Craig

Days on market there, 34 days.

Units, the median price is

Six hundred and seventy five.

Well, it kind of ranges between a one bedroom at that price and it goes right up to one point four million for units in Caloundra.

Boy, has that area expanded or what?

Let's right now go to Melbourne and catch up with Trent Wilcher.

He is the manager of research from RLB.

And a very good morning to you, Trent.

Welcome along to the Real Estate Breakfast.

Nice to have you on this morning.

And you were telling me that you are a AFL follower of North Melbourne.

Off to a bit of a decent start this season.

Yes, well, Meatloaf did have that song, two out of three ain't bad.

So, yep, nice start for North Melbourne in the AFL.

Now, you guys have got a report out with regard to the Iran conflict, have you?

All right.

So this is more of the commercial look right now.

So as you say, the material cost, how concerned should some of these developers be right now since we are, as I say, around a month into this conflict?

Have you guys done some sort of modelling in terms of the Iran war continuing and what that'll do to these construction costs moving forward?

That is talking all about the big commercial construction costs.