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Macquarie Bank names risky suburbs for appartments

Discussion in 'Where to Buy' started by Leo2413, 24th May, 2016.

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  1. Leo2413

    Leo2413 Well-Known Member Premium Member

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    Sorry cant post the link as it's a paid site I think so won't work. Google "Macquarie Bank names risky suburbs for apartments" and you might be able to see the full article.

    "The inner-city postcodes across Sydney, Melbourne and Brisbane, as well as on the Gold Coast and in Adelaide, Perth and Darwin, are most at risk from an oversupply of units in a slowing market. Macquarie yesterday advised mortgage brokers of new requirements, with buyers having to provide at least 30 per cent of the purchase price upfront."


    upload_2016-5-24_11-20-39.png




    RISKY POSTCODES


    NSW: 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2017, 2138, 2150

    Victoria:3000, 3001, 3004, 3005, 3006, 3007, 3008, 3009, 3141, 3205

    Queensland: 4000, 4001, 4002, 4003, 4004, 4215, 4217, 4218, 4870, 4879

    WA: 6000, 6001, 6002, 6003, 6004, 6005, 6210

    SA: 5000, 5001, 5002, 5003, 5004, 5005

    TAS:7000

    NT: 800
     
    Last edited: 24th May, 2016
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  2. Gockie

    Gockie I'm an ISTP-A female, so I might be a bit quirky! Premium Member

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    That's my cousin, his partner and their dog! Made the front page of the Australian.

    Apparently they were simply at the park and was just approached to be in a photo...
     
  3. Sea Eagles88

    Sea Eagles88 Well-Known Member

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    its very obvious those 3 NSW suburbs listed, chocas full of apartments
     
  4. Terry_w

    Terry_w Solicitor, Finance Broker, CTA Business Member

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    Because they look Chinese probably - with the implication that Chinese are buying up all the apartments.
     
  5. Gockie

    Gockie I'm an ISTP-A female, so I might be a bit quirky! Premium Member

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    He's an ABC... not sure about her.
    Article states that its about oversupply though so Mac Bank won't lend as opposed to a "Chinese are pushing up the prices!" story.
     
  6. Mumbai

    Mumbai Well-Known Member

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    Its one of those "read between the lines" story
     
  7. Steven Ryan

    Steven Ryan Mortgage Broker Business Plus Member

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    Fair calls.
     
  8. Gockie

    Gockie I'm an ISTP-A female, so I might be a bit quirky! Premium Member

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    I'll just say I can't believe how white (and Maori in Logan) Brisbane is.
     
  9. JDP1

    JDP1 Well-Known Member

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    probably true compared to sydney and mel. It was more so back in the day. Changing a bit thesedays, and will no doubt more so when the new stuff like the casino come online.
     
  10. melbournian

    melbournian Well-Known Member

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    nice dog - bet it was born here.

    they need some real FOBs to be put up there! (ones with the man bags) they're plenty of them here :)
     
  11. Sea Eagles88

    Sea Eagles88 Well-Known Member

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    off the topic, where does most ABC in their late 20s and early 30s live ? (I presume at this age they moved out of home) for example those ABC who lived in hurstville, eastwood with their parents, or the Vietnamese who grew up around Cabra and Bankstown
     
  12. See Change

    See Change Timing Lord Premium Member

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    As long as 4005 stays out of there I'm happy , though somewhat surprised by Rhodes being in there

    Cliff
     
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  13. Taku Ekanayake

    Taku Ekanayake Well-Known Member

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    Sorry to digress but I had no idea what you looked like @Leo2413 until I just noticed your profile pic (assuming that is you?).
    I imagined you to be a lot older with more grey hairs
     
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  14. Leo2413

    Leo2413 Well-Known Member Premium Member

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  15. Leo2413

    Leo2413 Well-Known Member Premium Member

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    haha.. yeah that's us at Luna Park I think..? The grey hairs will come soon I guess, I'm 33 mate.
     
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  16. Taku Ekanayake

    Taku Ekanayake Well-Known Member

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    mate you lookin pretty slick for 33.
     
  17. Leo2413

    Leo2413 Well-Known Member Premium Member

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    hehe..cheers. Gets so much harder once you hit 30 to not put on weight though...
     
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  18. melbournian

    melbournian Well-Known Member

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    in melbourne - the ABCs and FOBs all mix up in the standard asian suburbs. They tend to not stay too far away from their parents which is sort of asian culture which is why the further outer suburbs don't get the changed demographics.
     
  19. EN710

    EN710 Well-Known Member

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    Your avatar? I thought it was Bruce Lee ....
     
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  20. Gockie

    Gockie I'm an ISTP-A female, so I might be a bit quirky! Premium Member

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    News just in! My cousin and his wife (who were featured in that lead article) just bought a great terrace home in Alexandria today by auction. I'm jealous but happy for them, its just a hop, skip and a jump to the new CBA offices at ATP. Its a keeper!