Lower Priced Homes Appreciate Faster

Agreed, same situation happen in Malaysia, e.g Vista Apartment at Klang asking price was 100K year 2010 –>150K in year 2013.

Property-Investing-Guide

It’s now “official” – five year statistics published by RP Data-Hedonistic index show that lower priced properties appreciate at a faster rate (3.4% pa) than prestige properties (1.6% pa)

The logical reasoning behind these figures is quite obvious – there are more people who can afford a lower priced home.

But we all “knew” that – but finally we now have the figures to back up our natural logic.

I’m Bernard Kelly
Australia’s Retirement Strategist®

admin@retirelaughing.com

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