Silver Stackers logo

Silver Stackers

Discussion forum for those
who love to stack precious metals

You are not logged in.

Announcement

Forum registration is temporarily disabled due to a spam attack.
  • Index
  • » Bullion Baron
  • » Bullion Baron: Australian Houses Priced in Gold / Silver Ounces (2015)

#1 2015-08-30 03:33:45

Bullion Baron
Silver Stacker
From: Adelaide
Registered: 2009-09-14
Posts: 7,258
Trades :   139 
Website

Bullion Baron: Australian Houses Priced in Gold / Silver Ounces (2015)

61_bullion_baron_header_ss.gif

Every 12 months I have been updating the data I keep on Australian house prices measured in ounces of Gold and Silver. Here is the latest update which takes us through to July 2015 (inclusive).

Data for house prices is via Residex (median house price indices).

Data for Gold and Silver prices is via Perth Mint (bid average AUD).

I have added Perth and Adelaide house price charts to the mix this year, but note the time frame is different to Brisbane, Sydney and Melbourne (due to limitations on available Residex data).

Key Figures... See Figures & Charts

CONTINUED: Australian Houses Priced in Gold / Silver Ounces (2015)

Offline

The following 4 users say thank you for this post: mmm....shiney!, yurana, SpacePete, mschif

#2 2015-08-30 05:05:39

SpacePete
Silver Stacker
Registered: 2014-03-01
Posts: 13,375
Trades :   122 
Website

Re: Bullion Baron: Australian Houses Priced in Gold / Silver Ounces (2015)

Sydney (Ounces to buy a house)
Latest Figures (July 2015): 670oz Gold, 51,028oz Silver
Based on Current Spot Price: 644oz Gold, 50,875oz Silver

So I need maybe 1,590 kilo silver bars for a median home in Sydney (and a few more for stamp duty). That's going to put a bit of a dent in my stack.


Catus amat piscem, sed non vult tingere plantas

Offline

#3 2015-08-30 05:51:00

willrocks
Silver Stacker
From: Yesterday
Registered: 2012-05-10
Posts: 7,590
Trades :   29 

Re: Bullion Baron: Australian Houses Priced in Gold / Silver Ounces (2015)

The trend is your friend.


"You can ignore reality, but you cannot ignore the consequences of ignoring reality." - Ayn Rand

Offline

  • Index
  • » Bullion Baron
  • » Bullion Baron: Australian Houses Priced in Gold / Silver Ounces (2015)

Board footer

Powered by FluxBB