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Boom times, yes. Perth at one stage would you believe around peak 2006 had same median as Sydney's median, hard to digest this, was during those heady mining boom days. Just shows you what a boom and a bust cycle is all about.

Delta Melb median $669k as this market is booming I would not be surprised if it hits 700k at the end of this year? While Perth median is currently 550k and falling, so would not be surprised if median of Perth falls below 550k. I think investors are actually buying interstate, where they see...

Problem is it is difficult holding development sites, you need deep pockets. There were a couple of posts from various members who were building way north, the suburb escapes me now, but the figures stacked up for these people. Now we are starting to see prices of development sites fall...

Not just developments sites, I mentioned this because that has been my focus and perhaps the sites have had exceptional growth. However I can also say that units, villas close to the city during this period achieved similar results with multiple offers, I know this because my g/friend was trying...

Beg to differ, I live in Perth. I know my properties in Perth during this period on average rose 30%+ and I know investors from Perth who also experienced similar scenario. This is end of 2012-2014. Why?because developers started to jump into the market and buying up big, suddenly there was a...

Yes, I agree, does not have to boom, also makes it easier to purchase development sites.

I don't follow stats because they are too easily manipulated and I frankly don't understand them would rather follow what is actually happening on the ground and keep it real Perth market rose from 2012-14, market is now going sideways, boom again ?well not unless something dramatically...