All Topics / General Property / Prices
To all those actually looking in the market right now …. what is happening broadly with prices, am I right in thinking that it’s topping-out and some places are a little over the top?
A very broad question, but many I talk to face-to-face think this is happening.
Any opinions?
i have heard that because it is a sellers market ( especially in Perth where I live ) we can expect to be paying a premium price for properties in the fast moving price range 250k – 300k to the tune of approx 10-15%
also , i have the same probs too, everyone seems to have a different opinioin on where the market will go to. i dont think the bubble will pop, but rather, deflate somewhat….and when ?…..your guess is as good as mine![]Hi
general feeling i get from internet and talking around seems to that when rates hit 8.5% then some people will start to have repayment problems – so that may be the tip point – but – who knows???Hi enduser,
I’m with you. I think that prices are at their peak in a lot of regional areas.
I am using caution, and I won’t be getting carried away buying lots at the moment.
Some areas, like parts of QLD seem to be still going strong, but Victoria – caveat emptor….
Don’t get caught up in the mania. However, if it’s a really good deal then I’m still in!!Just my opinion, who really knows???[:0)]
Del
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