All Topics / Help Needed! / Melbourne and Sydney increase, Brisbane flat. Why?

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  • Profile photo of JimmyJJimmyJ
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    @jimmyj
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    November 2, 2009 - 10:03 pm

    So melbourne and Sydney have been getting great auction clearance rates and some good gains, whilst brisbane has been flat. Anyone know why?

    Profile photo of propertunitypropertunity
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    November 7, 2009 - 4:51 am
    JimmyJ wrote:
    So melbourne and Sydney have been getting great auction clearance rates and some good gains, whilst brisbane has been flat. Anyone know why?

    Yes, because although the property market moves in an economic cycle, the various capitals run on a cycle too.
    When Melbourne & Brisbane were rising in 2007, Sydney was flat-lining.
    Now Sydney & Melbourne are booming and Perth & Brisbane are flat.
    Just cycles….

    Profile photo of Scott No MatesScott No Mates
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    November 7, 2009 - 7:01 am

    No hills? ;)

    Profile photo of propertunitypropertunity
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    November 7, 2009 - 7:42 am
    Scott No Mates wrote:
    No hills? ;)

    No hills – been levelled by the resources boom.

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