Does anyone think we will see any capital gain over the next 1 - 2 years?
With all the new estates I am wondering if there will be any upward movement in prices!!
My property is in the Vantage estate if that helps...
Cheers,
James
Not sure if I would go as far as claiming that prices won't move or drop, but there's definitely signs around the place that things are cooling down here. I know a couple of coworkers who are still trying to sell their homes after being on the market for over a month, and another coworker managed to snag a 4 bedder for a price you'd expect to pay in Gracemere (in an established area, not one of the new estates)!
It probably doesn't help either with all the workers camps are now opening around Gladstone and Curtis Island, nor the job layoffs at QAL and Boyne Smelters.