Search results

Anecdotal, but also just sold at a 20% increase in 12 months, in St James.

+1 Buyers are lining up at the moment. Get in while the gettin's good. Just sold a house after it's first home open, 4 offers, final sale price was 5% above asking. Mind you, we also bought into this market, and also paid above asking price. Both props within 10km of city.

I think people in that vicintiy are realising that it's cheaper to buy in that area than it is to rent. It would explain why it's so hard to buy at the moment. We missed out on a number of opportunities (out-bid) before securing something.

Will it? It certainly wasn't in the US after the GFC. What is "affordable housing" anyway? 800k inner city properties are affordable to alot of people. "Outrageous prices" is also a relative term. 400k for a house in Butler is equally outrageous. I could say that inner city...