A simple guide to the property boom
For some time there has been talk of a property bubble with many an investment analyst (including all the analysts who looks at Australia from overseas) saying that property prices are 20% – 40% overvalued.
On the other side we have the true believers who are convinced that there is something magical about Australian property that means it will always go up, whatever price you pay and whatever they have experienced in other countries. Maybe something along the theme of the Lucky Country.
So why have property prices increased as they have? For more information regarding the property boom please refer to the attached article.
Should you wish to discuss the property market further please do not hesitate to contact an Intralink adviser on (03) 9629 1100.