QLD “Expect to pay 5 to 10 per cent more than a month ago. It’s moving quickly"

Discussion in 'Where to Buy' started by Robert Chatsworth, 31st Mar, 2021.

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  1. Robert Chatsworth

    Robert Chatsworth Well-Known Member

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    Agent warns of home prices rising 5 to 10 per cent in one month

    Anyone witnessing this hyper-boom? How much are prices surging?
     
    Robert Chatsworth, 31st Mar, 2021
    #1
  2. ICQ

    ICQ Member

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    True, very true. It’s already happening in NSW. Only question is how sustainable
     
    ICQ, 31st Mar, 2021
    #2
  3. jaybean

    jaybean Well-Known Member

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    Sydney & Melbourne - it's anyone's guess.

    Other cities - VERY sustainable. I could see 5+ years of growth easily (albeit at a different rate). Brisbane, Adelaide and Perth have barely moved in line with inflation for over a decade. It could keep growing at 5%p/a for another 10 years and still be undervalued.
     
    jaybean, 31st Mar, 2021
    #3
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