The capital city suburbs where it’s cheaper to buy than rent SHARE THIS ARTICLE
The
REA Insights Buy or Rent Report found that despite recent price growth, market conditions remain in favour of buyers, with around 57 per cent of dwellings across Australia being cheaper to buy than rent over the next decade, based on an annual price growth of 3 per cent.
The Northern Territory recorded the highest proportion of dwellings that are cheaper to buy at 99.1 per cent, followed by Queensland at 89.2 per cent, Tasmania at 85 per cent, Western Australia at 81 per cent and South Australia at 79.8 per cent.
Published May 1, 2021
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It is Saturday, my friends, which for the next ten weeks will mean only
one thing: Stan Original’s
RuPaul’s Drag Race Down Under (a real tongue twister) will be airing at 7pm. Buckle up, because for the next couple of weeks we’re going to be Ru-capping absolutely everything, from all the drama and shade, to all of the positively outrageous lewks.
Last month’s flood in the Hawkesbury-Nepean River region of western Sydney peaked at a staggering 12.9 metres, with water engulfing road signs and reaching the tops of many houses.
There hasn’t been a major flood on the Hawkesbury-Nepean for more than 30 years, with the last comparable one occurring in 1990. Long-term Sydneysiders, however, will remember that 12 major floods occurred during the 40 years before 1990. Five of these were larger than last month’s flood.
So what’s going on? The long-term rainfall pattern in the region and corresponding river flow is cyclic in nature. This means 40 to 50 years of dry weather with infrequent small floods are followed by 40 to 50 years of wet weather with frequent major floods.
Sydney s disastrous flood wasn t unprecedented, and we can expect more major floods in just 10 years theconversation.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theconversation.com Daily Mail and Mail on Sunday newspapers.
Sydney desalination plant churning out water even as dams remain full
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Sydneyâs $2.3 billion desalination plant is continuing to supply 50 million litres of a water a day just weeks after the cityâs dams spilled and storage levels remain near full.
New figures from WaterNSW also show Sydneyâs main dam at Warragamba collected 1212 gigalitres of inflows from the big rainfall event â or 1,212,000,000,000 litres. That is about 60 per cent of the damâs capacity.
At its peak, Warragamba Dam was spilling at the rate of 500,000,000,000 litres per day, WaterNSW says.