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What do you think will happen with Essendon and Moonee Ponds prices? "Essendon tops the list of Melbourne suburbs with the highest demand in the quarter with a 22 per cent increase, from $709,000 to $865,500. Do you think Essendon will see even greater Capital Growth as in 2007 or will it...

Have to agree, the SE is to going really see great Capital Growth.

No, Im saying that these houses were listed for auction you could say 6 months and and has been from the internet and then listed again on the internet so it dosent become a Dummy house and now relisted for far less then what the vendor was asking for 6 months ago. There have been many...

Hi Harris, You say that none of the prices have come down, I know of 2 houses in toorak which they have lowered one by 500k plus and these homes are still on the market, and there are plenty more out there that they come down in price after being passed in at auctions.

Im assuming your talking to about will we see the same Capital Growth as last year, yes and no. No one can really answer that question, as who really knows whats going to happen this year. I do know that alot of people with 10km of the CBD are expecting and they can keep continuing to expect to...

I think alot of people within 10km of the CBD will expect to see the same growth as last year in 2007 countinue on to 2008 which I doubt strongely will happen. The ripple effect will continue now 10-20km from the CBD were you will see good capital growth and see less buyers willing to pay prices...