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Australia: Property market to fragment by 2015 as returns in mining states blast ahead, BIS report warns

Posted on 26 June 2012

The property market should get used to single digit growth for a while, according to the latest BIS Shrapnel report into the residential property market, which says returns will become even more fragmented and start to emulate the two-speed economy.
On one side, the resource-rich states of the Northern Territory, Western Australia and Queensland will see their property prices boosted, but the rest of the country, including New South Wales, will see lower rates of growth over the next three years………………………………………..Full Article: Source


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