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    Sydney Market at top - calling a severe correction in 2018-2019

    If labor is in power tomorrow or in 3 years later, investor tax is re-introduced again. Then, the market will turn without any changes on fundamentals.
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    Sydney Market at top - calling a severe correction in 2018-2019

    is conflicting to: I cannot see both are going together. The Sydney property market will crash if interest rate is more than 6%, but what happens if IR is going down bellow 1%, with A$ down to 60US cents, by year 2017?
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    What happens during a recession????

    Why not go to onthehouse.com.au to check the price history from the end of 2008 until today? There are plenty of similar cases in Sydney. For example, I am told that the houses close to Epping railway station was selling 1M not long ago. They are selling 3.5M now.
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    What happens during a recession????

    Tungarra Road, Girraween. It is 1223 sqm with zoning changes, 8 units can be built. Just search the price history in the street and you can get the results. There are some lucks here as well because the houses in another side of street have no zoning changes. They cannot be sold in a higher...
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    What happens during a recession????

    I did spent about 100K to buy a 499K property during GFC. The capital gain for this property is over 1M today. Now, like See-Change, I am selling one property and hopefully have 800K to 1M cash on hand.
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    See Change and Richard Feynman . let's hype the sydney market thread .

    I think they are seriously looking for it during last few months in Parra, Westmead, Mays Hills with walking distance to train station. They saw the price is going up from under 800K to over 1M in very short period. And they known those houses were selling around 500K few years ago.
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    See Change and Richard Feynman . let's hype the sydney market thread .

    I don't think there is any zoning change.
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    See Change and Richard Feynman . let's hype the sydney market thread .

    My friend failed to secure any property in areas between seven hills and Parramatta again on last weekend. His budget is about 1M mark. He was outbid at Westmead which is a normal single story house, but was sold for 1.3M. Simply, not many houses for sale in Westmead area. I hope he can...
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    Rate reduction to cash strapped residents

    I believe after selling the rezoned home and bought the one on next street, it should still have at least 30% of fund left.
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    See Change and Richard Feynman . let's hype the sydney market thread .

    What do think this block of land is sold in auction for A$966K at Westmead today? The first bid was 800K. An elderly in the local was very surprised for this bid and said the bidder has no brain.
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    See Change and Richard Feynman . let's hype the sydney market thread .

    I would like to live in Parramatta rather than Chatswood for many reasons: My wife can walk to her shop, church and Westfield; I can walk to Wanderer home ground and easily get into the train station to everywhere in Sydney. Can Chatswood provide all of those? Second airport is in Western...
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    See Change and Richard Feynman . let's hype the sydney market thread .

    I think those auctions will push up parramatta price up to 1m. Before the auction, everyone including the agents, vendors and buyers are expecting around 900K. Now, my friend and many other buyers are preparing to pay 1M in order to get into the area. Vendors should get the information...
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    See Change and Richard Feynman . let's hype the sydney market thread .

    I will sell one next year if the price is right.
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    See Change and Richard Feynman . let's hype the sydney market thread .

    My friend is bidding two properties today and is outbid in half way: Property one in Mays Hill. Similar property was selling 800K weeks ago. But this one is sold 1.01M in Mays Hill. Property two in parramatta is sold 1.235M today. The reserve price is 900K only. Parramatta and its...
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    Termite damage and structural issues

    I have about 5 or more properties got termite damage.
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    Metropole Property Strategists

    Why need a buyer agent? The step bellowed is much better than a buy agent mentioned in this thread: 1. Go to NRMA to get a map of Brisbane/Adelaide; 2. drop a dice into the map to see where it lands. This is location you are going to buy. 3. Go to realestate.com.au to pull all cheap...
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    How do you see Sydney's Western Suburbs Growing into next year?

    Hi, Tenex: I will never have your question in my mind. However, to answer your question, we need to know how RBA is doing in Interest Rate as well as the mentioned new lending rules for coming years. Obviously, nobody can answer the last question. There are always some developers...
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    Buying interstate.

    There are few threads talking about the procedure of buying interstate and I have contributed some of them. Always easier to find a good deal if buying in the quieter market and much harder in the hot market.
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    Peoples thoughts on Adelaide?

    Hi, hobo-jo: I notice that you have very contrary views comparing to many others. I am an extreme contrary person too. I get into the market at least 2 years earlier than See-Change. However, I have got lost about your successful story/strategy in your investment. It would be nice if you...
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    See Change and Richard Feynman . let's hype the sydney market thread .

    This is a excellent article: 1. All cities have about 8% growth in 15 years -amazing figure; 2. Hobart, Adelaide and Brisbane shows the best buy now due to higher sale volume up comparing to last year, current price is lower than previous peak and it has no/little movement for 5 years.
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