thoughts on melbourne?

  1. 3,404 Posts.
    My anecdotal evidence is things are very quiet. People aren't bidding and don't seem in a rush to buy. Plenty of people at opens though, seems many are happy to wait for the prices to meet the market?

    With the local economy set to weaken I'm thinking prices will go sideways or a little down over the next 12 months.

    What's are others observations and thoughts?
 
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