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RBA Glossary definition for '000
'000 – Unit is in thousands.
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The Effect of Zoning on Housing Prices
1 Mar 2018
RDP
2018-03
211. 247. 497. ABS Building Activity Survey. Average value of new structures ($′000). ... $′000 (per cent of total), 2016. Perth. Brisbane. Melbourne. Sydney. Dwelling structure.
https://www.rba.gov.au/publications/rdp/2018/2018-03/full.html
Introduction
8 Mar 2018
RDP
2018-03
the structure and landowners (existing or potential) would have been prepared to forego the land for $277,000. ... Instead, buyers needed to pay $1.16 million. The extra $489,000 reflects administrative restrictions.
https://www.rba.gov.au/publications/rdp/2018/2018-03/introduction.html
Appendix A: Examples of Zoning Effects on Land and Property Values
8 Mar 2018
RDP
2018-03
where previously before the Boundary de facto rezoned it as housing it cost $150,000–200,000 per hectare'. ... Murray and Frijters (2015) report that the rezoning of 13,000 hectares in south-east Queensland from rural to residential between 2008 and
https://www.rba.gov.au/publications/rdp/2018/2018-03/appendix-a.html
Estimating the Physical Value of Land
8 Mar 2018
RDP
2018-03
property value by $2,764 (= $1,160,000 0.0024) or $411 a square metre. ... Equivalently, the marginal value to home owners of 673 square metres of land is $276,000, but the block of land costs $765,000.
https://www.rba.gov.au/publications/rdp/2018/2018-03/estimating-the-physical-value-of-land.html
Apartment Prices and Marginal Costs
8 Mar 2018
RDP
2018-03
imply that such an apartment would cost $552,000 (average cost in a 10–20 storey building). ... 390. 471. Average apartment sale price ($′000). 539. 510. 870. Zoning effect ($′000).
https://www.rba.gov.au/publications/rdp/2018/2018-03/apartment-prices-and-marginal-costs.html
Decomposing Property Values into Dwelling Structure and Land
8 Mar 2018
RDP
2018-03
Perth. Brisbane. Melbourne. Sydney. State valuer general. Average value of land (per lot, $′000). ... 211. 247. 497. ABS Building Activity Survey. Average value of new structures ($′000).
https://www.rba.gov.au/publications/rdp/2018/2018-03/decomposing-property-values-into-dwelling-structure-and-land.html
Zoning Effect Estimates
8 Mar 2018
RDP
2018-03
$′000 (per cent of total), 2016. Perth. Brisbane. Melbourne. Sydney. Dwelling structure. ... There are substantial differences between cities, especially in dollar terms, with zoning restrictions adding only $159,000 to the cost of the average house in
https://www.rba.gov.au/publications/rdp/2018/2018-03/zoning-effect-estimates.html
Appendix B: Detailed 2016 Detached Housing Regression Results
8 Mar 2018
RDP
2018-03
0.071 (0.013). Sold prior to auction (baseline: private treaty). 0.000 (0.003).
https://www.rba.gov.au/publications/rdp/2018/2018-03/appendix-b.html
Geographic Distribution of Zoning Effects within Cities
8 Mar 2018
RDP
2018-03
Figure 3: Sydney Zoning Effect Estimate by Local Government Area. Average, 2016, $′000. ... Average, 2016, $′000. Note: Peppermint Grove LGA was combined with Mosman Park LGA for estimation purposes.
https://www.rba.gov.au/publications/rdp/2018/2018-03/geographic-distribution-of-zoning-effects-within-cities.html