The value of smashed avocado on toast has become a tangible measure in the property market

first_imgDoes your suburb’s property profits mean you’ll be eating avocado toast all day?SINCE demographer Bernard Salt first suggested people could save faster for a home deposit if they gave up buying smashed avocado on toast at $22 a pop, it’s become a tangible – if tongue in cheek – measure for the property market.Taking his comparison further finder.com.au has run the figures on how many plates of smashed avocado you could buy a day with the capital gains in our top performing suburbs.More from newsMould, age, not enough to stop 17 bidders fighting for this home3 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor9 hours agoIn Queensland’s top capital growth suburb of Teneriffe the level of growth of the median house price last year was $1164 a day.By Salt’s measurement that would be the equivalent of 53 serves of smashed avocado on toast a day – a lot even for the most hungry of hipsters. Property profits in some suburbs can buy an awful lot of breakfast.Next on the list was New Farm with an increase in the median $822 a day or 37 serves of avocado toast.At Minyama on the Sunshine Coast, about 30 serves of the breakfast staple a day will match the same price growth, while in South Brisbane and Milton it was 29 serves.Money expert at finder.com.au Bessie Hassan said some people had truly hit the jackpot seeing their property prices grow so substantially in the past year.last_img read more

NHL free agency 2019: Maple Leafs sign trade acquisitions Kerfoot and Ceci

first_imgThe Maple Leafs have nearly finished filling up their roster.Toronto signed newly acquired center Alexander Kerfoot and defenseman Cody Ceci to new contracts on Thursday. Kerfoot joins the team on a four-year deal with an AAV of $3.5 million. Ceci agreed to a one-year contract worth $4.5 million. Ceci, 25, headlined the Senators’ package in the trade for Nikita Zaitsev and Connor Brown. The sixth-year veteran tied his career-high with 26 points (7-19–26) last season in 74 games.Maple Leafs, Senators six-player swap is a win-win as Zaitsev, Ceci start anewAccording to CapFriendly, Toronto now has an estimated $3,765,301 in cap space. However, The Fourth Period’s David Pagnotta reports that the team is a few roster moves away from having over $11 million, keeping them in play to re-sign Mitch Marner.Looking at the Leafs cap situation: Add Kerfoot’s $3.5M AAV & Ceci’s $4.5M AAV. Factor in Horton’s $5.3M going on LTIR and 4 players on the current roster making avg $700K each being moved to the AHL to start the year, the Leafs have $11.165M in cap flexibility to play with.— David Pagnotta (@TheFourthPeriod) July 4, 2019 The Leafs traded for Kerfoot, 24, along with Tyson Barrie and a sixth-round draft pick from the Avalanche in exchange for Nazem Kadri and Calle Rosen. He posted 42 points (15-27-42) with a minus-nine rating in 78 games last season. Kerfoot failed to find the back of the net in his 12 playoff games, but notched three assists.MORE: Maple Leafs acquire Tyson Barrie, gain key right-handed defensemanlast_img read more