whats the market doing now?
- Thread starter rodimus
- Start date
Rodimus,
The best summary I can give:
Some places in Australia are going up in price moderately, a very few are going up in price quickly. Some places are holding steady on price or have had slight declines.
Vacancy rates are very low in some places, and medium to moderately high in others. Rentals are static in several metros & still growing moderately in others.
You can still buy good quality cashflow positive properties, if you do your research. You can buy good quality negative geared properties if you do your research as well.
Property is selling slower in many places than in past years. And faster than in past years in a few places.
Rodimus - there is NO national property market.
Queensland is doing nicely in the SE corridor, but varies from poor to great throughout the rest of the state.
Cheers,
Aceyducey
The best summary I can give:
Some places in Australia are going up in price moderately, a very few are going up in price quickly. Some places are holding steady on price or have had slight declines.
Vacancy rates are very low in some places, and medium to moderately high in others. Rentals are static in several metros & still growing moderately in others.
You can still buy good quality cashflow positive properties, if you do your research. You can buy good quality negative geared properties if you do your research as well.
Property is selling slower in many places than in past years. And faster than in past years in a few places.
Rodimus - there is NO national property market.
Queensland is doing nicely in the SE corridor, but varies from poor to great throughout the rest of the state.
Cheers,
Aceyducey
