Australia is why
Australia, with its vast land and abundant resources, has experienced substantial economic growth driven by a significant influx of immigrants.
Over the past 40 years, property values in major Australian cities have seen impressive appreciation.
As wealth grows across the Asia-Pacific region and a robust middle class emerges, Australia is increasingly seen as the ‘Switzerland of the Asia-Pacific,’ attracting a rising influx of international capital. We believe that, over the long term, land values in Australia’s major cities will continue to rise.
The average property price of major Australian cities over the past 40 years
The above prices are not inflation adjusted.
Source: Housing prices and rents in Australia 1980-2023: Facts, explanations and outcomes by Peter Abelson, Australian National University and Roselyne Joyeux, Macquarie University.
Source: Corelogic
Source: Housing prices and rents in Australia 1980-2023: Facts, explanations and outcomes by Peter Abelson, Australian National University and Roselyne Joyeux, Macquarie University.
Source: Corelogic