thought Id post a few thoughts of mine out,
we all know that west syd is booming,
bris is about to or has already begun,
similar story in melb, id say slightly behind bris
Coming off a lower pricing point, and given what a lot of brokers and experts are saying that all the pushed out sydney investors are heading into bris,
in the last boom did the same thing happen?
also Im from West of Melb, I believe that inner city melb is booming, with the outer suburbs even as far as melton starting to hot up,
that being said, I feel that brisbanes boom will be say 80% of the size of sydneys boom, but I get the feeling that melbourne wont be a boom at all, its just going to be slightly above average growth,
having a far higher median price base, which obviously wont and shouldnt catch up to sydneys, also population
I just feel there is not near as much that will push it to boom levels, outer west syd you could get properties for $200k pre boom, but in melbourne, the cheapest is melton and surrounds for about $250k
what do others think?
we all know that west syd is booming,
bris is about to or has already begun,
similar story in melb, id say slightly behind bris
Coming off a lower pricing point, and given what a lot of brokers and experts are saying that all the pushed out sydney investors are heading into bris,
in the last boom did the same thing happen?
also Im from West of Melb, I believe that inner city melb is booming, with the outer suburbs even as far as melton starting to hot up,
that being said, I feel that brisbanes boom will be say 80% of the size of sydneys boom, but I get the feeling that melbourne wont be a boom at all, its just going to be slightly above average growth,
having a far higher median price base, which obviously wont and shouldnt catch up to sydneys, also population
I just feel there is not near as much that will push it to boom levels, outer west syd you could get properties for $200k pre boom, but in melbourne, the cheapest is melton and surrounds for about $250k
what do others think?