Property prices DO NOT double every 10 years.
Yes, the right property – in the right suburb can and will. But see the growth rates for Brisbane yourself in the table.
Since 2014 “experts” have been promoting Brisbane to boom “after Sydney and Melbourne”. It’s the natural sequence of the property cycle, say these “Guru’s”.
Mainstream commentators and agents with hundreds of clients investing with them ?
You will have heard them in all the podcasts.
If you followed the advice of these agents and advisors you would have missed out on multiple years of double digit growth in Tasmania, Newcastle, Regional Victoria, among other places!
I still don’t see Brisbane growing much (as a city market) in the next 2 years.
I dare to put my neck on the line.
Either follow the herd, or follow the data.