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  1. H

    melbourne up 25% in 2007!

    Refer to earlier post - Inner get growth spurts like outer suburbs (one of those we just saw, one before started in 2000). Show me any 10 year period where inner suburbs saw a consistent 7-10% growth whilst outer lacked in that growth. I couldnt find any in the last 35 years of data. Yep...
  2. H

    melbourne up 25% in 2007!

    They are not more proven than outer suburbs... If you work for a bank/ completed study for them, surely you would give importance to numbers, stats, factual evidence, past trends, etc.. ? Based on all of those, outer suburbs have never lagged behind inner in capital growth and in most cases...
  3. H

    melbourne up 25% in 2007!

    typical...! The chart in the link demonstrates what we have already known since eternity... Melbourne's prop value for inner suburbs are higher than median and outer suburbs are below median..! :rolleyes: What's the big revelation..? And lets ask you some more details about your...
  4. H

    melbourne up 25% in 2007!

    The key difference this time compared to the stagnation period you are talking about back then is the following: - Never before in the history, the inner suburbs have experienced the meteoric rise in value within such a short time frame. The outward spiraling of the ripple must hence be...
  5. H

    melbourne up 25% in 2007!

    I understand the difference between median and mean and was actually referring to anomalies in higher median values. Median values can also be dramatically skewed in a quarter where say out of 100 prop, 75 of those were very high value properties relative to that suburb. In the following...
  6. H

    melbourne up 25% in 2007!

    And the increasing yields will become catalyst for attracting investors who are nervous about investing in inner suburbs due to the recent massive growth and lower yields. For the inner ring to become attractive again to investors, there must be an increase in the rental returns by over 30%...
  7. H

    melbourne up 25% in 2007!

    There could always be exceptions.. I have not heard from anyone re values in inner melbourne actually coming down. The consensus amongst all stakeholders is that inner is still strong. Harris
  8. H

    melbourne up 25% in 2007!

    None of the properties in those suburbs have actually come down in value. This is the settling down effect, where the anomalies get adjusted for any quarters where the high value properties were in majority for the number of properties sold. Malvern median increased by 90% in 12 mths to Sep...
  9. H

    melbourne up 25% in 2007!

    I disagree... Melbourne has more to it than just inner blue chip suburbs. I bet my bottom dollar that Melbourne will perform well in 2008 (excluding inner) and the increase in values for most middle and some outer suburbs will be as steep as it was for inner in 2007. This has happened...
  10. H

    melbourne up 25% in 2007!

    With the highest growth of any suburb in Victoria in the past 12 months, I wouldn't be looking at Kew at this point in time (even though I have a prop there that I purchased in 2002). Very low rentals yields for a new acquisition coupled with doubling of prices in the last 3 years; ... and...
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