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  1. R

    Zero growth Regional property for 5+ years

    Yeah I think there will always be ways to make money in any market. In my area I reckon simply buying and holding now is too risky. If I had to buy now I'd be wanting some good subdivision potential as insurance. When vendors start greeting me at the door with champagne again I'll know it's...
  2. R

    Zero growth Regional property for 5+ years

    I wouldn't be too concerned with the situation you've described. As you say, that doesn't sound like a bubble at all. I start to worry when things seem like they simply can't get any better....and then they do...... again and again. RC
  3. R

    Zero growth Regional property for 5+ years

    Thats the first I've heard of it. Haven't really noticed a sell off happening up here. It does concern me a bit though, will be looking into it further. RC
  4. R

    Zero growth Regional property for 5+ years

    Exactly. Tripled values from 2001-2009 is probably closer to the norm than the extreme. The extreme examples are far greater as you say. Commision houses that were sold for $20,000 in 2001 are now worth $220,000. House blocks in a lot of the smaller towns have gone up 5 to 6 fold...
  5. R

    Zero growth Regional property for 5+ years

    Yes it would. That's pretty much what I'm tipping. Regional to stand still for quite a while and Sydney to keep rising to balance things out. Regional falling and Sydney remaining stable would also correct things. Either way it's not looking too good for regional in my opinion. RC
  6. R

    Zero growth Regional property for 5+ years

    By 2003 things were moving, it actually started in 2001. I'm not saying all areas have tripled but it's not hard to find houses that have tripled in that time. I have personally experienced house prices triple in Armidale, Guyra, Walcha and Uralla between 2001 and 2009. I would suggest that it...
  7. R

    Zero growth Regional property for 5+ years

    Well, that's my prediction anyway.:o Be interested to hear if you agree or disagree and why. Obviously "regional property" is a fairly broad term so I'll narrow it down to regional NSW which is where I invest. Of course there are always markets within markets and there may be a few...
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