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Where is the property market heading?

Posted @ Nov 13th 2018 7:27pm - By AD Admin

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Where is the property market heading?

We don't have a crystal ball but history can tell us about the performance of Australian median house prices so far…

Year & Prices

1960 - $7,000  

1980 - $44,800

1990 - $110,600

2000 - $195,700

2005 - $334,100

2010 - $481,300

2018 - $687,700

It took Planet Earth 10,000 years to reach a population of 1 Billion people, we now add 1 Billion people approximately every 13.5 years and they all need a roof over their head…

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