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I'm glad to hear other people's opinions and am certainly receptive to all your ideas and thoughts. Keep it going!

OK, happy to concede 30-50% may be an overstatement for ALL houses in these suburbs, but I have definitely seen an increase of at least 30% in many of the high end ($1.5 million+) homes in these areas.

No unfortunately this is true, for suburbs like Camberwell, Kew and Balwyn in Melbourne.

I think Melbourne has been affected the most due to the high number of overseas students studying here. Education of overseas students is a major industry in Melbourne (perhaps more so than any other city in Australia) and I believe many cashed up parents of these overseas students have been...

The tightening of FIRB rules applies to the whole of Australia, however is likely to have the greatest impact in Melbourne and to a lesser extent Sydney where prices in blue ribbon suburbs (the target suburbs) of foreign investors have increased by 30-50% since the initial relaxation of the...

Interesting times indeed. I am glad the government has finally come to its senses and reversed the insane relaxation of FIRB rules for foreign buyers. I believe this will have a MAJOR impact on house prices, particularly in Melbourne's Eastern suburbs and we will see a definite plateau or more...