What the Afladder would look like if it was based on the growth of real estate prize – realestate.com.au

If there is one thing that could match AFL as the most popular spectator sport in Australia, this is the real estate market.

More than 8 million Aussies come to AFL -competitions every year, but based on the crowds at auctions and open houses throughout the country, the game of buying and selling real estate can give our national sport a run for its money.

So what would the afladder look like if teams are arranged for the growth of real estate price instead of performance on the field?

Exclusive Proptrack Data show how each team would be placed this year, based on how quickly house prices have grown in the last 12 months.

The data shows that the Finals series does not look so different from the real thing, with five of the top eight teams that compete for a large final berth this year also perform better for the growth of real estate prize.

The Brisbane Lions would have achieved the small Premiership in the Home Price Company, with a growth of 9.6% in the housing values ​​in the past year. This year they also brought a solid performance in the regular season and finished in third place.

But the next strongest competition for the trophy of the home prize achieved a much better result for the growth of the house price than performance on the field.

The Brisbane Lions would be small prime ministers this year if the Afladder was based on the growth of real estate prize. Photo: Getty

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The West Coast Eagles finished the regular season in last place with only one victory and 22 losses, but an increase of 9.3% in real estate values ​​in WA places the Eagles in second place on the hypothetical table for house price.

Adelaide Crows, who won small premiership in actual football this year, has also made goals on the real estate market, with an annual increase in values ​​of 9% and the team in third place in the house price growth Ladder.

Port Adelaide closed the top four with a slightly slower price growth of 8.6% – a much better result than how the team ended the regular season in 13th place this year with nine wins and 14 losses.

Adelaide Crows and Port Adelaide would be in third and fourth place on the real estate price growth ladder. Photo: Getty

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GWS Giants, Fremantle Dockers and Gold Coast Suns would be in fifth, sixth and seventh place respectively – close to where the teams ended on the afladder.

The top eight for price growth was Western Bulldogs, which this year just missed a final spot in the regular season.

The data analyzes the growth of house prices in the past 12 months in the geographical area that every team traditionally represents.

The Western Bulldogs would be the highest ranked Victorian team if the ladder was based on the growth of real estate prize. Photo: Getty

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For most Victorian teams, data on suburbs are, except Geelong Cats and Western Bulldogs that cover the Geelong and Melbourne – West SA4 regions respectively.

Data for Brisbane Lions and Adelaide Crows include price movements at the Greater Capital City (GCCSA) level, West Coast Eagles Data Tracks Price movements for West -Australia in general, Fremantle Dockers and Port Adelaide Power (LGA) uses the Gerga Respective Local Governments -REGIO.

For the two Sydney teams, the swans and GWS Giants, the city is split in the middle, with data for the giants that cover the west and the swans that cover the east.

Is there a connection between performance on the field and the growth of real estate price?

Although the top eight teams were broadly comparable for both price growth and on the field performance, similarities also extended to the teams at the bottom of the table.

Six of the 10 Victorian teams ended this year the regular season in the lower half of the ladder, while in the ranking of the house price growth the lower half of the ladder was completely Victorian, with only the bulldogs that were in the upper half.

Just as in this year’s competition, Victorian Afl teams were ranked lower for the growth of real estate prize, which reflects the slower recovery from Melbourne compared to the other capitals. Photo: Getty

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Although the data demonstrate some similarities between price growth and where teams are arranged on the AFL ladder, it is unlikely that performance on the field is linked to the growth of real estate price, according to REA Group Reag-executive manager of Economics Angus Moore.

“It’s hard to see how the performance of the AFL team and house prices would be strongly related,” he said.

“Instead, we are here the gap in the house price performance in recent years between Perth, Brisbane and Adelaide on the one hand and Melbourne and to a lesser extent Sydney on the other.”

Queensland, South Australia and West -Australia have been the strongest real estate markets in recent years, with relative affordability, population growth and a high degree of investments that support the growth of house prices.

In the meantime, the growth of real estate price in Melbourne has lagged behind the rest of the nation in recent years – a result of population outcomes, higher levels of residential construction and changed real estate tax institutions – although the situation seems to change as the demand and price growth absorbs in view of the relative affordability of Melbourne.

Brisbane -buyer -agent Jamie Charman, a former Ruckman for the Lions who won a premiership with the team in 2003, said that the growth of real estate prize may not be directly related to the performance of a team, but success on the sports field could certainly elevate the spirits in the local environment in the area.

There is “good vibes all around” when your team wins, says the copper’s agent and the former Brisbane Lions player Jamie Charman. Photo: Getty

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“I don’t think there is a direct correlation, but it does change the mood in the city when your team wins,” he said.

“There is always a dramatic change if your team is on top of the ladder. The atmosphere is good and it brings a lot of positive energy.”

“When we won a premiership, the entire city huined.”

He said that the outperformance of Brisbane in price growth was more likely to the influx of the population and increased investments from other parts of the country, rather than how well the lions played.

“I really notice more buyers than ever from the southern states,” he said. “We see so many investments from the south.”

House prices have risen sharply in Brisbane in recent years, but outperformance on the real estate market is more closely related to a strong demand for housing in the midst of population growth and interstate migration than how the lions have played. Photo: Getty

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Sports and real estate prices may not be completely not related. Research from the UK shows that stadium construction can have a positive effect on real estate prices in the area, although there are also examples of negative effects on prices as a result of noise and traffic.

Although the data shows that AFF and the real estate market happen to share some of the same winners this year, the reality is that strong price growth in the regions at the top of the table was largely due to broader economic factors rather than success on the field.