If not Brisbane then where?

Discussion in 'Property Market Economics' started by luckyone, 27th Sep, 2018.

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  1. johnmteliza

    johnmteliza Well-Known Member

    Joined:
    28th Aug, 2018
    Posts:
    317
    Location:
    Mornington VIC
    Mornington Peninsula, Geelong and Phillip Island is beginning to heat up finally.
     
  2. Serveman

    Serveman Well-Known Member

    Joined:
    17th Apr, 2017
    Posts:
    1,413
    Location:
    North West Sydney
    Isn't it doing that now. Newcombe recorded 33 percent. ( Which is the best performing suburb with the worst doing 15.9 Bell ParkReports are saying it is the hottest market even compared to Hobart. You would have loved to have got all of that growth. Source Tessa Haywood - Aug 2018 Geelong Advertiser
     
  3. gty12

    gty12 Well-Known Member

    Joined:
    29th Jun, 2018
    Posts:
    243
    Location:
    Melbourne
    When I last ran the data, which was around 3 months ago, Newcomb was 6.82% & Bell Park was 5.95%.Hobart is similar, it isn't at double digit 5 year growth. But Melbourne is & now like I said would happen, it is starting to come off the boil.
    If you know your compound maths 10% per annum or higher over 5 years starts to get into stupid growth territory haha.