Has Australian wealth creation been largely sad a result of property growth
Since 1988 average wealth per Australian has increased from $50k per person to $550k .
It’s interesting to note that property prices have doubled every 10 years .
Has the majority of Australian wealth increase been largely as a result of property price gains .?
If average property has increased from
150k in 1990 to 300k in 2000 to 600k in 2010 to 1.2m in 2020
- What will it be in 2030?
- What will it be in 2040?
- What will it be in 2050?
Do you plan to purchase a property in next 5 years ?
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