vacant land available. Prices range from$A10,000 (£4,600) in older areas to$A40,000 (£18,400) in harbour suburbs. Good positions usually exceed $A25,000 (£11,500).

From 5 to 10 miles out- From$A12,000 (£5,520) to$A35,000 (£16,100). Limited vacant land available.

From 10 to 15 miles- From$A8,500 (£3,910) to $A30,000 (£13,800). Limited land available.

More than 15 miles- From$A5,000 (£2,300) to $A10,000 (£4,600).

MELBOURNE

Within 5 miles of city- From $A 10,000 (£4,600) to $A20,000 (£9,200). Very limited number of blocks available; select areas from$A20,000 (£9,200) to$A50,000 (£23,000).

From 5 to 10 miles out- From $A7,500 (£3,450) to$A15,000 (£5,900) (eastern and south-eastern suburbs), $A4,500 (£2,300) to $ A 10,000 (£4,600) (northern and western suburbs).

From 10 to 15 miles- From $A4,000 (£1,840) to$A10,000 (£4,600) (eastern and southeastern suburbs), from $A4,000 (£1,800) to $A6,000 (£2,760)) (northern and western suburbs).

More than 15 miles- From $A3,000 (£1,380) to $A4,500 (£2,070) (northern and western suburbs).

BRISBANE

Within 5 miles of city- Number of blocks available negligible.

From 5 to 10 miles out- From$A2,200 (£1,012) to$A9,000 (£4,140). Bulk of new residential development lies in this radius.

From 10 to 15 miles- From $A 1,800 (£828) to $A3,500 (£1,610).

More than 15 miles- From$A1,500 (£690) to $A2,500 (£1,150).

Note - Blocks in coastal areas generally are higher-priced.

ADELAIDE

Within 5 miles of city- From$A5,500 (£2,530) to $A12,000 (£5,520). Inner suburban lots becoming scarce.

From 5 to 10 miles out- From $A2,500 (£1,150) to $A10,000 (£4,600).

From 10 to 15 miles- From $A2,000 (£920) to $A3,000 (£1,380).

More than 15 miles- From $ A 1,500 (£690) to $A2,500 (£1,150). Highest along beach frontages.

PERTH

Within 5 miles of city - Very limited land available. Prices up to$A20,000 (£9,200).

From 5 to 10 miles out - Most popular blocks $A4,000 (£1,840) to $A7,000 (£3,320). Slightly cheaper blocks may not be fully serviced.

From 10 to 15 miles- From $A2,700 (£1,100) to$A5,000 (£2,300), mainly along arterial roads, Darling Ranges and new coastal subdivisions.

More than 15 miles- From $A2,500 (£1,150) in outer districts to $A9,000 (£4,140) for select blocks in holiday resort areas.

HOBART

Within 5 miles of city- From $A2,500 (£1,150) to$A 10,000 (£4,600). Limited land available.

From 5 to 10 miles out- From $A 1,500 (£690) to $A5,000 (£2,300).

From 10 to 15 miles- From $A600 ; £276) to $A2,000 (£920).

More than 15 miles- From$A400 (£184) to $ A 1,800 (£828) (outside suburban area).







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