Is Melbourne Overtaking Sydney?

Discussion in 'Property Market Economics' started by Arecaceae, 13th Oct, 2021.

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  1. Sackie

    Sackie Well-Known Member

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    No..no..nooooo....

    Perrottet is ours! The man wants to open up asap. He even beats the PM with announcements lol. I'm lovin him. NSW will lead the way.

    Hands off!! :p
     
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  2. MTR

    MTR Well-Known Member

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    Me too:)
     
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  3. SydneytoMelbourne

    SydneytoMelbourne Well-Known Member

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    What you've said is technically true but probably slightly misleading.

    Sydney has twice as much rain, but essentially it rains half as often (just rains hard when it does). Which is great, it gets the rain done quickly. Melbourne is a constant grey drizzle much of the time.

    Sydney has approx 2x as many sunny days as Melbourne and that's the key difference. Melbourne rarely has constant blue sky sunny days. There will always be a few clouds or a late change with lots of clouds. I feel sometimes Sydney will go 4-5 days of just blue sky and sun, and it's amazing, especially in winter / autumn.

    You can start hitting the odd late 20 (even early 30's) in September and it feels like summer arrives to me then.

    Having lived in both cities for a long time, my opinion is Sydney blows Melbourne out of the water weather wise March - November. However, I think Melbourne summer is genuinely underrated. It's hot, and can be super nice. I find Sydney can actually get a bit too muggy, and often has a lot of cloudy / rainy days being more sub-tropical (that said the days that are nice are amazing).

    And humidity can be good also. One thing I HATED about Melbourne was constantly putting on then taking off a jacket, as you'd boil in the sun, then be freezing when the inevitable cloud comes over.
     
  4. MTR

    MTR Well-Known Member

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    Watch this space…. Melb prices are starting to fall back from what I have been told by people on ground

    I expect softening in Syd too

    Why
    Affordability, wages are stagnate
     
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  5. sash

    sash Well-Known Member

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    You wlong....Sydney only goes up...it never falls... only Perth falls like now....:p:D
     
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  6. Hamish84

    Hamish84 Well-Known Member

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    Eeek….. really!
     
  7. Whitecat

    Whitecat Well-Known Member

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    Extremely unlikely that national parks will be resumed
     
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  8. frankjeager

    frankjeager Well-Known Member

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    and also from experience i say yes, it would be extremely difficult to develop large areas of blue mountans.
     
  9. craigc

    craigc Well-Known Member

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    Hmm areas I’m watching remain super hot, also wages are on the move too.
    Note this is not inner city market which could be very different post lockdowns.

    Which areas are your contacts on the ground @MTR?
     
  10. LROB

    LROB Well-Known Member

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    wages are extremely hot. We will need another lockdown or a mass immigration push. As I see it people are getting solid payrises and retainers.

    I knocked back a $180k a year gig 3 days a week perm WFH last week. Wouldn't get out of bed for 180k.
     
  11. Frosty123

    Frosty123 Well-Known Member

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    So that's equivillant to $300k per year if it were full time.
    Just curious what would you get out of bed for?
     
  12. Squirrell

    Squirrell Well-Known Member

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    What do you do?
     
  13. LROB

    LROB Well-Known Member

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    Finance / Economics - recently 'Fintech'.

    I can't actually answer that funnily enough.
     
  14. Frosty123

    Frosty123 Well-Known Member

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    Well even if you consider that to not be worthy of getting out of bed for, I can assure you that most people are not earning that sort of income.
     
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  15. skater

    skater Well-Known Member

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    WFH! Don't need to get out of bed.:D
     
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