melbourne auction market in limbo, page-14

"Maybe it is in small country towns, Gold Coast or 40km out of towm in Kath & Kim subsurbs, certainly not in prime areas with strong rental demand."


You cant handpick the strong areas, the rest is tanking as too the city.

As for hoise labour staying cos thats what it "costs" - ridiculous.

4,500$ to laser level a block for 5 hours?
120$/hour to wire and dig a few holes?

Those wages can be halved and will