What’s happened to property prices over the past decade?
There are five key takeaways from this CoreLogic analysis of house and unit price movements between February 2013 and 2023.
- Houses tend to enjoy higher long-term capital growth than units
- Different markets grow at different rates
- History suggests that property prices grow handsomely over the long-term
- Growth never occurs in a straight line – there are periods when prices fall or stagnate
- When it comes to buying property, time in the market is often a better strategy than timing the market
Subiaco finance brokers are here to help
Interest rate rises are here, but you don’t have to fear with the right broker on your side.
The team at Sonam Capital are here to empower you through financial knowledge. We’ll take the time to get to know you and your unique situation and speak in a language you can understand, with strategies you can implement for the best possible outcomes.
Nick, Wayne and Amanda at Sonam Capital are your Subiaco finance specialists.
