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  1. ffc1883_1996

    Melbourne Outer Suburbs - Waiting For The Ripple...

    Hi Dis, Great article! Wife and I normally have a laugh at the cr@p written in the Sunday Herald Sun about Melbourne’s property trends. I didn’t realize that The Age could be just as hilarious. Fortunately, when it comes to investing, we pay more attention to value, growth and yield and...
  2. ffc1883_1996

    Melbourne Outer Suburbs - Waiting For The Ripple...

    Good question MTR. Unfortunately I have no anecdotes to offer regarding Melbourne's inner suburbs but an agent in Ringwood East told me last week that housing is still booming across all price ranges despite higher interest rates and despite last year's big gains. She said she has worked in...
  3. ffc1883_1996

    Melbourne Outer Suburbs - Waiting For The Ripple...

    You seem pretty sure that the gains attributable to the inner suburbs in 2007 are sustainable. Canterbury: 27.1% growth in Sep07 quarter Malvern: 44.4% growth in Sep07 quarter Hawthorn: 8.6% growth in Sep07 quarter Are you confident that there was absolutely no emotion and...
  4. ffc1883_1996

    Melbourne Outer Suburbs - Waiting For The Ripple...

    I think you should be able to find an established house with a backyard in Narre Warren at a reasonably affordable price. This would probably lend itself to better growth and quicker resale because it's not really a townhouse area (more of a Kath & Kim area).
  5. ffc1883_1996

    Melbourne Outer Suburbs - Waiting For The Ripple...

    Mount Waverley, Mulgrave and Dandenong all showed excellent growth in the Sep07 quarter. Maybe Hallam, Narre Warren and Berwick could "go-off" soon??
  6. ffc1883_1996

    Melbourne Outer Suburbs - Waiting For The Ripple...

    I recently spoke to an agent in Ferntree Gully who told me that houses that were selling for low-mid 200s at the start of the year are now selling for almost 300k. I was scheptical at first but we was able to show recent examples. I had our Heathmont PPOR independently valued last month and...
  7. ffc1883_1996

    Melbourne Outer Suburbs - Waiting For The Ripple...

    We invest in Melbourne's outer east (Maroondah and Knox) and there seems to be a mini boom at the moment - with first home buyers and developers falling over themselves to buy any stock that hits the market. Suburbs like Wantirna and Rowville were settled by young families 25-30 years ago -...
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