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to be honest.. The hope of owning my own house is VERY slim for me..... Just feel depressing.... even to own an investment in a blue chip Sydney is starting to fade away.... I don't know how many people can do it!

Agree with you mate :) Only if there's a significant economic hit in Sydney. But i guess the 2 bedder unit in bondi, coggee, Kiribilli is so popular and there's not many new supply available, so price increased is slow but sustainable. I wish i can afford an investment in blue chip :(

Yes i believed the Top end of the market is pretty volatile right now. However this is probably applied for anything over 2-3 millions. I don' think if you purchase 2 bedrooms old apartmen in blue chip suburb (say near mosman, bondi, coogee, etc) for 800-900k can drop significantly. I've...

Seriously how can anyone predict a GFC ?!?!?!?! Westpac predicting that Our economic should be recovering by the end of 2015. If you know GFC is coming or as predicted by R.Kiyosaki a "world deflation", might as well sell everything now and just cashed everything up ? Who knows your property...

Correct, Top end of the market is probably the most volatile IMO. Also looking at the Bottom end of the market (i.e some regional area) is probably come after the Top end of the market in term of volatility, where most of the ownerships are Investors chasing after high yield. The Middle of...

My best advice is don't buy any Off the plan in Sydney now... And secondly if you're planning to buy and hold for a long term, you should look at how you can service your debt or negative cash flow when interest rate rises. Also study the area and look at the demand vs supply. Look at all...