Sure Sydney is in the middle of a property boom, but overall Australia’s property markets are very fragmented.
While there has been a lot of talk about the strength of our property markets, overall the real (after inflation) growth has been relatively subdued:
And we’re really not experiencing the property price growth many other countries have enjoyed over the last few years.
The Global Property Guide has compiled and analysed the property price performance of the world’s big economies.
As you can see from the list below, there are 13 other countries where the property markets are performing better.