Hey pplz,
I like many people have been investing in the melbourne market and have done pretty well... so far anyways... let see how the next 5 yrs pans out for shares, property etc....
With clearance rates in melb being approx 70% and bris approx 18%, some melb investors have been looking hard at bris currently.
I feel nothing will change the demographics which causes the low clearance rates any time soon however some people say expensive prices in melb/syd will cause ppl to look at qld.... i think it will make ppl stay in melb and syd but downgrade prop type.... any opinions?
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