NSW Tipping point in Sydney ??

Discussion in 'Where to Buy' started by See Change, 13th Jul, 2015.

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  1. sash

    sash Well-Known Member

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    And zee...plan unravels....watch Brissie and Outer Melbourne...when this is more pronounced you will see activity on those two areas rocket....

    The Specufesters will still be picking up property in Sydney....they will get a **** whooping...800k for an unrenovated property is insane where the intrinsic value should be $600-650k. That was based on a 350-380k price point in 2008.

     
    sash, 15th Jul, 2015
    #41
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  2. Tekoz

    Tekoz Well-Known Member

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    Sash you're da man :D (Property Prophet)
    Hopefully your prediction will comes true for the next 2-3 years ahead where the interest rate increased.
     
    Tekoz, 15th Jul, 2015
    #42
  3. Chilliblue

    Chilliblue Well-Known Member

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    I agree.

    Whereas everything was selling previously within a 4-6 week period at full or above ask, there are properties that are simply not selling and are hanging around.

    The next stage will be when those properties will need to be discounted and the effect it has on new stock.
     
    Chilliblue, 15th Jul, 2015
    #43
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  4. Tekoz

    Tekoz Well-Known Member

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    But what if those properties was snapped by the rich Chinese investors as safe haven of their investment ?
     
    Tekoz, 15th Jul, 2015
    #44
  5. Chilliblue

    Chilliblue Well-Known Member

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    Not their style of properties
     
    Chilliblue, 15th Jul, 2015
    #45
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  6. sash

    sash Well-Known Member

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    Hilarious....give it a break hommie......let Chinois have their own issues to deal with now...watch this space!

     
    sash, 15th Jul, 2015
    #46
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  7. See Change

    See Change Well-Known Member

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    It is , but at some stage things will slow down . If it turns out to be now , I can point to this thread ....:cool:

    Cliff
     
    See Change, 15th Jul, 2015
    #47
  8. TheSackedWiggle

    TheSackedWiggle Well-Known Member

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    [​IMG]

    [​IMG]
     
    TheSackedWiggle, 15th Jul, 2015
    #48
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  9. Tekoz

    Tekoz Well-Known Member

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    LOL I see, let's just wait the other city to invest then rather than waiting for Sydney price to plummet down.

    Possibly, because mostly Chinese people would buy in the suburb with ...-wood suffix
    Eastwood, Burwood, Chatswood.... with the Exception of Ashfield and Hurstville.
     
    Tekoz, 15th Jul, 2015
    #49
  10. Bran

    Bran Well-Known Member

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    [QUOTE

    Possibly, because mostly Chinese people would buy in the suburb with ...-wood suffix
    Eastwood, Burwood, Chatswood.... with the Exception of Ashfield and Hurstville.[/QUOTE]

    Huh? Ctrl-C, Ctrl-V?
     
    Bran, 15th Jul, 2015
    #50
  11. devank

    devank Well-Known Member

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    Which outer Melbourne specifically?
     
    devank, 15th Jul, 2015
    #51
  12. C-mac

    C-mac Well-Known Member

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    The 'wood' comment sparked my interest. Made me laugh but then I got to thinking... I had always assumed the 'wood' suburbs were Chinese-favored due to the great school catchments these suburbs are in.

    Makes me wonder though.. if the Chinese place belief in numbers simply because they 'sound' like good or bad words (the number 4, for instance sounds like the word for death), maybe the word wood sounds like something lucky? Chinese culture does favour wood, particularly mahogany (I believe due to the red tinge colour of the wood - red being the lucky colour)..

    I digress. Erm, Sydney.. Let's see what auction clearance rate presents tomorrow. My guess is low 80's.
     
    C-mac, 17th Jul, 2015
    #52
  13. sash

    sash Well-Known Member

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    Go North my son....thats all I can tell you at the moment...;)

     
    sash, 17th Jul, 2015
    #53
  14. devank

    devank Well-Known Member

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    East - too expensive.
    West - No one wants to go.
    South - We are not here to fish.
    So.. North does make sense a little :)
     
    devank, 17th Jul, 2015
    #54
  15. sash

    sash Well-Known Member

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    That's it....Santa lives there.....:D

     
    sash, 17th Jul, 2015
    #55
  16. skater

    skater Well-Known Member

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    Ooh, Santa......I like Santa. Does that mean you'll be dressing as him & handing out presents? That will make the next meetup interesting. Christmas in July & Sash as Santa...........hmmm.:D
     
    skater, 18th Jul, 2015
    #56
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  17. sash

    sash Well-Known Member

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    No ...usually I dress closer to the Grinch.....

     
    sash, 18th Jul, 2015
    #57
  18. Chilliblue

    Chilliblue Well-Known Member

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    Green tights or the make up?
     
    Chilliblue, 18th Jul, 2015
    #58
  19. sash

    sash Well-Known Member

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    Both. ;)
     
    sash, 18th Jul, 2015
    #59
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  20. skater

    skater Well-Known Member

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    So that's what the green get-up was for?;)
     
    skater, 24th Jul, 2015
    #60
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