IMHO I Think the market has a fair way to go yet .
I bought nice three bedroom highsets mainly in north rocky. mainly 80-100 range. This was second half of last year. Several of them were bought for less than people paid for them in the last boom ( ten years ago ).
From what I've seen , they've probably gone up 20-30 k in the last few months.
If you look at my original chart, prices have roughly doubled in each cycle, from the top of the previous cycle.
I'm expecting ( IMHO ) three bedroom highset in nice areas to get up around 180k.
The demand for units and duplexes has been high up there, and when I was looking I found the returns wern't much better ( if at all ) for units than houses. Maybe duplexes / units have gone up more so are relatively overvalued compared to houses.
Talking to agents up there, they're just getting busier and busier. They would be only to happy to sell anything anyone wants to sell now as there is a shortage of stock.
Personally I think the market has a fair way to go at this stage and and have no intention of selling in rockhampton. Obviously other people will have different views , especially those who didn't buy there in the first place....
See Change
I bought nice three bedroom highsets mainly in north rocky. mainly 80-100 range. This was second half of last year. Several of them were bought for less than people paid for them in the last boom ( ten years ago ).
From what I've seen , they've probably gone up 20-30 k in the last few months.
If you look at my original chart, prices have roughly doubled in each cycle, from the top of the previous cycle.
I'm expecting ( IMHO ) three bedroom highset in nice areas to get up around 180k.
The demand for units and duplexes has been high up there, and when I was looking I found the returns wern't much better ( if at all ) for units than houses. Maybe duplexes / units have gone up more so are relatively overvalued compared to houses.
Talking to agents up there, they're just getting busier and busier. They would be only to happy to sell anything anyone wants to sell now as there is a shortage of stock.
Personally I think the market has a fair way to go at this stage and and have no intention of selling in rockhampton. Obviously other people will have different views , especially those who didn't buy there in the first place....
See Change