Impact of APRA tightening on not yet boom cities like perth/Brisbane/Adel/Canberra

Discussion in 'Property Market Economics' started by TheSackedWiggle, 29th Jun, 2017.

Join Australia's most dynamic and respected property investment community
  1. TheSackedWiggle

    TheSackedWiggle Well-Known Member

    Joined:
    28th Jun, 2015
    Posts:
    1,826
    Location:
    canberra
    Assuming recent APRA tightening is geography agnostic,

    Inviting your opinions on how do you thing will recent serviceability and IO tightening impact cities Perth, Brisbane, Adel, Canberra real estate markets.
     
  2. Sackie

    Sackie Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    25,035
    Location:
    Vaucluse, Sydney.
    Markets within markets. Many of the OO markets in certain areas are getting hotter and hotter in Brissy. A lot of OO upgrading, selling their older place for a new place, putting in massive equity from their sales and only needing small loans in many cases. Then there are the over supplied OTP unit markets which will behave differently.

    The markets driven by cashed up OO will be stable and grow nicely. The oversupplied markets investor-driven will be another story.

    Its always markets within markets.
     
    Zoolander likes this.