2020 - Predictions and Meaningful Stats

For those interested, covers all States

Property Market Forecast 2021 — House Prices Predictions from Expert

 

Tru dat sista.

 

My prediction for 2020 is that 100% of all predictions will be wrong

 

I would say it’s pretty much spot on and what most of us experts here have predicted for a while now.

As expected Melbourne and Sydney to lead the charge. I know the Brisbane believers can’t let it go, but some further evidence you can’t compete with the big boys.

 

Totally agree. There's nothing to see in Brisbane folks, move along now.

 

I think at the moment with Sydney and Melbourne it's a case of lack of stock at the moment. While I could be wrong, from my perspective for the average income earner the buy in price is pretty high here for investors, and perhaps there are better opportunities in the smaller capital cities such as Adelaide, Canberra, Brisbane, Launceston and some regionals, maybe Bendigo and Orange.
Sydney and Melbourne do record good grow figures in certain suburbs, you still need to be able to hold the property for quite a while and afford the repayments.

 

Do the opposite of what journalists suggestion, and you'll get rich. Easy

 

Melbourne median to shoot through 1mill!

 

I like this, posted it on another thread

but this certainly has been a winner, look closely at school zones and improve the odds of buying a winner and capture growth

Look what school zones do to the value of property