Enjoy the long weekend…

And remember, daylight saving starts this weekend for some states. In the news, property’s making us very wealthy as prices soar; and preparing your garden for a long hot summer

Property driving household wealth

Household wealth continues to grow around the country, due mostly to our homes, according to data released this week by the Australian Bureau of Statistics (ABS).

The figures show that total household wealth increased 5.8 per cent in the June quarter 2021, taking wealth per capita to a record high of $522,032.

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Housing prices up almost 20%: REIA

House prices have inflated by a whopping 18.4 per cent over the year to June 2021, the Real Estate Institute of Australia (REIA) announced this week.

The REIA’s quarterly report ‘Real Estate Market Facts’, which records all sales that have settled, shows that over the June quarter, the capital city median price increased by 4.4 per cent for houses to $913,946. ‘Other dwellings’ were up by 2.9 per cent to $632,889.

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Is your garden thirsty?

Spring has sprung, the grass is riz, but if you neglected it through the winter, you might be wondering where your garden is.

Now that the weather is warming up again, it is the perfect opportunity to set lawns and garden beds up for the hot, thirsty summer months.

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Mmmmm: dead salmon or cabbage white?

Choosing paint colours can be dreary, especially when it often seems there’s little difference between one hue and the next. So, why not pick just for the name?

British paint makers Farrow&Ball are renowned for their aspirational products with quirky names. So next time a visitor remarks on the colour of a wall and asks what it is, you could say “duck green’, ‘skimmed milk white’, ‘mouse’s back’, ‘dead salmon’, ‘Nancy’s blushes’ or ‘cabbage white’.

New home sales remain strong

There are enough new homes in the pipeline to keep builders busy through next year, the Housing Industry Association (HIA) announced this week.

The latest HIA New Home Sales report shows that sales over the three months ending August 2021 were 15.4 per cent higher than at the same time in 2019.

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Home for a poet

For a mere US$14,000 per month, you could live in the Cambridge building T.S. Eliot called home — and it’s no ‘Waste Land’.

The attic of the classic Boston house, which dates from 1855, was home to the poet between 1913-1914, just prior to his writing The Love Song of J Alfred Prufrock. Perhaps it may be that ‘in (one of) the room(s) the women (will) come and go, talking of Michelangelo’.