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  1. L

    Where are we in the current Sydney property cycle?

    Thanks Tess. I get a total of $33Kpa tax free ($22k from the gov, $10k top up from the unit). Plus, I do some casual contract work as a research assistant for my professor, max of one day a week, due to stipulations of the scholarship, so that's another 10K. I agree - difficult starting a...
  2. L

    Where are we in the current Sydney property cycle?

    Yep, I mean the next peak (all time high), followed by the next trough (low), which after some time will then go on to break this all time high. My strategy is to purchase a good quality unit in the inner west or eastern suburbs, and take advantage of the capital growth that will occur over...
  3. L

    Where are we in the current Sydney property cycle?

    lol...no, I've never met him. Although he is now being quoted in papers as from UNSW...so I think he's jumped ship! ;) Ha-ha! Yes, hopefully I'm an independent thinker!! Although, the focus of the PhD is not so much about the economics of property markets, rather it is about understanding...
  4. L

    Where are we in the current Sydney property cycle?

    Thanks BV. :) Gives an interesting new angle to the figures. I was highlighting what happens to the property market after major stock market crashes (1987, 2000, 2008?). Agree. IMO keep to areas with a good mix of owner occupiers and investors. Sounds about right. Part of the natural...
  5. L

    Where are we in the current Sydney property cycle?

    Hi Stuart, Great post. A 70-80% rise in value would be fantastic. :D It's interesting that you have mentioned this figure. Here's some more data: - After the stock market crash of 1987, property prices grew by double long term average (20% each year); between December 1987 and December...
  6. L

    Where are we in the current Sydney property cycle?

    lol... Thanks :D I am nearing my third, and final year of my PhD, with the completion date marked for April 2011. Currently, mid way through interviews, which will be followed by the write up. Plan to do this while building up my property portfolio - so it's great to be an insider to the...
  7. L

    Where are we in the current Sydney property cycle?

    Hi guys, Well, it seems that there is a high probability that property in Sydney is set to grow in value again this year, with predictions from some commentators that we will be seeing capital gains of anywhere between 5% to 20% (IMHO we will see at least 10%+ growth). However, I have...
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