property doesnt always go up... proof

here is a property for sale now..

For the same price it was bought for in 2011..



So in the 3 years of "boom" this person will lose about $15K or over 10% capital costs for investing in property..

For sale now
http://www.realestate.com.au/property-duplex+semi+detached-sa-elizabeth+south-115922723


Sold in 2011
http://www.onthehouse.com.au/sold/history/6574412/