Property Growth and Performance

By Michael Yardney
February 2008

With the world stock market meltdown and all the news about interest rates, affordability, recessions and depressions, it is not surprising that many investors are concerned or at least confused.
  
Yet 2007 saw the value of many well located properties grow at rates we have not seen for many, many years. The stand out growth performances of some inner suburbs in Melbourne, Brisbane and Adelaide in particular, were at property boom levels.

The latest figures from Residex www.residex.com.au show how strongly our markets performed last year: