Maybe I am greedy but 10% a year growth means a property doubles...

  1. 6,098 Posts.
    lightbulb Created with Sketch. 296
    Maybe I am greedy but 10% a year growth means a property doubles in value in 7.2 years. thats normal for Perth. We had the mother of all parties from 2005 where anything went up, rubbish on busy roads, Mc mansions, vacant land.
    The party hangover started 2008 and went to 2011- 12. Now we are catching up. Not everyting in Perth is going up. Lots of small developments struggling, top end properties still below peak of 6 years ago. What is a boom
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.