Why Are Australian Property Prices Rising?

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[marcoschena]

Property goes up over time, full stop. Everyone that wants to purchase, needs to knuckle down, save the deposit (will take more than 3 months), will take years, be patient. Then buy and enjoy the journey and pay it down overtime, make sure you have an offset. Be realistic about your first purchase, it will not look like Mum and Dad's house, will be smaller and probably a few suburbs away. You can do it.

Here is a house sold in South Yarra VIC
2024 Sold $1, 904, 000
2006 Sold $940, 000
1993 Sold $265, 000
1980 Sold $70, 000
1976 Sold $61, 000

[ngatiklau]

Depends.

Locations that peaked too much will undergo correction.
Overall as you know yourself, location will be key.

Great show, love the optimism!

[jamesm]

It cost 900k to build 4 bed room house in Sydney, excluding land.

[SteveAvidius]

Unimaginable levels of immigration & printing unimaginable amounts of money, is the answer to the title of the video. If you knew they were going to be so corrupt, you have profited.

[Scottweeier]

I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Natalie Strayer.

[lorgerdat]

Meanwhile, a townhouse style property in Kyoto is $200k and right beside arashiyama.

[jimmyjimsta]

Definitely higher not enough homes around
It’s not rocket science look at
The traffic jams shopping malls most city malls are full daily shoulder to shoulder to many people around not enough homes let alone
The roads are always full 🤩

[CheyneCurtis]

Definitely higher ☝🏻 it.may drop for 6months at some stage, but inflation, lack of housing, immigration and stupidity a pretty stable government (even if there annoying)
+ 4-7%

[dmoo]

How much are you buying properties for these days Ravi??

[ricky]

Prices are high because non residents (chinese) buying properties at any price

[lexnouwens]

Buying real estate is a hedge against inflation. So much money printed after the GFC, it will end up in people’s pockets.

[pratikmehtaau]

After long time I see fraud men on you tube.