Yeah your average property investor buys at the top of the market - waits his time - pays top dollar - maybe 30 - 40K entry and exit costs. Spends 50k on reno puts on market because he has held it more than a week and not made a profit, then sells at a loss because no one else is selling at a profit , then he sells it at a loss to move it just in case he is stuck with it because interest rates are up. Risk you take if you are a longterm 1 month property investor. You may now go to Economics 2 with distinctions.
i have proof props have been rising, page-11
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Last
$65.96 |
Change
0.020(0.03%) |
Mkt cap ! $12.78B | |||
| Open | High | Low | Value | Volume |
| $66.20 | $66.20 | $65.34 | $16.45M | 250.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 478 | $65.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $65.97 | 713 | 1 |
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| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| ASX (ASX) Chart |