Lost your White Card? Click here to get a replacement. It's quick and easy!

Date PostedFebruary 27, 2015

Sydney Housing Market Strongest in Australia

While many experts predict that housing price growth will ease in the near future from the recent boom, Sydney is one of the areas around the country where the housing market will remain high. In fact Sydney’s housing market prices are the highest in the country.

The value of homes in the capital cities increased by 0.3 per cent in February seasonally adjusted, according to the RP Data-Core Logic Home Value Index. This was lower than January when it grew 1.3 per cent but it is still high compared to other parts of the country.

Currently Sydney is the strongest market with prices up 13.7 per cent in the 12 months to February which makes it the highest growth in the country. The growth is Melbourne is almost half the value of Sydney’s.
People looking to buy new homes in other parts of Australia can breathe easy with high prices cooling slightly however in Sydney the median house price has passed three quarters of a million. Buying a flat in Sydney will cost Australians more than half a million.

In an article on Sourceable.net, RP Data research director Tim Lawless was quoted as saying that a bleaker looking economy combined with declining housing affordability may result in lower interest rates but may not give the housing sector the boost it normally would.

The article also mentioned how an increasing supply of new housing was evident in figures released by the Housing Industry Association (HIA). According to HIA figures, new 2home sales grew by 1.8 per cent in January this year.
The number of flats, townhouses and semi-detached homes sold also rose in January by 9.9 per cent, house sales rose only 0.1 per cent.

The following figures from the article on Sourceable.net detail the percentage growth for the capital cities in the year to February:

Sydney – up 13.7pct to $680,000
Melbourne – up 7.4pct to $515,000
Brisbane – up 5.9pct to $452,200
Adelaide – up 3.4pct to $410,000
Canberra – up 1.8pct to $510,000
Darwin – up 1.6pct to $530,000
Hobart – up 0.7pct to $336,500
Perth – up 0.6pct to $510,000

– See more at: http://sourceable.net/sydney-house-prices-highest-in-the-nation/#sthash.t3JVqLzx.dpuf

Workers in Sydney and other states and territories can work across borders due to the nationally recognised White Card. Even more good news for these workers is that they can register and complete the course online and receive their nationally accredited White Card in just a few days in the mail. All the fuss and hassle of completing face-to-face training has been done-away with by the new online training and it costs a lot less than traditional training.

Steven Asnicar is regarded as a leader across many fields of industry. In particular, his specialisation across the health, infrastructure, construction, resource and utility sectors has seen him successfully change the dynamics of these industries through the introduction of new strategic, marketing, training and technical frameworks. Steven works closely with industry peak bodies such as Safework Australia, Australian Logistics Council, National Advisory for Tertiary Education, Skills and Employment (NATESE) and the Council of Australian Governments in the development of new delivery standards and industry specific programs.

Posted in General Construction, White Card, White Card Construction Site Safety Articles

Urban E-Learning is not registered with CRICOS, therefore cannot offer training to student visa holders; please click here to see the UEL Student Handbook for further information.