Property Boom is Over, what's in store for 2016

Discussion in 'Property Market Economics' started by MTR, 11th Jun, 2016.

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  1. Gockie

    Gockie Life is good ☺️ Premium Member

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    If Labor gets in I think there will be a boom for 12 months as people rush to take advantage of grandfathered negative gearing. Then property investing of established properties might then fall off a cliff for the majority...
     
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  2. twistedstats

    twistedstats Well-Known Member

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    I can't help but agree with the article by the OP.

    In brisbane, the looming apartment oversupply is very significant and unlike Melbourne, there is a higher % of interstate investors (vs foreign investors) which means they are less likely to be left empty. This must be having some effect on rentals for houses too and inevitably, prices.

    People talk about different cities in different parts of the cycle, but I don't feel there is any capital city that stands out at the moment.
     
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  3. melbournian

    melbournian Well-Known Member

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    Haha ok I guess Brisbane according to u will boom no matter what happens. :)
     
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  4. gman65

    gman65 Well-Known Member

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    Core logic has 0.07% for Brisbane, whereas those stats have -2.45%. That's quite a difference... so which is correct?
     
  5. MTR

    MTR Well-Known Member

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    no idea? not playing in this market
     
  6. MTR

    MTR Well-Known Member

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    then you are not playing in Melb market
     
  7. showtime94

    showtime94 Well-Known Member

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    Why dont you like blue chip properties ?
     
  8. Sackie

    Sackie Well-Known Member

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    Hi @melbournian from what i have seen with alot of Brisbane it's easier to make the numbers stack up on higher yeilding sites than dual occs or even many 1 into twos subbies unless your in a inner or middle ring sunburb, bought site under 800k and having some uniqueness to the aspect helps too. just what I've seen so far mate.
     
  9. MTR

    MTR Well-Known Member

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    where did I say this?
    I am referring to the myth that blue chip is bullet proof when markets crash, which is false

    MTR:)
     
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  10. melbournian

    melbournian Well-Known Member

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    thanks leo though my rationale and thought process was that you go interstate (like brisbane) as the property prices are much cheaper than melb or sydney, otherwise if i had to spend 800K i would just top another 100-150K and get in doncaster or doncaster east in melbourne. or likewise somewhere in syndey.