House prices in Australia only dropped marginally in the last quarter, but the year-on-year picture is a little grimmer. The average decline in house prices between the last quarter of 2011 and the year before was 4.8 per cent, with Brisbane and Adelaide the worst-hit.
Picture by Paul Hassing
Data from the Australian Bureau of Statistics (ABS) shows that capital city house prices
We recently looked at which suburbs in Australia offered the best returns for investors. Obviously, falling house prices make it cheaper to grab an investment property. They do mean, however, that you need to take a long-term view of the investment: the price is unlikely to rise
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