This is the time to get out of property investment in South Africa, rather invest in Australia where there is a continious growth in property prices.
House Price Growh March 2010 - March 2011
Sydney: 0.8
Melbourne: -1.1
Brisbane: -3.6
Adelaide: 0.9
Perth: -3.2
Hobart: 0.6
Darwin: 0.5
Canberra: 1.1
Not exactly scintillating growth is it? The 3 quarterly growth (Dec 2010 - Mar 2010) is decidedly worse.
