Remarkable Resilience
Discover resilience and growth: Australian property investment - A steady 5.4% pa growth over three decades despite significant recessions
Over the years, the Australian property market has exhibited remarkable resilience and consistent growth in property prices. This sustained appreciation has made it an attractive choice for investors seeking long-term wealth accumulation. While there may be fluctuations in the short term, historical data indicates that Australian property tends to perform well in the long run.
For the past three decades, Australian property has grown by an impressive average annual growth rate of 5.4% according to data from CoreLogic. Despite significant recessions like 2008, the Australian property market has shown remarkable resilience.
These findings not only highlight the remarkable appreciation in Australian property values, but also the long term benefits of home ownership.