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+3 it's unprecedented that HE, Sanj, Aaaron and myself are all agreeing I thought your comments on Mosman Park were spot on

why? these areas should grow strongly around 7%.. plus some catch up to get them back to trend growth. It should at least double in 10 years

yeh you lost me a bit on this one Aaron, tho I can kind of see your point with Dalkeith - I wouldn't chose there because it is basically just suburbia in an ok position. What areas do you suggest are better?

with dollar trending south and perth prices at bargain rates, this is the time to work or do business overseas

is this sufficiently bedded down to discuss on here? just wondering where you saw value in cbd. I know rents went on a roller coaster ride on cbd arpartments

I think what we are saying here is, places like city beach (which was one that copped it really hard in the gfc) dropped 20-30% ex gfc, then have recently dropped a further 20% from market observation, so we are about 40%+ down on pre gfc levels. applecross and Cottesloe were the 2 others...

could be, I just go by what I see driving around. One came up recently and sold quickly, can't think of anything else close to my place that's for sale now. Then I look at re.com and flick thru the pages and see what isn't under contract. Interesting feedback on the other suburbs. Dalkeith...

Claremont .

I'm confused, the post said it was from a local agent, just saying what they said. where are you seeing 20% drops? Western suburb prices have barely moved since the GFC slamming nearly a decade ago, a further 20% would be an incredible buying opportunity

I didn't write it. They are reporting big increases. 20% drops is not in line with anything I have seen around my area tho, in fact there isn't much stock at all and what is there is moving quite quick

I think this would be more accurate if you did a global replace of 'Perth' with 'Australia'

it's congruent with an email an agent sent me during the week.... Gordon has noticed the first signs that the real estate market in the Western Suburbs is picking up. These are: 1. The number of potential buyers coming to home opens or enquiring has doubled or trebled this...

totally agree. and Perth

how can 1 sale and 2 purchases be bad for the market? I'm being a little bit silly... in reality I think it would have a small positive influence on the market. Eventually the new singles will flatshare, travel, recouple etc

on the contrary, divorce is awesome for the property market. increased turnover and a doubling in household formation

It's not just Perth tho, FIFOs were coming from all over, I think half of Brisbane and NZ was FIFO Pilbara. Reported that the south west population is expanding on the back of returning FIFOs. Is there any evidence for all this talk? How many FIFOs were there and how many have lost their jobs?

it would only be hypocritical if I said everyone should be informed. If anything it was conciliatory

I was referring to the 'mining boom' and house price appreciation

no forecast slowdown. The mining thing is a bit of an 80s cliche from eastern staters - I'd say if Perth is all about mining what do they do in Sydney / Melbourne...nothing? I actually have no idea how they keep themselves busy but they do. Anyway it's too hard to argue otherwise, just go with...

I dread to think what a median house in Sydney even is