Melbourne's Hot Property Market

Hi All,

outer burbs hot also.......26 Waroonga Avenue Keysborough, reserve $390k...sold under the hammer....$452k.....busy road,
tired house.....wow!

cheers,

Nathan
 
The age today says Northcote up 35 percent past 12 months. Ill take that.

The funny thing is that if the market drops 35 percent over the next 5 years Keen will call it justification. For me it rubs out 1 year cao gains.

For the market to really tank i would need see atleast 50-60 percent drops to wipe out last 5 years.
 
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