June 2015 Property Clock

Discussion in 'Property Market Economics' started by peastman, 24th Jun, 2015.

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  1. Tekoz

    Tekoz Well-Known Member

    Joined:
    23rd Jun, 2015
    Posts:
    1,374
    Location:
    Sydney
    Many thanks for the sharing and insight MTR.

    PS: Everytime I saw your name, it always reminds me to MLTR - Michael Learns To Rock (Dannish band).
     
    Tekoz, 25th Jun, 2015
    #21
  2. Perthguy

    Perthguy Well-Known Member

    Joined:
    22nd Jun, 2015
    Posts:
    11,767
    Location:
    Perth
    Yes. Although, it depends on the property and what you want to do with it. Last time the Perth market flatlined for about 5 years. I don't see the point of jumping in at the start of 5 years of flat growth. Of course if you are looking for something to develop and the numbers stack up, it's always a good time to buy! :)
     
    Perthguy, 25th Jun, 2015
    #22
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  3. tomlemke

    tomlemke Well-Known Member

    Joined:
    21st Jun, 2015
    Posts:
    950
    Location:
    Newcastle
    Surely newcastle isn't at the peak of the market yet, average house price is nearly half of sydneys median.
     
    tomlemke, 25th Jun, 2015
    #23
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