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OK, Located the chart in Steve McKnight's book 'From 0 to 130 properties in 3.5 years'.... It's on page 99 and is based on REIA and Reserve Bank data from 1982-2002. --------------------------------------------------- City......Ave 20yr growth.....Property to double $...

Try looking at property prices over a longer period than over ten years - particularly over the last ten years. Gill, You're doing the same thing as share market promoters do - picking a starting point at the bottom of the market & finishing point at the peak of a boom. It's the same as...

NP2003, Talk to a good mortgage broker not a bank. 30 year loans are P&I not IO in AU. You may find this is less effective for you - though both approaches work (Brenda uses P&I for example). Houses do NOT grow at 10-13% on average in this country. Long-term average is in single...