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Forged

13,238 Posts.

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28/01/21

10:17

Post #: 50495263
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Originally posted by Uboy ↑

Cracker results last quarter in Melbourne metro - market was up 5.1%

No surprises at all - supply in premium / investor grade suburbs is just not there.

Stamp Duty and cost of change means folks are more likely to renovate than sell/buy.

A flood of professional Aussies coming home from OS is also placing pressure on demand in metro areas.

Expect another 10% growth this year in inner and middle ring suburbs.

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New car dealerships are running out of stocks. People with money still buy houses & cars.

Doomers always doom during doom & boom time.
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