Just started comparing these graphs from RP Data to help me decide where to invest next.
What I see in these graphs:-
Melbourne, Canberra, Adelaide and Brisbane all seem to be in the same cycle.
Perth unit prices seem to be inflated, or maybe house prices deflated.
Hobart units look statistically not reliable, or maybe very volatile.
Sydney has been in doldrums for ages, maybe that will be the next boom.
Darwin houses seem to offer very steady long term growth.
Conclusion:-
I am thinking Sydney units.
What do other SS'ers think?
What I see in these graphs:-
Melbourne, Canberra, Adelaide and Brisbane all seem to be in the same cycle.
Perth unit prices seem to be inflated, or maybe house prices deflated.
Hobart units look statistically not reliable, or maybe very volatile.
Sydney has been in doldrums for ages, maybe that will be the next boom.
Darwin houses seem to offer very steady long term growth.
Conclusion:-
I am thinking Sydney units.
What do other SS'ers think?