House prices have risen at their fastest rate in 17 years. Australian residential property prices rose 13.5% over the 2020/21 financial year. This is the highest annual growth rate since 2004.
It’s fair to say, Australia is in the midst of a property boom.
It’s been four months since I made this video, below, about the drivers behind this boom and guess what – all of the information still holds true. Record low interest rates and high auction clearance rates are just some of the contributing factors.
Learn all of the elements at play causing house prices to soar. And most importantly, what you can do about this surging market.
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