Ann: Quarterly Report, page-145

Property developer here. Best case with a house it doubles in 10 years & an apartment will be up 50%. Most of the action happens in a few years so if you time it right you may do a bit better. Many places prices stagnant the past decade & only started appreciating the past 12 months. That is why we develop & turn them over rather than hold them. Holds are to offset tax from developments. Pain in the ass dealing with all the property managers, tenants & maintenance issues.

Look at Perth & Gladstone - property never always goes up.

Put some money on a handful of carefully selected small caps & you can double your money within 12 months not 10 years.