Australian residential real estate prices will add 10% to 15% this year.

This is an estimate made by Craig James, the first asset economist at CommSec, to wait and see on the 2008 investment market.

In contrast, most stocks in the stock market, its revenue growth, will be only 3%.here is Shops for sale in Gulberg Lahore are available. James said the poor stock market returns this year will encourage investors to focus their investments back into the residential real estate market.

The housing market in Australia was active in 2008 and the rate of increase in value added is expected to be above mid-to-upper levels.

He said. "Looking at the rental prices in the property market, the rental price in 2008 was the highest level in about 20 years, and the rapidly increasing population in Australia will continue to exert additional pressure on housing rental prices. According to Australian population roots According to the statistics of the Bureau of Statistics, the total population of Australia will grow by 1.5% to more than 21 million in 12 months from September to September this year, the fastest growth rate and the highest growth rate in 18 years A year. "