What do you believe will happen to Australian property prices in the next 3 years?

[Peter 14.7]

0-30k...OPM

Hi OPH

Just a note can you talk in percentages as I have no idea with 30K buys in the WA so this could a lot or little. In sydney that would be on the median price estimate of $460 about 7%. In tassie on 200 it would be 15%.

FYI Peter 147

 

[OPM-addict]

-$30k ????

This was a IMHO figure as a retraction in the price from what was advertised.

As for $30K. If this was in cash:

- A $200K 4X2 IP 10km from Perth CBD. (80/20 IO loan with all transfres and stamps). *

Or any other investment plan you had that will make you income,passive income and depreciation.

Apart from real estate do you know of any others ?


Respect, Peace, Out.

OPM -aadict

* - Providing you dont hit the servicabily wall.

Oops, I said the "S" word.