Hey guys,
What are the suburbs in Melbourne which are trending towards a boom period for investment properties in the next 5 years or so? I heard St Kilda West and Horsham are good bets for investment properties at present, what do u guys think? [suave]
Check out this weeks BRW titles “Unreal Estate” it highlight the expected top 10 performers in each State. The cover story is about the expected million dollar suburbs in 2010.
It highlights St Kilda West as the top growth suburb.
Mal
Getting out of your comfort zone, can help you become comfortable
Yeh cheers ill look it up
I heard Frankston is going to be the big winner in 2006? What do u think?
Originally posted by Sweet:Yeh cheers ill look it up
I heard Frankston is going to be the big winner in 2006? What do u think?
You would be better off buying an apartment in St Kida than a house in Frankston.
Frankston has had its run and their is little to push property values up in the near future. The Marina and the new freeway have already been factored into Frankston prices, with some significant hikes a few years ago.
Michael Yardney
METROPOLE PROPERTIES
Author of Australia’s leading property e-magazine.
Join over 10,000 readers each month.
FREE subscription http://www.PropertyUpdate.com.auOrite sounds like Frankston is a no go, where is the wrong side of the tracks in St Kilda, maybe I can find a cheap apartment that will receive CG’s in the years to come?
Look
whats going on here…….
how many gurus can we take
micheal yardney….
“Frankston has had its run and their is little to push property values up in the near future.”Greg Hocking..director Stuart Hocking
“”Frankston’s a sleeping giant”
(the key..sunday herald)two many gurus spoil the bro….the investment….
thats a 180 degree opposite view…..
OK another gurus opinion…
Hon Peter Costello..Member for Higgins…and the “World Greatest Treasurer”
In Australia, consumption is expected to moderate over 2005-06 and 2006-07, from the very strong growth of recent years. While the increase in petrol prices during 2005 will have contributed to the slowing in consumption, the moderation predominantly reflects the plateau in house prices. Dwelling investment has also moderated, although the current dwelling cycle is likely to be very muted compared with past cycles. In contrast, business investment remains strong and is expected to continue to grow strongly over the forecast period. Strong demand for commodities and high rates of capacity utilisation should support business investment.”Spoken like a true liberal…….
“what did he say?”
“property’s stuffed”
“na…he said muted”
“same thing, have a look at the back bench….muted….stuffed…same thing”
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