re: melbourne property (cd) "is there a little bit more that can be squeezed out of the market."....copydog, are you crazy?
I don't know where you're from but here in the Eastern Suburbs jungle of Sydney, buyers are pulling out guns to discourage other bidders at auctions.
IT IS RED HOT! let me repeat IT IS RED HOT!
In Melbourne, if one excludes Docklands, the auction market is still running at a boom sustaining 75%. And if one draws parallells with the Pyrmont experience in the mid 90's, as soon as excess supply is taken up and more infrastructure is put in place, Docklands will continue on it's merry way.
Repeat after me, "UNTIL INTEREST RATES RISE PROPERTY PRICES WILL RISE" and no amount of hot air is going to stop it.
question for acouch, page-27
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Last
$135.63 |
Change
0.660(0.49%) |
Mkt cap ! $226.9B | |||
| Open | High | Low | Value | Volume |
| $136.48 | $136.58 | $135.60 | $165.4M | 1.218M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 998 | $135.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $135.64 | 2575 | 1 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| CBA (ASX) Chart |