interesting article.
http://www.smh.com.au/business/the-...even-higher-house-prices-20150615-gholmq.html
Employment is going well
Falling AUD
Property hype by media
Record low interest rate
Higher cost of subdivision
slow approval process.
are contributing factor to price.
Hearing bubble is going to burst soon.. but as long as above factors stays strong and govt doenst introduce any new policy.. i personally don't see this boom coming to end any time soon ... (12-18 months)
Investor will just keep moving to more affordable states/cities..
Sydney..melb..Brisbane..Adelaide...
http://www.smh.com.au/business/the-...even-higher-house-prices-20150615-gholmq.html
Employment is going well
Falling AUD
Property hype by media
Record low interest rate
Higher cost of subdivision
slow approval process.
are contributing factor to price.
Hearing bubble is going to burst soon.. but as long as above factors stays strong and govt doenst introduce any new policy.. i personally don't see this boom coming to end any time soon ... (12-18 months)
Investor will just keep moving to more affordable states/cities..
Sydney..melb..Brisbane..Adelaide...