(1) To sum it all up stats are often used selectively to prove a point.
(2) Spring is here. I still expect a little surge.
(3) Short term behaviour is always erratic.
(4) Lower end affordable housing in capital cities should be a pretty safe bet.
For SMSF's invested in residential pproperty long term returns should be at least 8%. Allow 4% for capital growth and 4% lease income (rent). This is a pretty good and stable return and a respectable alternative to the equally well or slightly better performing but much more volatile share market.