Property Investment Blog

Thursday, 27 June 2024

Property Prices Continue to Grow Despite High Interest Rates

Property prices are continuing to rise even in the midst of high interest rates.


Brisbane, Perth, and Adelaide have limited stock available for sale - this shortage is leading to strong price growth.


Perth is tipped is still grow another 11% in the coming year! Investors there have made a killing the last couple of years.


Look at the capital growth chart below to see growth of 5 individual Perth suburbs during the past 3 years - this is huge growth showing 20%+ annual capital growth in most cases.


Check out this article on RealEstate.com.au for additional information - https://www.realestate.com.au/news/property-price-forecasts-lifted-as-some-cities-defy-expectations/.


Now is the time to keep a close eye on the market to make your next move and optmise your portfolio - go to https://www.propertydirector.com.au/choose-plan and register to our Professional plan now to get across what is happening.