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just yield it yadreamin, prices can't stay so ridiculously low forever. Must be some of the cheapest real estate in the country

yes I still follow Mandurah, with rents around 6.5% it is still a great investment and I can't see much new stock coming on at current prices, so I think it is all upside from here. there was a capital growth spurt late last year but it seems to have given up some of that and softened a bit. For...

well my point in saying it is a balanced market is that at point it's neither a buyers nor sellers market, it is balanced. The market has been such a serious sellers market for so long now without any real world consequence that you have to wonder if it has much impact anyway?

not for buyers, I think a balanced market is about 18000 these days and that may be possible this year.

true, look at the median that was reported whilst house prices collapsed a few years back...it hardly budged

probably the Willetton high zone, if the houses are Willetton. It's the hot new catchment zone

possibly but that's why they cut IRs

surprised to see available properties heading south again, especially at this time of year. hopefully some more stock comes from somewhere....

not just WA - directly darwin and brisbane as well. The cash flow has funded infrastructure and budgets in the south east. Fortunately Perth is quite a diversified economy and a lot of this surplus demand was filled by external sources, however nationally it isn't looking good. The currency is a...

um ok... it's actually pretty good out there but if you want to take some pleasure from kicking WA for some reason then who am I to be the grinch... yes, it's shocking, oh the misery, I wish iron ore prices would go back, oh I wish oil prices would recover. I'm sleeping in the car, I don't...

correct and it is amazing that it has taken so long to even come close to a balanced market. More supply is needed but I fear that what is being delivered to the market is not what joe average wants anyway

it did about 10 years ago

supply levels remain stubbornly low. perhaps some apartment completions may help but it won't do anything to assist people looking for traditional style housing.

that second article is quite old but it would be nice to pick up some cheap apartments

yes you should be able to get away with a bit of over pricing whilst there is still a stock shortage. obviously as we get closer to when (or if) the market meets balance then the ability to get a premium price reduces. Realistically you would have to think we will see increased supply and...

? they are buying I am surprised the sellers market has remained for so long, I think achieving a balanced market is good for the market generally. Grief I hope we don't go to 20,000! that's moving into a serious buyer's market. having said that, look what the drop in listings did to...

TBH $500 seems more like the money

it's hardly offensive! yes you must be a prude :p

the composition of sales seems to have changed from the lower end to the upper end. On the whole tho I would say we might see a balanced market early next year, which I would fully expect. Circa 15,000

calling a downturn before the market has even reached balance is like saying at 11am on a hot summers day that it will be cooler tonight