People investing in property or upgrading the family home are expected to bolster Australia’s property market into 2010.
But plenty of economists are still warning that Australians are paying the highest ever house prices relative to income.
Even finance gurus like Rich Dad, Poor Dad author Robert Kiyosaki are saying the biggest-ever real estate bubble is about to burst. So how do people know if it’s the right time to dip their toe in and buy an investment property? Read on:
Click on a Suburb below to view the sales statistics for the Suburb
|Suburb||Nr Sales||Median Sale||Property Price Index|
|Alfords Point||7||$870,000||N/A||Insufficient Sales|
|Allambie Heights||18||$1,091,250||2.83%||Insufficient Sales|
|Avalon Beach||40||$1,115,000||8.78%||Insufficient Sales|
*Median and Index calculations based on data available as of 26/10/2014.