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Hi Everyone,
I found this graph of median house prices:
http://www.reiv.com.au/home/inside.asp?ID=709&nav1=1226&nav2=1227&nav3=709I'm interested in Brisbane. As we're already on the upwards trend is it already too late to buy (ie a bad time to buy)? From my reasoning according to this graph the best time to buy would have been March 2009.. Is this correct?
We're looking to buy our first IP (have a home already). We want to jump in but don't want to shoot ourselves in the foot by buying at a bad time.
Any advice?
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