Common sense would say, dont expect 25%PA increases next year when IR's are on the up.
Recently the property has been very hot in Melbourne around my area (southeast). Some of the property has gone up 20% in the last 9 months. Is it still a good time to buy in or we should wait for it to cool down.
I am seeing more stock on the market in Sydney too. Gee you'd hope so too - the little that was on the market during winter got snapped up and prices rose because of stock shortgaes. Spring traditionally sees more stock on the market as people hold off during winter. However, the good stuff is still being snapped up within hours or 1 day max.I have noticed more stock on the market, perhaps we will see prices continue to rise
I agree with you - that is my gut feeling too. Time will tellI believe we are in the early stages of a property boom
Yes. Property we have purchased for clients has gone up min. 10% mostly in the last 6 months.good time 6 months ago, good time to buy NOW.