I have access to a sales data portal and I am always doing comparisons against suburbs to see what growth they have had.
The question I always seem to ask myself is... why does every chart look like there is no possibility for capital gains over the next 10 years. It seems to have been swallowed up in the last 10 years.
While I am glad to be part of the last 10 years growth can we really see property continually growing at this type of rate?
See the graph attached to see what I am talking about.
opinions and insights welcome.
Cheers
Rick
The question I always seem to ask myself is... why does every chart look like there is no possibility for capital gains over the next 10 years. It seems to have been swallowed up in the last 10 years.
While I am glad to be part of the last 10 years growth can we really see property continually growing at this type of rate?
See the graph attached to see what I am talking about.
opinions and insights welcome.
Cheers
Rick