Search results

  1. E

    Melbourne purchasers beware!

    The credit environment was much different then, and prices were coming off a lower base than in 2013. So while the concept you are suggesting is sound in principle, it's unlikely the "ride" will be the same... we all need to realise that the credit boom is over, and because of that...
  2. E

    Melbourne purchasers beware!

    A tale of two cities.... A completed 24 Unit NRAS development in Rosehill (near Parramatta) had the first open inspection yesterday. Between 1pm-2pm , 20 deposits taken! Only 4 Units left.
  3. E

    Melbourne purchasers beware!

    With a population of that size, its only going to be the inner city areas that are going to see volatility, and thats because of a huge over supply of units coming to the market between now and 2014. Besides that, Melbournes not being heavily oversupplied in other areas so the market should...
  4. E

    Melbourne purchasers beware!

    But with a population the size of Melbourne the issue will be temporary- probably about 18 months of valuers being ultra conservative. Generally speaking they have already priced the oversupply in for existing stock and I'd expect it will start to plateau now. Unfortunately, those purchasers...
  5. E

    Melbourne purchasers beware!

    There are over 14,000 1,2 and 3 bedroom units due to come through the development pipeline in the inner city areas of Melbourne across the next 2 years. It's a lot of supply, but a city of Melbourne's size will absorb it within a few years... so yes, we will see downward pressure on inner city...
Back
Top