3 very interesting auction results, page-6

people aren;t prepared to the pay the inflated prices that uneducated property investors buyers have been paying.

I fail to see why people who buy property think that it should always go up.

Property has boomed in most areas of melbourne, it is only normal for it come back, stabilise, before it can go to higher levels.

this idea that property is in shortage is a load of rubbish. It is just that people are only wanting to live in certain areas....

as melbourne property followers should know, the inner western suburbs has performed terrifically well, compared to outer south eastern suburbs, because houses are 5-7km from the city, under 500k, as opposed to 800k on the other side of the west gate.

we must see some consolidation, and a fall out from the higher interest rates.

it is only logial, that prices stall after the growth over the last 10 years. rents will continue to rise.

plenty of value still in property, just not in desireable locations. e.g capital cities....

ballarat, melton, pakenham, kilmore, moe, all cheap houses....