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  1. jingo

    Melbourne Outer Suburbs - Ripple Effect

    Giddyup, Giddyup!!
  2. jingo

    Melbourne Outer Suburbs - Ripple Effect

    Yes, it would depend on the type of property he bought too. I guess we will have to wait for his reply to find out further details about his equity gain. Regards Jason.
  3. jingo

    Melbourne Outer Suburbs - Ripple Effect

    JIT will no doubt answer this himself, but my guess is he bought: 1) When the fear of the GFC was at it's peak (ie late last year) and market sentiment was very low. 2) Bought below market value.
  4. jingo

    Melbourne Outer Suburbs - Ripple Effect

    I have a couple of IP's in an outer suburb of Melbourne. I noticed when looking at the area recently that nothing is available in this area under $300,000. That wasn't the case even a month ago! It's possible that the ripple effect may have already occured - although this is just my...
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