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…