Double trouble for the Australian Property Market?

It is no secret that property values have dramatically increased in the last 10 years. So much so, that some commentators are saying that the Australian Property Market is experiencing a property bubble and a “burst” is coming. In this episode of Today show, Bryce Holdaway was asked to give his opinion on these questions:

• which city has seen the biggest growth?
• what caused the increase in value for some cities?
• will this double digit growth continues?
• which city is potentially the next hot spot?
• will there be an increase in interest rates and how much will that impact the property market?