Search results

Hi Outwork Excellent outcome with Melb development, at least this is a safe market and nice returns. Watched TV the other night and interesting, small businesses closing up in various mining towns in North WA due to downturn. Also a business owner quoting 50% drop in his primary residence...

But this is where I have to disagree.... prices can most certainly go lower than $850K, we are talking "boom/bust" cycles, no different to what we have witnessed in Perth when the market went bust in 2007. In particular Mandurah, an oversupply of new product investors/developers offloading and...

I see this as a flawed strategy, the problem is even if you do this if values are dropping or even if they have hit bottom you are stuck with high entry level property which may not see any growth till the next cycle, could be 10 years away. It makes sense to play in a market which is either...