Do people think that the market has peaked in residential housing?
People that bought recently 6 months or less have you noticed your investment is worth less now or has it increased in value or stayed the same.
Units appear to have “peaked” during this period has residnetial housing followed? We know when the growth period is/was but finding examples close to the present time will hopefully define the peak if one has occurred.
SuperTed, be more specific. Which area are you talking. I know a bit about Brisbane, someone else might know a bit about Melbourne etc. Also define the exact type of property you are asking about. E.G. I don’t think many people would have made money on inner city units in capital cities in the last 6 months. Good Luck.
SuperTed
Sth Brisbane (Logan Area) – I believe prices have reduced slightly or stabilised in the last 3 months
Nt NSW Coastal areas – as above, except for extremely well position properties not in the major coast towns (such as Byron or Lennox or maybe even Ballina)
Tim
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