When property prices continues to rise without any relevance to the economic growth, salary growth or whatever growth, you should be worried. Property bubble is building. Once property becomes unaffordable to everyone and no one could buy anything and suddenly the sellers realised it and starts to offload their properties into the market with each … Read moreMedian income: 57,400 Median property price: 680,000 No Bubble Yet.
Today, if you were to google ‘property bubble’ there are lots of articles about the Australian property market, on the arguments about whether or not a property bubble is building, about to burst or still manageable. Australia is considered a developed nation and its property market is a very developed one, both in legislations, implementations … Read moreProperty Bubble? What Bubble. There’s no bubble.