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House Prices Myth vs Reality

1. Australian House Price Growth**

 

Since 1980 the time between property market peaks (market cycles) is four years, not seven years as many believe.

 

 

2. Australia House Price Values**

 

Property prices double every thirteen years, not seven as many believe. That equates to an average capital growth rate of around 5.4% a year.

 

We are now at the top of the rate cycle/bottom of the property cycle.

 

If history repeats itself, expect prices to increase faster than you think.

 

** Source: matusik.com.au via REIA and Domain

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