68% of Australians believe this will happen. Which side are you on?

monopolyProperty research and data is a property investor’s best friend.

But recently, some research released by RP Data has revealed that Australians aren’t altogether sold on the fact that property prices are set to increase.

In fact, a decent proportion of survey respondents believe that Australian real estate is over priced and is due for a correction!

The survey asked the question about whether Australia’s housing market was vulnerable to a significant correction.

“More than two thirds (68%) of respondents felt that it was, which was the highest reading we’ve received for this question,” an RP Data spokesperson said.

“Also, more than half of all respondents in each region felt that the housing market could see a significant correction.”

For more details, including a state-by-state analysis, click here.

Til next time, happy investing!

Helen Collier-Kogtevs

Share this post

Share on facebook
Share on google
Share on twitter
Share on linkedin
Share on pinterest
Share on print
Share on email

Become a successful Property Investor

Start Here With Your Free Investment Gift Pack Valued at $297

Get one step closer, Fill in the form below

More from Real Wealth Australia

Blog - The Next Boom Cycle Is Coming... Prepare Yourself

Post COVID-19 Property Boom Cycle is coming… prepare yourself!

The Corona virus pandemic is in the process of trashing property prices by possibly up to 30% according to some and when it’s over be …

How to invest and prosper in uncertain times

How to invest and prosper in uncertain times

Most of us have gone from living our lives, going about our business, taking care of our homes, to a level of uncertainty that caught …

Will the property market crash_

Will the property market crash?

Australia is in lock-down, schools are closed, many people have lost their jobs or are working from home. We must all exercise safe distancing, which …