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I can think of one item where price hasn't increased proportionally over time with the CPI. Shoes. My mum used to mumble at the price of my low-range Nike runners - $70 in 1992. I could pick up an adult pair for under that price today
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Perth has had the construction and mining boom. The prices of property in Perth are now SECOND to Sydney.
I have been given the heads up that brisbane/QLD is now due for its property price boom. The prices in Brisbane are now LOW compared to what they will be in 1, 2 and 3 years time. BUY property and buy it now.
Forget the stock market. Australia is having its resources boom so the share prices are high now compared to what they will be in 5 years time...
So, the answer - buy property in Brisbane. Location Location Location.
Do it now, and you won't regret it.
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