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The average Australian property price grew 0.5% per year from 1890 to 1990 after inflation, [1] however rose from 1990 to 2017 at a faster rate. House prices in Australia receive considerable attention from the media and the Reserve Bank [2] and some commentators have argued that there is an Australian property bubble. [citation needed]
Government House, Canberra, residence of the Governor-General of Australia in Canberra; Admiralty House, Kirribilli, residence of the Governor-General of Australia in Sydney; The Lodge, Canberra, residence of the Prime Minister of Australia in Canberra; Kirribilli House, Sydney, residence of the Prime Minister of Australia in Sydney
In Melbourne, for instance, one early observer noted that "a poor house stands side by side with a good house." [2] There are significant regional differences in rates of homeownership around Australia, reflecting average age differences (e.g., older age people tend to own houses more than younger people), as well as socio-economic differences. [7]
The closing (also called the completion or settlement) is the final step in executing a real estate transaction.It is the last step in purchasing and financing a property. [1]
In general, a checklist is a quality management tool, an aid to completing a complex task correctly and completely. It is an aid to recall, provides a reminder of the correct sequence, and uses the operator's knowledge and skill efficiently to ensure that no critical steps are omitted, even when the operator is under stress or has degraded attention due to fatigue or other distractions, It ...