No housing bubble: RP Data
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No housing bubble: RP Data

By webmaster

Constant rumours that Australia is in the midst of a housing bubble have been silenced by RP Data.

Speaking to Smart Property Investment yesterday, RP Data’s research analyst Cameron Kusher said there was no data to suggest Australia is in a housing bubble.

“We enjoyed some pretty strong property price growth over the last 12 months. However, that growth is now plateauing,” Mr Kusher said.

"There is nothing to suggest we are in a housing bubble. In fact, the price growth we are achieving now will be sustainable long term.”

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Top Suburbs

Highest annual price growth - click a suburb below to view full profile data:
1.
SOLDIERS POINT 48.92%
2.
BLUE BAY 43.96%
3.
BERKELEY VALE 42.74%
4.
LEMON TREE PASSAGE 42.55%
5.
NORTH NARRABEEN 40.19%
No housing bubble: RP Data
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