Business
Do Aussie property values double every 7 years? – MacroBusiness
According to Martin North’s Digital Finance Analytics surveys, the majority of Australians still believe that property values rise on average every seven years. In the above video, Martin North sets the record straight, busting this myth using a number of exa…
According to Martin North’s Digital Finance Analytics surveys, the majority of Australians still believe that property values rise on average every seven years.
In the above video, Martin North sets the record straight, busting this myth using a number of examples.
For Aussie property to double in value every seven years, values would need to grow on average by about 10% per annum. This has not happened over the past 40 years, as illustrated in the next chart:
According to CoreLogic, property…
-
General15 hours agoFour escape injury after jumping from three-storey unit on fire in Newcastle
-
Noosa News15 hours agoGippsland vegetable farm accused of underpaying migrant workers
-
Noosa News16 hours agoThe Best Things to Do in Brisbane This New Year’s Eve
-
Noosa News19 hours agoMary River cod thriving in Brisbane River catchment, century after relative went extinct