澳洲Australia property Qld House prices set to soar | Sydney


在澳大利亚 I need some advice regarding a property purchase. Property - semi-detached house Bedrooms - 2 Condition - average needs internal reno to modernise Street - one of the best in suburb Location - excellent Close to schools - yes Transport - 50m The pool at of an IP needs to be resurfaced (or so the pool doctor says), the cost was estimated to be $10K ($10,000), after recoverying from my impresssion of a cat coughing up a fur ball, it just seems far too much. Its just a standard poo


Heres an article for all the out of staters who might not see it in the local paper
http://www.news.com.au/couriermail/story/0,23739,24303749-952,00.html

"The median price of a Queensland house has risen between 10 to 20 percent in most places over the last 12 months"

I actually expect outer areas, regionals to hold or fall because the price differential between inner Brisbane and other areas is just not there at the moment, but saying that I suppose the inner could always increase at a greater rate. You can still buy workers cottages on freehold land in Brisbane city (petrie terrace area near SUncorp stadium Roma st parklands for $600k). Not possible in Syd or melbourne  

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Noooooooooooooooooooooooooooooooooooooooooooooo!

12 more months to bag bargains would have been nice.  

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ianvestor, i expect 3 months to go, dispite the news papers, i need 6 at least, although, the rates should fall {i hope} for a year or two.
rene rifcon said the trick is not to pick the top and bottom of a market, but to buy before it hits the top and sell before it hits the bottom, a no brainer if you ask me. the news papers always paint the average pictures, just like the rifcon subscribtion, if the papers say up the public say how high, ss just gives us an understanding why.  

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ianvestor said: ↑
Noooooooooooooooooooooooooooooooooooooooooooooo!

12 more months to bag bargains would have been nice.Click to expand...
ianvestor,

I don't think the market will rush that quick, with spring sales increasing there will be bargains due to allot of property's on the market.

:)  

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RPI said: ↑
Heres an article for all the out of staters who might not see it in the local paper
http://www.news.com.au/couriermail/story/0,23739,24303749-952,00.html

Shameless spruiking from the REIQ. I suppose they have to attempt something with such excess supply.Click to expand...
 

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craigb said: ↑
rene rifcon said the trick is not to pick the top and bottom of a market, but to buy before it hits the top and sell before it hits the bottom,Click to expand...
I'll think you'll find that Rene Rivkin was referring to the share market here, but I guess you could apply it to RE but the transaction costs (as you probably know) are much higher.  

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Yes, Ian, Ì think you have about 6-9 months.

I've been saying for about 6 months that now is the time to buy. People won't ruch iin but you can bet there will be a few of us guys out there looking for that bargain.

I love to hear about QLD property prices soaring as that is where most of my eggs are!:)

Regards JO  

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How did you guys do on this prediction?

Just curious what actions were taken as a result of this discussion and whether the outcome was favourable for you.  

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