Units catching up on detached properties

From Rpdata.com’s national research director Tim Lawless: Over the five years to June 09, units around parts of Australia have rallied to take on detached housing for capital growth. Historically, home buyers and investors believed that houses would always outperform units, and that the underlying value of the land associated with a house is the real driver for capital growth. However, over the past five years Rpdata's results prove that there has been little difference between the two property types, based on the rate of capital growth