Hi all,
Anyone know how and where to find info about last 10yrs capital growth in a suburb? The most I can find is 5 yrs back, and it's from RP free report. Thanks
if you search for a suburb and go into the suburb's details, to has a box on the bottom left with "long term average" - this is a 10 year average growth figure.
wow, thanks guys.
murtagh, i found the website very useful to my need.
merlin, I'm looking at nsw and qld suburbs at the moment, If you also have data of these 2 states pls let me know
10 years in my opinion is too short as it might include one property cycle, two property cycles or even none at all. Changing the start year of a 10 year analysis can make the difference between the same suburb being a top performer or a dog.
Longer term is more interesting and you can get rough indications from looking at for sale ads in newspapers 20, 30 or 40 years old. Asking prices are near enough to sale prices in most cases as it's not going to be very exact anyway. Try your local state library for archives.