First home buyers rush back to the property market

nope - don't believe that for a second sorry.

i'm on the ground here in Perth and i can tell you it's still a ghost town out there....
 
I was going to say as well Belu, looking at <$350K in Melbourne as well.
Second OFI and the property is gone. We were told it went for the top range of the Set by sale date price and not to bother submitting an offer as he didn't want to waste our time.
 
Not too sure whether this is true or not, have no idea, but I reckon, that timing wise, now isn;'t too bad, but there seems to be worse around the corner!!
 
I'd agree with comments made about Melbourne burbs under $350k.

My PM told me their Carrum Downs office just had the busiest month for sales on record (10 years). It hasn't translated into higher prices though... so far...

Also had two close friends buy their first properties, both FHOG's. Frankston unit for $250k, Belgrave house for $330k. My brother (Belgrave) said there is of crap on the market but anything good gets snapped up in 3 days.
 
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