Property Hunter Magazine Issue 63- February 2015 | Page 32

HOT TOPIC | Australia Property Market Outlook 2015

“Remarkably in 2006/7 properties median
values in Perth matched those of Sydney for
the first time in recorded property history, an
achievement that no other Australian city ever
came close to, and with the next mining boom
I expect this phenomena to be repeated, giving
properties in Perth a unique and prosperous
investment future,” says Andrawo.
He adds that this current trend is likely to
continue and rise with other cities such as
Gold Coast and Brisbane in Queensland and
Melbourne in Victoria.

INVESTMENT VALUE OF
AUSTRALIAN PROPERTY
Since World War II, the property market in
Australian has been performing very well.
The Australian property market started to
show significant improvement after the Second
World War when people started to put their

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