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Yes, you are right. I may have some of my dates wrong, but it was some time ago now and I reside in Perth. From memory I thought it was around 2008-2009, anyway, regardless I jumped into a boom cycle in Melb. It certainly was not only inner city that went nuts. I purchased 4 properties in...

Melbourne then and now Hi Everyone This is a blast from the past, the last very hot/booming Melb market around 2007/2008, boom started with inner properties skyrocketing and record auction sales, followed by the ripple effect to middle ring etc and then a couple of years where the Melb...

Hi Jason thanks for the update. Coburg property sold very well considering the size of land component, very nice reno though. Cheers, MTR

Hi Jason Thanks for this great thread, I would still be interested in knowing whether the inner city market in your opinion is still hot. Since purchasing in May I have experienced a 20% increase for my period home in Coburg. I recently contacted local agents for Brunswick/Coburg. I was...

I am wandering what this property will be worth in 5-7 years time, I imagine down the track the purchasers might say "we got a bargain, or we purchased well". Lets face it "blue chip", can't really beat it, boom or gloom always seems to bounce back.

Thanks JenD, amazing result from that quoted. Did anyone else attend any auctions?

Can any locals provide an update on auctions attended for this w/end, I am particularly interested in inner north. Thanks guys.

Hi Jason that's amazing price, cute home. I am curious do you think it was an investor who purchased? Did you get any idea on the mix, in terms of buyers at the auction? I would like to know what is driving this market. Maybe everyone has discovered what a great place Melb is. Cheers, MTR

With recent events I am watching this market for any changes, auction clearance etc. Could locals please keep us posted. Cheers