Search results

I think people who are currently invested in the Melb market and are meeting their loans without any problem won't be affected if the bubble bursts. (Especially those who have been in the market for a substantial period of time). For those with exposure to the Melb market, now is an ideal...

True David. I hear they are now going for over $700,000 in Toorak - is that correct? Regards Jason.

Actually, it was $583,500 - which makes it even more absurd!! :eek: Spoke to an agent from the area today that I know fairly well about the sale of the flat in Haines St. Even he said ' this is crazy!' Will be interesting to watch the market now and see what happens. As player...

Don't think the sale registers until settlement. Could be wrong though - does anyone know this for sure? Regards Jason.

As an investor, I wouldn't be buying any more in Melbourne at the moment. The yields don't stack up at all! Take that flat that sold today. It would be lucky to rent for $400 per week in the current rental market, which is a little sluggish in this area at the moment. (How do I know? - I...

I went to an auction of this 2 bedroom flat with a carspace today. http://www.realestate.com.au/property-unit-vic-north+melbourne-106341122?tm=1269666802&c=88773587&t=res Last year, it would have been possible to buy this for around $380,000 - $400,000 or so. Today, the price was...