fbpx
BLOG

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

SHARE THIS POST:

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top

Connect with Dan Sofo

Your trusted Sydney buyer’s agent

Your details will be sent immediately as an SMS and Email to Dan, who will get straight back to you.