I purchased a house in Mitcham in December, 2009 which stands in the middle of a ~700 Sq. Meters land. Its a corner block and the house is road facing. There is ample empty space on the left and right of this house.
It was sold to me as a Unit, as the builder would construct 2...
Is it really booming again?
And how about the house in Ringwood - "And a three-bedroom brick veneer in Ringwood sold for $701,000. It was on the market at $500,000."
I think this spells great things...