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  1. ffc1883_1996

    melbourne up 25% in 2007!

    An interesting theory - time will tell. Actually we might both be right, some outer suburbs may suffer and some may prosper. With respect, I think the link that you included in your post was really not news. It's a graphical representation of prices - not growth. I think you would be a little...
  2. ffc1883_1996

    melbourne up 25% in 2007!

    Hi Dis, No arguments here - Bayswater is an excellent long term investment opportunity. Nearby Boronia improved out-of-sight when the train station went underground ten years ago. Hope the money train comes to Baysy soon! The property that you mentioned in John Street is an oldish house on...
  3. ffc1883_1996

    melbourne up 25% in 2007!

    Do interest rate rises only effect households in the outer suburbs? Please tell my why a family who has a $350k mortgage in Wantirna would suffer MORE mortgage stress than a family with a $620k mortgage in Williamstown? Interest rate rises are only one aspect of the overall supply/demand...
  4. ffc1883_1996

    melbourne up 25% in 2007!

    Hi Redwing, I'm still learning too but I'll have a crack at answering your question. Your friends would actually be hard pressed to find a suburb in Melbourne that hasn't grown at approx. 10% annualised for the last decade. So, for the long term investor, the opportunities are vast. Some...
  5. ffc1883_1996

    melbourne up 25% in 2007!

    Sash, your post reminded me of this post by spiderman - a classic!
  6. ffc1883_1996

    melbourne up 25% in 2007!

    If you believe in the ripple effect, then... ... the time to buy in inner Melbourne's was 12 months ago ... the time to buy in middle Melbourne's was 6 months ago ... the time to buy in outer Melbourne is NOW!
  7. ffc1883_1996

    melbourne up 25% in 2007!

    We are also going to see the completion in 2008 of some major roads projects which will change the dynamics a little. For example... - Pakenham and Officer have been integrated with greater Melbourne. - Ringwood and Vermont will become only five minutes further out from the CBD than...
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