ANZ Property Outlook

[Bushy]

For your information, ANZ Property Outlook Jan 2008
http://www.anz.com/Business/info_centre/economic_commentary/Property-Outlook-Jan-2008.pdf

Regards Bushy

 

[Ausprop]

now that's an interestign read!

 

[buzzlightyear]

Houses are like bananas! I like that one.

 

[Rob Williams]

Nice one. Thanks for sharing with the class

Rob

 

[Kennethkohsg]

Dear All,

1. While capital growth for the Perth Property market has fallen significantly down to 2.8% through the year as at Sep 2007, Paul Braddick/ANZ remains optimistic that the Perth property market "should see robust growth return towards the end of 2008", in view of its underlying housing fundamentals.

2. ANZ also reported that the Sydney median house price has risien between 5.2%(ABS) and 7.3%(Residex) over the year to Sep 2007, with strong growth being reported in its inner CBD and the Eastern suburbs and a 19 years record low 1.4% vacancy rate.

3. Housing markets in Melbourne, Brisbane and Adelaide are said to be booming at 17.8%, 11.5% and 16.2% respectively over the year to Sep 2007.

4. For your further comments and discussion, please.

5. Thank you.

Cheers,
Kenneth KOH

 

[Noeyedear]

Dear All,

1. While capital growth for the Perth Property market has fallen significantly down to 2.8% through the year as at Sep 2007, Paul Braddick/ANZ remains optimistic that the Perth property market "should see robust growth return towards the end of 2008", in view of its underlying housing fundamentals.

2. ANZ also reported that the Sydney median house price has risien between 5.2%(ABS) and 7.3%(Residex) over the year to Sep 2007, with strong growth being reported in its inner CBD and the Eastern suburbs and a 19 years record low 1.4% vacancy rate.

3. Housing markets in Melbourne, Brisbane and Adelaide are said to be booming at 17.8%, 11.5% and 16.2% respectively over the year to Sep 2007.

4. For your further comments and discussion, please.

5. Thank you.

Cheers,
Kenneth KOH

As someone who is looking at buying their second IP in Brisbane at the moment. I can say that if it is not booming it is doing a pretty good impression. Any thing that looks ok on the net is gone when you ring up about it.

 

[dave99]

Thanks for posting this Bushy, always a good read.