House Values .net.au

This is a consumer information web site, designed to assist consumers who may be interested in enquiring about their house value and and the best way to go about getting information on house values.house-values

Real estate agents and house values

We provide consumers with tips and advice of things to consider when talking to real estate agents about house values.

Click Here to Find A Real Estate Agent To Explain Your House Value

Networth and house values

Over the last couple of years in Australia the percentage of population that are private home owners has flucuated between 55 and 60% of the general population.

Of this group a recent bank survey indicated that for the majority of these individuals off their net worth or off their total asset pool their home or house value would possibly make up 80% of their total asset worth.

When you also consider the average levels of consumer debt and the fact most consumers borrow based on what assets they have and that the banks lend on what assets we can offer as security you start to see what a huge impact any change in house values could have on consumer sentiment.

So the current state of house values affects so much of what the average consumer does or doesn't do financially.

The good news is that house values and the whole real estate market place is such a big economy it is slow to move either up or down.

There will be fluctuations in house values but it takes time many months or more likely years to see falls and rises.

Click here to read more about average house values

It is easy to see that house values has a massive impact on the average Australians wealth, or asset value.

House values can go up and they can go down

When you consider the average property value across Australia in 2010 is being quoted at around the $490,000 mark and you look back over time you will see that compared to about 1990 in Australia the average property sale price was around $160,000.

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This demonstrates that house values have gone up considerably over the last 20 years.

This is great if you are a property owner you may have doubled even possibly trebled your networth as a result of this increase in house values.

It is not just property owners who are effected it will effect nearly every one whether that is in the amount we pay on our mortgage or the amount  we pay in rent.

What would happen if house values can go down

Although it has been a while since we have seen a dramatic fall in house values in Australia, it could happen.

Property prices in mid 2009 have fallen in many countries around the world.

An Example of this is in the USA from the house value highs of around January 2007 it is estimated house values fell by approximately 27% to January 2009 this returned property or house values to where they were at around January 2003.

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This information is not to scare real estate consumers but to show that house values can go up and down, despite what politicians or real estate agents or property marketers may say.

Property marketers and real estate agents and mortgage brokers have a vested interest in seeing house values continue to rise but is this not realty to think house values only go up.

Click here to read more about the increase and decrease in house values

How to add to your house value

If you are considering selling or you just want to ensure you are making the most of your vauable asset we provide a list of 10 easy to understand tips that can help you add to your house value.

Click here to read 10 tips on how to add to your house value

A local real estate agent will provide you with a free estimate on the value of your house.

This is the best way to get an estimate on your properties value, real estate agents are generally very agreeable to provide you with a free estimate as they are always looking for new properties to list for sale and a property owner who is requiring a estimate on the value of their home is a good prospect as someone who may sell soon.

Click here to find out about a free estimate on your house value

Real Estate Agent to Value My House

A local real estate agent will provide you with a free estimate on the value of your house.

This is the best way to get an estimate on your properties value, real estate agents are generally very agreeable to provide you with a free estimate as they are always looking for new properties to list for sale and a property owner who is requiring a estimate on the value of their home is a good prospect as someone who may sell soon.

Click Here to Find A Real Estate Agent To Explain Your House Value