Australian house prices will ramp up in 2019, according to ANZ economists

Discussion in 'Property Market Economics' started by Sackie, 24th May, 2018.

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  1. Realist35

    Realist35 Well-Known Member

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    What do you reckon about Melbourne mid ring (properties below 600k)?
     
    Realist35, 9th Jun, 2018
    #21
  2. sash

    sash Well-Known Member

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    Nah...I reckon Melbourne is now done.....30-50k profits can easily go backwards
     
    sash, 10th Jun, 2018
    #22
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  3. L3ha7

    L3ha7 Well-Known Member

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    These Anz posts are confusing

    We were planning to buy end of this year or next year but now this fresh hell drom anz
     
    L3ha7, 10th Jun, 2018
    #23
  4. Omnidragon

    Omnidragon Well-Known Member

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    Lol they'll probably fall if ANZ economists says they're going up
     
    Omnidragon, 11th Jun, 2018
    #24
  5. Sackie

    Sackie Well-Known Member

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    In all my years of investing I've never listened to economists on anything and I've done ok .

    I'm always way more interested to hear the feedback/opinions of peer investors, REAs, builders, developers, lawyers, town planners, property managers and locals who are actually on the ground .
     
    Last edited: 11th Jun, 2018
    Sackie, 11th Jun, 2018
    #25
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  6. Aaron Sice

    Aaron Sice Well-Known Member

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    *bank needs to increase balance books, writes favourable report for property*
     
    Aaron Sice, 11th Jun, 2018
    #26
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  7. hieund85

    hieund85 Well-Known Member

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    Houses below $600k are only available in outer rings. Mid ring is at least $750-800k.
     
    hieund85, 11th Jun, 2018
    #27
  8. Realist35

    Realist35 Well-Known Member

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    Median house price in Kings Park is 580k. Kings Park is 19km from cbd, isn't that middle ring?
     
    Realist35, 11th Jun, 2018
    #28
  9. hieund85

    hieund85 Well-Known Member

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    Not for me though. It is out of the ring road hence I consider it outer ring but it's just me. You may be able to find a house for around $600k in Ardeer which is basically at the border of the ring road but it has become much harder now.
     
    Last edited: 12th Jun, 2018
    hieund85, 12th Jun, 2018
    #29
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