Recent corelogic results revealed that for the first time in a long time, property prices have flat-lined in Sydney and produced zero growth for the month of August. This suggests that the boom-time gain as far as Sydney is concerned is likely to be over.
The Melbourne market appears to still be moving upward, although industry leaders such as John McGrath (and others) are now predicting that Melbourne could be ready to come off the boil very shortly as well.
Does this mean that property investment [capital growth] returns are over for years to come, in Australia? Answer: No - it doesn't.
Australia is essentially governed by 2 different markets, of which these can further be sub-divided (excuse the unintended pun) into regional and city zon...