perth house rents rise 21.5%, page-10

"The last boom of this size in Australia was in 1880, that's 130 years ago.

Could be a long wait."

So by that logic no one made any money out of property in the middle 120 years.... lol. You don't need a boom like either of those to make money all you need is inflation and time. The only ones that truly like these sorts of massive booms are the flippers.