I can only speak for Perth...The way I see it is demand is still...

I can only speak for Perth...

The way I see it is demand is still outweighing supply. Our population is continuing to grow, as is the number of young working foreigners/students. There are a number of infrastructure projects on the go too.

The whole 'slowdown of the mining sector' is overrated IMO, if you look at the biggest companies (RIO, BHP, FMG, Hancock) they certainly aren't slowing down at an alarming rate. Of course junior prospectors aren't as aggressive as they once were but how many people do they hire relative to the bigger companies?

More importantly the Oil and Gas sector (Gorgon for example) should pick up any of the turn down from mining.

At the end of the day, if you believe the cost of living will increase (as it inevitably will)property will HAVE to move in the same direction.

People talk about interest rates increasing and property prices decreasing etc. If interest rates increase, buying property becomes harder, what does that mean? Rental yields will have to increase.