Question re Sydney

Hi Da Man,

I am more of a spectator on this website rather than a participant. Hoep this doesn’t come across as advertising (as it is not) just a comment. One thing that I can say in regards to your question is that seems to be very speculative (30%)

I am a RE Buyers Agent and as such see what is happening from a (tried and tested) investors point of view and also a speculating investors point of view and these are what the past 3 years have proven

1) The speculative investors have left the market
2) The tried and tested investors are getting me to look LONG and HARD and we finding some fantastic bargains

In my opinion, and you would probably seek a similar reply from an financial planner, savvy investor or number cruncher in any market and they would suggest that when then capital value versus return reaches a certain point, then anything over that is probably inflated an eventually WILL come down. This, in my opinion has happened, and even if it hasn’t in the general publics eyes, I am certainly putting many clients into some investments that certainly fit the ROI criteria.

It will be funny to see the amount of people in 2015 that will say, I wish I had have invested in 2005. All the same though, there are some rip offs out there and in some spaces I think the LISTING prices are the deceptive thing (as there many unrealistic vendors) but selling prices are actually quire reasonable!!

Take a look at the time ‘on market’ now that is getting well into the 90 – 100 day period, proof that it is a buyers market

Cheers, and hope I helped withouth giving rise to much chatter about speculation.

Regards

Gavin McPherson
Principal and Licensee in Charge
Oasis Property Buyers Agents
1300 55 1980
0414576314
http://www.oasisproeprty.com.au
[email protected]