NSW The Signs of Sydney Slowdown....

Discussion in 'Where to Buy' started by sash, 29th Jun, 2015.

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  1. sash

    sash Well-Known Member

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    Depends if you willing to take another 10 year outlook you can't go long. Now is the best opportunity to put a DA and sell your property onto to a developer. You see this happening every cycle where the inexperienced developers take this on...some end up in grief...

    No just being practical....remember I also called "The Mother of All Booms" in 2011 people laughed at me...now I am calling a server correction..not all areas of Sydney...but some will see massive pain.
     
    sash, 30th Jun, 2015
    #21
  2. Tekoz

    Tekoz Well-Known Member

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    Which areas that you predict will be in the Mortgage Stress in Sydney this time ;-) ?
    I bet it's all within the OTP apartment or H&L package that is in the outer fringe of North/Southwest.

    is that correct @sash ?
     
    Tekoz, 30th Jun, 2015
    #22
  3. sash

    sash Well-Known Member

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    DYODD........homey....I ain't cutting cutting your lunch!!

     
    sash, 30th Jun, 2015
    #23
    C-mac, Phantom and Mayjong like this.
  4. Jacque

    Jacque Jacque Parker Premium Member

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    Blame my mother.... I am actually a Jacqueline and she just omitted the line to spell it Jacque (pronounced Jackie) - named after her fav cousin who still spells it the same way *sigh* :) One day I may change it simply to be more phonetic but in the meantime myself and others here (much like Sim who still gets Sim (short i) and not Sim (as in rhyme)) will just have to put up with the confusion caused :D:D
     
    Jacque, 30th Jun, 2015
    #24
  5. twobobsworth

    twobobsworth Well-Known Member

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    It's begun. House in our street hasn't sold in 4 weeks. $1.3m for sash's favourite suburb of kellyville.
     
    twobobsworth, 30th Jun, 2015
    #25
  6. sash

    sash Well-Known Member

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    Can you post the house link......it maybe overpriced. ;):p......

     
    sash, 30th Jun, 2015
    #26
  7. twobobsworth

    twobobsworth Well-Known Member

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    It's anecdotal. Yes probably overpriced. 4/5 bedders with a pool don't go for any less than $1.1+ though.

    The last 12 months have seen quick sales, new higher prices, lots of people through opens. That's not what I've seen over the last few weeks here.
     
    twobobsworth, 30th Jun, 2015
    #27
  8. sash

    sash Well-Known Member

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    Interesting...keep us posted.....
     
    sash, 30th Jun, 2015
    #28
  9. sash

    sash Well-Known Member

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    Never though of that....OK everyone pi$$off ...back to Sydney......I was wrong Sydney is da business!:D

    Yes...bought in Annerley and Moorooka last Feb....trying to get to Brissie soon...you have to excuse me...I am guy so multi-tasking is a foreign concept! :cool::p

     
    sash, 30th Jun, 2015
    #29
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  10. See Change

    See Change Well-Known Member

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    Forgotten which suburb ( northern beaches ) BUT i heard my first negative comment from a patient today saying that things were slowing down .

    Don't necessarily believe them yet .... But It's the first comment I've heard like that for a couple of years ...

    Cliff
     
    See Change, 30th Jun, 2015
    #30
  11. sash

    sash Well-Known Member

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    Noooooo....too soon....I have not headed to Canadia or Mejico for more purchase......&&#a49..mierda!!

     
    sash, 30th Jun, 2015
    #31
  12. Property Twins

    Property Twins Mortgage Brokers & Buyers Agents Business Member

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    We aren't alone Jacque...Others on here have also called you J'aque in our presence.

    It's exquisite though :)
     
    Property Twins, 30th Jun, 2015
    #32
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  13. sash

    sash Well-Known Member

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    Alas..just snaffled 2 in Geelonh/Melb....off to North soon....slow going as these are H&L...

     
    sash, 30th Jun, 2015
    #33
  14. Piston_Broke

    Piston_Broke Well-Known Member

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    I agree with the OP BIS Shrap have no clue whatsoever.
    And then are nowhere near relevant enough to move or even affect a market.
     
    Piston_Broke, 30th Jul, 2015
    #34
  15. Phantom

    Phantom Well-Known Member

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    I'll have a stab at it....here it goes ready? Spring Farm. Ass whooping @sash ?
     
    Phantom, 30th Jul, 2015
    #35
  16. Darlinghurst Boy

    Darlinghurst Boy Well-Known Member

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    Im seeing a slowdown in Sydney City and surrounds1 bedroom 36sqm Surry Hills has been on the market 2 months 490k in Surry Hills.
    Owner wont go under 490k, he previously had it at 510k

    Another Poplar street Surry Hills 38sqm studio 480k, nearly 3 months.

    Another Kent street City 1 bedroom 45sqm 634k 2 months on market.
     
    Darlinghurst Boy, 30th Jul, 2015
    #36
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  17. Gockie

    Gockie Life is good ☺️ Premium Member

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    Just means people with apartments under 50sqm are finding it difficult to offload. Foolish buyers buy in that space...
     
    Gockie, 30th Jul, 2015
    #37
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  18. twobobsworth

    twobobsworth Well-Known Member

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    Withdrawn from sale.
     
    twobobsworth, 30th Jul, 2015
    #38
  19. Samten

    Samten Well-Known Member

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    The sins of our parents, why couldn't they give us "sensible" names!
     
    Samten, 30th Jul, 2015
    #39
  20. Tekoz

    Tekoz Well-Known Member

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    @Gockie & @Darlinghurst Boy what about 3 bedroom apartments in Sydney area ?
    I think that's going to be stable or even increasing due to most people unable to get house, so they are looking for the 3 bedrooms apartment.
     
    Tekoz, 30th Jul, 2015
    #40
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