Delta your obviously very cluey but sometimes you need to take the blinkers off
Altona didn't see a boom?
Pretty sure where I live prices practically doubled between 04 and 10, come off a fair bit since then though
Bentleigh, Prices have probably tripled in the same period
A rising tide floats all boats , unless it's a fringe suburb with plenty of land supply
Yes some will be floated better than others but as you can see by the bentleigh example there are no hard and fast rules to what will be the best investment
Yes, you are right.
I may have some of my dates wrong, but it was some time ago now and I reside in Perth. From memory I thought it was around 2008-2009, anyway, regardless I jumped into a boom cycle in Melb.
It certainly was not only inner city that went nuts. I purchased 4 properties in Broadmeadows absolutely "on the nose" with locals but one of the best performers at the time. I also put together DA for 8 unit site and also a period home in Coburg they were all booming areas and lots of fierce competition.
MTR