412 | The Best & Worst Performing Markets Over 30 Years! - Chat With Tim Lawless
The Property Couch
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Why Is the Mid-Decennium Only at 59?
The national reading is very heavily weighted towards Sydney and Omen. That's where the weakness, particularly Sydney, was evident in that middle decade between 2002 and 2012. It was more a story about Sydney weighing things down rather than any sort of strange court in the numbers. The other really big reason, or the most important factor, probably comes back to that period when interest rates were rising. And then it met with a GFC, obviously.
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