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    Sydney Silliness Warnings 2015

    Any silliness warnings in Sydney yet? Starting to notice vendors that have owned property for circa a year putting them back on the market and doing quite well.
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    Sydney Silliness Warnings 2015

    OK, a summary of this thread so far. Early on in this thread not many warnings so I got the feeling that there was a fair wave to ride yet. 2nd half of the thread we have sash, see change and skater warning of caution ahead and the worm will turn soon but of course no one knows. Fair bit...
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    Sydney Silliness Warnings 2015

    I just achieved my goal of this thread - which was to get see change to post. Good advice too Cliff. Do you think we are seeing wide spread silliness yet though? I myself don't think so which is why I think we have a while to run yet especially if the trend in interest rates is down still...
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    Sydney Silliness Warnings 2015

    Not many older 1 bedders about. From year 2000 on they started to build a few 1 bedders. I reckon everything has a relevance factor. If a 2 bedder is selling for $800k and a one bedder is selling in the same market for 600k then when the boom is over and the two bedder is worth 1200k then the...
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    Sydney Silliness Warnings 2015

    No, but I know you are funny or try to be sometimes. Cheers.
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    Sydney Silliness Warnings 2015

    Yes, can see this happening easily. 1 bedders already go for over 800k.
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    Sydney Silliness Warnings 2015

    Hopefully can get a 1 1 1 in a complex of circa 12. Still could be possible to get a 2 bedder but no parking
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    Sydney Silliness Warnings 2015

    OK - We are going to have a go at buying in Sydney again. There seems to be a lack of evidence from this thread that Sydney is near peak. We are going to go Coogee again. We have circa $200k equity from our first purchase in Coogee 5 years ago. Probably tip in 60k cash as a deposit. Looking...
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    Sydney Silliness Warnings 2015

    Or if you have sheep - red sky at night, shepherd's delight. Red sky in the morning, shepherd's warning.
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    Sydney Silliness Warnings 2015

    Thanks for the graphs above Richard. Interesting.
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    Sydney Silliness Warnings 2015

    Well done skater. White hot is a good term and I'm glad you are in on the action. Yeah - I find it hard to guage from west of the sandstone curtain but from all the feelings I'm getting is that East Sydney really has not performed as well as the west and I'm wondering that if the catch up...
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    Sydney Silliness Warnings 2015

    Hey Biz, this is the information I'm looking for. Thankyou.
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    Sydney Silliness Warnings 2015

    Just had another thought re warning signs. In 2003/2004 was there massive amounts of OTP stuff happening? I didn't catch that boom so I can't remember. I am not seeing this in Sydney atm although there is a little bit of OTP hype creeping in. Is this a sign that we are still well below peak?
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    Sydney Silliness Warnings 2015

    We didn't vote twice. East has been slow off the mark I reckon. Inner west was going nuts for years whilst the east didn't move at all. East definitely been moving for 2 years though.
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    Sydney Silliness Warnings 2015

    This is what I'm trying to establish and then guage how far along the euphoric state curve are we. If we are just at the start of this curve what can we expect? Will it play out like the 2003/2004 boom? What are the signs? Are there any significant warning signs to watch for? Long term...
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    Sydney Silliness Warnings 2015

    So none of these warning signs are in Sydney yet? Hmmm - interesting. The herd is yet to act.
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    Sydney Silliness Warnings 2015

    To add to above we are seriously thinking of buying once more in Sydney. This would be a very short term trade while the hype is on. For example - buy a unit in eastern suburbs for say 600,000, spend 50,000 on kitchen and bathroom renovation and then put back on market in one year for 850,000...
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    Sydney Silliness Warnings 2015

    Is Sydney now starting to get too hot? Could it get hotter and then hotter again? With the experience of the investors on this forum I would like to hear of the warning signs of getting close to or past the peak and if they are starting to appear. I personally believe we have another 35% growth...
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