Unpublished data, Survey of Income and Housing Costs, 1995-96. The location of the dwelling is a major factor, with dwellings in capital cities having the highest home values within each State. These differences in home values result in very different housing wealth holdings for families across Australia. The value of homes also varies markedly across different capital cities. Dwelling values also vary according to the type of dwelling structures.
Separate houses are, on average, worth more than other types of dwellings.
Households have holdings of wealth in many other forms. Endnotes 1 Dilnot, A. 1990, ' The Distribution and Composition of Personal Sector Wealth in Australia ' , Australian Economic Review , 1st quarter 1990, pp. 33-40, Institute of Applied Economic and Social Research, Melbourne.