Search results

  1. B

    Will the Sydney median house price reach $1 million by the end of 2015?

    I don't see how the US "bouncing back" is going to help Australia in any meaningful way. Western Australia is going backwards, Ford/Holden closing down + all associated businesses are closing down which will wreck havoc in Victoria/SA in 2016+ and NSW besides finance has nothing going for...
  2. B

    Will the Sydney median house price reach $1 million by the end of 2015?

    In the last cycle we boomed in 2003 with prices staying stagnate until after the GFC when Rudd stimulated and there were low interest rates. I think Sydney is heading close to that stagnate stage. The problem this time though is that economically were are in a worse position and holding onto...
  3. B

    Will the Sydney median house price reach $1 million by the end of 2015?

    That is correct to a degree, but if the top end does not grow a bunch of middle suburbs cannot push the median above the $1,000,000 mark. It would effect the average but not the median. Again whats going to push those properties that have just gone from $900,000 - $1,200,000 to a further...
  4. B

    Will the Sydney median house price reach $1 million by the end of 2015?

    Out of curiosity besides the previous growth being a precursor for future growth, what is going to drive the median price across all of Sydney further higher? I understand some pockets doing well but will the city as a whole rise?
Back
Top