50 Years of Property Prices + Inflation + Interest Rates Explained
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50 Years of Property Prices + Inflation + Interest Rates Explained
I recently read an incredible article from Simon Presley where he looked at 50 years worth of interest rate, inflation and house price data in Australia.
The results were astonishing. Over the last 50 years interest rates have sat between 5% and 17% per annum.
Inflation has sat between 1% and 17% per annum.
House prices in Australia's capital cities have grown by an average of 8.2% per annum.
According to Simon and the team at Propertyology.
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