Property Research over a 10 year period

Hi Property Lover's

I thought you may be interested in knowing what the property market has done in Nedlands compared to Dalkeith & Claremont. The research was done over a 10 year period form 2000- 2010 (ending March).

The first graph shows the growth & median sale price for Nedlands, Dalkeith & Claremont from 2000-2010 as well as the number of sales per year:

The next graph indicates the key peak selling periods for Nedlands, Dalkeith & Claremont....however I feel it is always a good time to sell!!

The final graph displays price range segmentation (12 months ending March 2010) for Nedlands, Dalkeith & Claremont.

Over this ten year period the Perth property market suffered 2 market crashes (the tech crash in 2000 and the GFC crash in 08/09) and a substantial property boom (2006 to early 2008). The graphs proves that when investing in property (which should be a long term investment, 5 years or longer) you will still have growth even when facing a market crash. History proves that the property market always bounces back firm from a crash...proving that property is a sound LONG TERM investment.

Should you have any questions regarding this information please feel free to contact me.

Thinking of buying or selling in Nedlands? Call me anytime