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  1. Peter 14.7

    Is Mebourne Booming????

    http://www.echoice.com.au/servlet/HomeLoanInfo?pn=/homebuyercentre/preparehomesearch/melbournehousingmarket.html Comment from echoice loans on Melbourne. I note the vested interest. Peter
  2. Peter 14.7

    Is Mebourne Booming????

    I dont know about Melbourne but in Sydney prices have dropped 15% in the Inner City. On a median price of $600k that a good $90k. And when you consider the reno factor (improvements to property not considered in an apples to apples measure) it is probably more like 20% in real terms. Are we...
  3. Peter 14.7

    Is Mebourne Booming????

    Dear All I invested into IP property around 1990 and 2000 and many of my property degree qualified work colleagues said I was an idiot! They were all investing in a thing called the tech boom and going to retire rich! By 2003 when I was selling out of IP they were getting in and again telling...
  4. Peter 14.7

    Is Mebourne Booming????

    Agree with WW. Agents play a lot of tricks. Auction Clearance Rate for example. The day we sold via auction in NSW, march 05, the agents had six auction listed. 3 got pulled due to no registered or only one registered bidder. Ours sold. Assuming the other did not then did the agents...
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