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Conventional wisdom says that property prices double every decade. But does that remain true in hot markets with the level of growth Australia has seen over the past year?
The old saying goes that property prices double every decade, but new figures show the locations where price growth has been even stronger – and where it hasn’t kept pace.
An old rule of thumb says that property prices double every ten years. But does that still hold with the property market so hot? According to Nerida Conisbee, chief economist at Ray White Group, it
The old saying goes that property prices double every decade, but new figures show the locations where price growth has been even stronger – and where it hasn’t kept pace.
The old saying goes that property prices double every decade, but new figures show the locations where price growth has been even stronger – and where it hasn’t kept pace.