Where do you expect Australia property values to be in 12 months?

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Benny
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@benny
Join Date: 2002
Post Count: 1,416
July 10, 2015 - 1:32 pm
Where do you expect Australia property values to be in 12 months?

Significantly lower

Somewhat lower

Similar to today

Somewhat higher

Significantly higher

Significantly lower
Somewhat lower
Similar to today
Somewhat higher
Significantly higher
×
You or your IP had already vote.
Hi all,
This thread is for discussion of this poll. Please submit your vote and your thoughts on why!
Benny
wadez
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@wadez
Join Date: 2013
Post Count: 18
July 10, 2015 - 3:12 pm
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?
Benny
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@benny
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July 10, 2015 - 5:21 pm
Hi Wadez,
Thanks for the idea…. Do you have an idea that such a decline is likely?
Corey Batt
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@cjaysa
Join Date: 2012
Post Count: 1,010
July 11, 2015 - 10:35 pm
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
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wadez
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July 12, 2015 - 9:38 pm
The question is not about likelihood or timing but instead preparation
Don Nicolussi
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@don
Join Date: 2005
Post Count: 1,086
July 21, 2015 - 1:10 pm
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, 8 months ago by Don Nicolussi.
Don Nicolussi | Property Fan
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James MRD
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July 23, 2015 - 3:19 pm
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
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MRD provide ethical property investment expertise that drive long-term wealth creation