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.
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 Don Nicolussi.
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.
MRD provide ethical property investment expertise that drive long-term wealth creation
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