thejonesboy if you look at the ABS graph 4616 again you can see quite clearly that the index is higher now than it was in 2009.
As the ABS index is also adjusted for inflation (that is what real means) the nominal price (what you actually pay)is even higher than the index graph gives a visual reprentation of.
The drop since mid-2010 looks very similar to the drop in 2008/9 - Could it bounce back again? Time will tell - I certainly will not be rushing about to buy anymore investment properties - but I will not be selling just yet either.
