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We all know that Australia has the highest home ownership among the western countries (85%?). Therefore, in order to sustain the rental market, you need new blood to RENT places so that the property investors can get their cashflow, so I'd have to say immigration (along with the birth rate of...

Aceyducey, I'd have to say most migrants don't arrive in Australia empty-handed. Coming from Hong Kong myself, I know most HK and Taiwan migrant families come to Australia with more than a million AUD networth, and used to pick up realty left and right, all-cash, when the exchange rate was...

Where do you guys think A$ will be moving? If the Aussie realty market were to be reliant on new migrants and visitorsto rent and buy (since most established Aussies are owner occupiers anyway), A$ has to soften for the A$ denominated realty to keep going up. Most people, prior to getting...

I still have a price list that I obtained 12 months ago for some inner-city unit developments. A couple of them were just completed and ready to move in. I am seeing units from these completed projects listed on realestate.com for $30K or so lower than the first-hand list price. For one extreme...

Haven't seen a free fall in Brisbane. But definitely saw quite a few units (more than 10) in inner city repriced at 30K t0 50K lower than what they asked for 2-3 months ago. In fact, some of the units have been on the market for more than 60 days, and obviously not moving.