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  1. Player

    Melbourne's Hot Property Market

    Must have the look and the motor size The AMG's and M's are breeding like rabbits (Easter Bunnies :rolleyes: ) out this way :D A case of mine's bigger than yours (motors) is very necessary as they aim to better each other's "zero to the next tram stop" time :p :D
  2. Player

    Melbourne's Hot Property Market

    Largely they don't. :confused: Leaving resi aside for a moment, I have posted elsewhere in another thread and too busy too hunt for it now, about a retail commercial property in Centre Road Bentleigh that sold earlier this month for double; twice; 100 % above the reserve price.....and it was...
  3. Player

    Melbourne's Hot Property Market

    Mind reader Bingo :) Have you been reading my mind:p ........what could be better than being your own bank to enable one to "pounce" and buy the next one cash unconditional (for some discount and concession) whilst others dillay dally on finance clauses and finance the new asset at...
  4. Player

    Melbourne's Hot Property Market

    Hey Maloo, not listed here on REIV site: http://realestateview.com.au/propertydata/vic/clifton+hill/index.html Perhaps look at the surrounding suburbs as it menions on the web page. I also looked in Herald Sun, not listed there either. Haven't look at The Age today.
  5. Player

    Melbourne's Hot Property Market

    Hey JIT I could be wrong, however the sales prices need to be gleaned from the SRO (for each specific state/territory) once title is transferred and (in most cases) stamp duty is paid on the purchase price.....this data then appears on the various research sites such as rpdata, onthehouse...
  6. Player

    Melbourne's Hot Property Market

    I am an investor first I can only don my investor's cap. Prices are determined by the market.....supply/demand forces and the emotion of the crowd. If OO's want to pay these sums then I am all for it. It means my not insignificant portfolio in Melbourne will escalate and could be time to...
  7. Player

    Melbourne's Hot Property Market

    Valuations for lending purposes ??? Here's a thought, or more of a question really.....Are valuers necessarily ascribing sold price (contract price) valuations for finance purposes regardless of the insane selling prices of late? Surely this must affect people's LVR's if the lender insists...
  8. Player

    Melbourne's Hot Property Market

    White hot You should be happy mate.....I smell some revals.....and offset stockpiling Agree on the heat. It is beyond red hot now. It's white and about to vapourise. :p I see no value in Melbourne for straight buy and holds now. Yields are stupidly low for resi and retail CIP's. It is...
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