The last 40 years has seen significant changes in housing trends and prices across Australia. Here are some of the most interesting shifts from the last four decades.
Property has always been about supply, demand and the availability of funds. The above slides show that as money has become cheaper, the average Australian has, and will continue to financially prioritise the purchase of residential real estate. Even if it takes longer to acquire, consumes more of their income to hold, and might it take longer to drive home to at the end of the day. The great Australian dream of home ownership is still alive and well; for this reason it still makes a great investment.