Blue Chip is not Bullet Proof

Discussion in 'Property Market Economics' started by MTR, 29th Jul, 2018.

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  1. MTR

    MTR Well-Known Member

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    MTR, 29th Jul, 2018
    #1
  2. sash

    sash Well-Known Member

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    sash, 29th Jul, 2018
    #2
  3. WattleIdo

    WattleIdo midas touch

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    How sweet in the last graph to see all those units in cool areas come back and there's little Rosehill (Harris Park) sitting there at the end on 7.8% growth. What a gem!

    But yes, good conditions for the upgraders right now ... if they have the finance.
     
    WattleIdo, 29th Jul, 2018
    #3
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  4. Wukong

    Wukong Well-Known Member

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    Went to a couple auctions in middle west for houses. Biddings are subdued. All were passed in. They were great looking houses too. The next couple years will present opportunities for upgraders.
     
    Wukong, 29th Jul, 2018
    #4
  5. Rolf Latham

    Rolf Latham Inciteful (sic) Staff Member Business Plus Member

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    pe
    In the old days we used to have " seasonally adjusted" figures

    if you need to sell in winter......... then you need to meet market.

    Thats winter financially speaking and seasonally speaking

    ta
    rolf
     
    Rolf Latham, 29th Jul, 2018
    #5
  6. MTR

    MTR Well-Known Member

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    .... market softening has very little to do with winter, more to do with credit squeeze
     
    MTR, 29th Jul, 2018
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  7. val

    val Well-Known Member

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    you mention 'blue chip' in the title and then link to west sydney lol
     
    val, 29th Jul, 2018
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  8. radson

    radson Well-Known Member

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    Earlwood, Balmain, Annandale and Russell Lea followed suit, each recording a drop in house prices between 7 and 8 per cent.

    Balmain and Annandale definitely. I would say Rozelle, Birchgrove also and include Lillyfield, Glebe as well.
     
    radson, 29th Jul, 2018
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  9. val

    val Well-Known Member

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    House prices in Bellevue Hill rose 16 per cent to $5.45 million while Vaucluse values rose 12.1 per cent to $4.95 million.
     
    val, 29th Jul, 2018
    #9
  10. mickyyyy

    mickyyyy Well-Known Member

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    Hi Rolf, can you elaborate please?
     
    mickyyyy, 30th Jul, 2018
    #10