I have been to seminars by property agents and promotors, where they say that property is a sure investment because property prices double every 7 to 10 years. CoreLogic debunks that "rule".
"Melbourne is the only capital city housing market in which home values have doubled over the past decade. In fact, many cities are a long way from having doubled with values in Brisbane, Adelaide, Perth, Hobart and Canberra having all increased by less than 50% over the past decade."
See CoreLogic Report