Recent content by Tim

The article I posted says it all, which is whatever you think is occurring now needs to be taken into context against much longer term indicators.

Or invested in stock!

Also the only 'bubble' I see which is not really a bubble at all is Sydney, but the concept of a bubble within a bubble by using history is interesting

This is more along the lines of a bubble within a bubble. The buzz word of a bubble now is IMO premised on fundamental factors used for measuring value of property but against a backdrop of a 5.5% since 2010 (nat av) drop in property values since their last peak

This is interesting, it suggests research indicates we are in a long term property bubble http://www.macrobusiness.com.au/2013/09/the-history-of-australian-property-values-redux/

Some great replies here - thanks. Before the last boom prices in Pottsville were low, as in the first unit I bought was $86k and it tripled in value in 2 years. I now see the current price as being flat again and likely poised for growth - but who knows when. if the prices of these units...

To be honest I am not particularly concerned I am more curious that a solid 10 years has passed with no capital gain which I think is curious and means the concept of doubling every 7-10 years is not applicable in the short term, possibly it is over a 30 year period. If this is true then in...

Thanks China for the reply - I am not too familiar with that part of NSW but I can easily imagine it being the same, so possibly longer cycles, but that would suggest it can't be that long until the wave moves up from Sydney, possibly a few years at most?

Thanks for the replies - interesting. Tim

I have units which I bought in 2000 or so in Pottsville NSW for a song - they quickly went up and during 2003 prior to a downturn in property in that area they were around $260-280k. Its interesting that they are still below this figure and I cannot help but think that they simply wont stay...

How times have changed....

See Change I think you may be on the money with this being reminiscent of early 2000's - I was never a great poster here but read lots and joined early around 2003, it's interesting to see some of the old names still here and yes, I came back for a look to what others were saying about...

Applies to rentals too...

Jamie I have had a property in Eagleby for 14 years and properties in Beenleigh for several years. I have tried quite a few agents. IMHO, Rental HOtline (based in Springwood) are excellent, you actually get property reports, they are reliable, you get actual management Tim

Funny you should say that because I have been thinking just that lately - consider Australia's immigration policy and population forecast and the reality is not far away