All Topics / Opinionated! / Where do you expect Australia property values to be in 12 months?

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  • Profile photo of BennyBenny
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    @benny
    Join Date: 2002
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    Where do you expect Australia property values to be in 12 months?


    Hi all,

    This thread is for discussion of this poll. Please submit your vote and your thoughts on why!

    Benny

    Profile photo of wadezwadez
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    @wadez
    Join Date: 2013
    Post Count: 18

    A better questions is if there is a sudden decline in property prices in 12 months in Melbourne and Sydney. Which suburb will you buy?

    Profile photo of BennyBenny
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    @benny
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    Hi Wadez,

    Thanks for the idea…. Do you have an idea that such a decline is likely?

    Profile photo of Corey BattCorey Batt
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    @cjaysa
    Join Date: 2012
    Post Count: 1,010

    Some markets up, others down.

    I couldn’t possibly talk about the Australian property market in one direction as a whole, each market and submarket moves to the beat of its own drum.

    Corey Batt | Precision Funding
    http://www.precisionfunding.com.au
    Email Me | Phone Me

    Investment Focused Finance Strategist - servicing Australia-wide

    Profile photo of wadezwadez
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    @wadez
    Join Date: 2013
    Post Count: 18

    The question is not about likelihood or timing but instead preparation

    Profile photo of Don NicolussiDon Nicolussi
    Participant
    @don
    Join Date: 2005
    Post Count: 1,086

    Benny – my vote was similar to today if the question is about the national average – nation median price. Looking forward to the next part of the cycle to be honest – a much better time for buyers.

    • This reply was modified 9 years, 4 months ago by Profile photo of Don Nicolussi Don Nicolussi.

    Don Nicolussi | Property Fan
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    Learning, having fun and doing it!

    Profile photo of James MRDJames MRD
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    @jamesmrd
    Join Date: 2015
    Post Count: 5

    Pretty interested to see it move either way.
    If you are a smart property investor you win either way. With higher capital growth comes less opportunity to buy again, but higher rental yield from existing properties as they increase in value. A downturn in prices in the market just provides an investor with more opportunities to buy again.

    You run into trouble if you don’t have any margin for market movement in your portfolio.

    Happy days if your building wealth responsibly and have margins in your life.

    James MRD | MRD Partners
    http://www.mrdpartners.com.au
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    MRD provide ethical property investment expertise that drive long-term wealth creation

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