QLD Brisbane or Melbourne

Discussion in 'Where to Buy' started by Sunnycoast, 12th Apr, 2024.

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  1. Cyanred

    Cyanred Active Member

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    Absolutely true however buying property when it’s flat can be quite stressful. Melbourne will have her time but it may take a few years, holding costs in a flat market when other markets are blistering hot is never enjoyable. Perth and QLD still have tremendous upside
     
    Cyanred, 24th Apr, 2024
    #41
    craigc, Sunnycoast, Hetty and 1 other person like this.
  2. Sunnycoast

    Sunnycoast Well-Known Member

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    Cheers Whitecat. I agree.
     
    Sunnycoast, 25th Apr, 2024
    #42
    Squirrell likes this.
  3. Sunnycoast

    Sunnycoast Well-Known Member

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    The stress of holding in a flat market when other markets are booming is undermined. I think this is a significant factor for consideration. E.g. having better long term upside but watching other markets crank in the short to medium term, bringing on remorse. Holding is the obvious answer but easier said than done.
     
    Sunnycoast, 25th Apr, 2024
    #43
    Whitecat and Rambo like this.
  4. Squirrell

    Squirrell Well-Known Member

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    Yes. Especially if hoping for interest rate relief which seems to be getting further and further away.
     
    Squirrell, 25th Apr, 2024
    #44
    craigc, Whitecat and Sunnycoast like this.
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