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each capital city market is different. The past is no indication of future trends. Government policy has a greater effect on prices in the case of supply.
jontapp wrote:Yes Sydney peaked in April 2004 at $530,000 and the last peak was March 2010 at $590,000. An increase of $60,000 over 6 years. What can that tell you about affordability??
umm ….. that next year it must jump $470,000 to $1,060,000 ….. well it's seven years, is it not.. must be the time to buy…
wonder what the rent on $1,060,000 would be …maybe 450 pw, …. but think of the tax break…
Viewing 3 posts - 1 through 3 (of 3 total)
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