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Medians value 1980-2010

Discussion in 'Information Resources & Tools' started by R377, 20th May, 2016.

  1. R377

    R377 Well-Known Member

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    Most capitals have gone up 10x in that 30 years: 1980-2010.

    Also interesting to note that $581k Sydney median price in 2010, I think sydney hit $1mill recently

    The Value Of Time - Propertyology
     
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  2. Whitecat

    Whitecat Well-Known Member

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    Interesting how the relative prices change. Sydney double bne in 1980 just like now more or less. And bne higher than melb in 2010
     
  3. Xenia

    Xenia Adelaide Property Manager Business Member

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    When you think about it properly really is just an investment in time
     
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  4. Azazel

    Azazel Well-Known Member

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    And people whinging they can't afford in Sydney now.
    What were they doing in 2012?
     
  5. MTR

    MTR Well-Known Member Premium Member

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    to think Perth's median price surpassed Sydney at one stage for a very short period around 2006 and is now 50% less.
    Just shows prices don't continually trend upwards.
     
  6. Azazel

    Azazel Well-Known Member

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    Mind boggling when you start to think what would have happened if the mining boom continued.
    Would Sydney have still gone that high if more money was going elsewhere?
     
  7. spludgey

    spludgey Well-Known Member

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    So in contrary to what people seem to believe, Sydney would have actually been the worst place to invest in over the long term!
     
  8. Scott No Mates

    Scott No Mates Well-Known Member

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    Perth is a country town which mimics the boom and bust cycle of a typical mining town. When there's money around, they splash it around in their own backyard rather than looking at the sustainability of the investment ie risk.
     
  9. MTR

    MTR Well-Known Member Premium Member

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    One thing for sure after a boom cycle we get a bust cycle.

    Let me think? where is Sydney now, my guess is we are now heading for a bust
     
  10. Azazel

    Azazel Well-Known Member

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    Did they ever sort out the GST problem?
    Can't handle watching TV at the moment, too many politicians.
     
  11. R377

    R377 Well-Known Member

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  12. Scott No Mates

    Scott No Mates Well-Known Member

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    Who'd want to live in Watsons Bay 40 years ago? Parking a pain, a bad rap with nudist beach, no supermarket, poor public transport, right at the dodgy end of town.