
Could house prices double again?
Luke GrahamLeave a comment
Property commentators regularly discuss the general rule of Australian real estate prices doubling every 10 to 15 years. This has been the case over recent decades, but some argue this will slow down. At Blue Wealth Property, our view has been that property price growth may not be as aggressive in the future as it has been in the past. With that said, positive sentiment has returned to the market following a number of helpful changes throughout 2019. Chief among these have been three cash rate drops and corresponding drops in mortgage interest rates.