Willair, you are right, the period 1994 to 2000, if not 2001 in the inner south eastern suburbs of Brisbane was as flat as. Also during the time, any one that bought new property, also saw their rents decrease. Sadly, all they had to do was hold a little longer. While there are people that talk about a 7 year cycle, and other 10 years, from "my" reading, the dynamics have been different every time, so its hard to say .... "this" was/is the trigger for the next "increase". Sadly, the media use the median figure when they do their stories, so thats what people understand. There is no way of knowing, what capital improvements etc, in a suburb, have contributed to the increase, unless you have access to a few properties, and can monitor their movement in sales values against any "capital" improvements etc. I recall some one telling me, when I was young, compare investing, to being in the lift foyer of a great hotel. Every one present will have a point of view, as to which lift will reach the top floor first. Picking the wrong one, may cost you some lost additional income, not picking one ... well .....
Oops I will get paid out on now ... grin
Oops I will get paid out on now ... grin