NSW Strategy. Sydney still works out to be profitable.

@HUGH72 Ok, so in this case it is not suggested to buy in Sydney now this year until the next 3 years even for PPoR ?

Feel free to share any thoughts and comments.

 

I thought we were talking about buying for investment purposes sorry. If its a ppor its probably a little different. If you have found something you like go for it, but be aware you may have competition buying that might not be there in a couple of years. As for whether prices will be higher or lower no one really knows.

 

This was a maths question my son had to answer in a maths test and whilst he answered probably, the correct answer was always certainly.

He still thinks the teacher was wrong.

 

+1

 

@HUGH72 from the graph above it seems the result would be profitable. But not if we buy today or this year and then forced sell by the bank on the year 2018 - 2020.

 

Hi Tekoz
My comment was regarding 10 year averages and the idea that if an individual city has recently out performed its more likely to go through a down turn or at least a extended period of little growth. To see this look for a graph of individual capital cities, its a reoccurring theme.
Every dog has its day so to speak, its easier to make quick money if you jump on the right one at the right time. Even then nothings guaranteed.

 

@HUGH72 many thanks for the clarification mate. I appreciate it and will study the pattern more before investing in Sydney or even Brisbane.

 

In shares it might be , but ( assuming it's in good areas ) it works in property .

Cliff

 

@See Change : Ah I see Thanks Cliff, so I guess it is applicable in Capital City such as Sydney area ?

 

Tezok

My observation is that the same type of technical analysis that applies to shares applies to property , but MUCH MORE CONSISTENTLY ....

So trend following / lines
Support and resistance lines
Reversion to normal

One of the most consistent long term trend lines I've seen in any investment instrument is the Sydney median price on a log scale . Shadow posts it every so often .

Cliff

 

@See Change / Cliff: Cool, so I wonder where did you or @Shadow get that graph from ?

I'm about to subscribe to this one for $140 one year: http://www.phillipjanderson.com/18-year-real-estate-cycle/ and wondering if it is any good or can be followed like your graph ?

Thanks

 

Just read this forum . It's cheaper . And more entertaining

Cliff

 

I'd opt for two quality Brisbane units 5-15km radius from CBD for that budget, or 1 cheapie unit in Brisbane south, and one cheapie house in Adelaide north. Ah.. what I could do with $560K to spend,

 

The '20-year cycle' graph posted above is just a joke - I made it to wind up property bears on APF.

Don't make any investment decisions based on it!

 

APF forum is hilarious! There is some good information relating to articles and Core Logic data reports etc. However, there are also so many bitter bears that are all doom and gloom and hoping for the sky to fall to validate their decision to remain eternal renters.

 

It's fun (and easy) to wind them up though.