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A few years ago, most are saying properties double in 7 years. Now it's 10 years (even with a property boom earlier in the decade). Probably, nowadays if you buy an average home with an average price (without haggling for it) and don't do anything to renovate and upgrade, it might take more than...

http://www.smh.com.au/national/101-performer-house-prices-double-in-a-decade-20091023-hdcz.html?autostart=1 Not sure it will happen in the next decade though... in 15-20 years perhaps?