growth rates here are to do with melbourne!article has lots of graphs and it realllllly is worth reading if you are melbournite (melbournian, melbourner ???)
........You can see here that the growth rates for both stepped backwards. It's one thing for a city to have lower rental yield growth rates ? there are other strategic factors to take into account when selecting property ? but it's quite another for it to be the only city where growth rates are declining.
According to SQM Research?s latest newsletter, Melbourne has recorded the equal largest increase in stock coming onto market, registering a whopping 60.9 per cent increase from this time last year. Melbourne?s increase in stock is well above the national average increase of 47.6 per cent...............article continues
http://www.businessspectator.com.au/bs.nsf/Article/Melbourne-property-prices-bubble-pd20110414-FW4ZR?OpenDocument&src=kgb
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- melbourn re going down fastest and most!
melbourn re going down fastest and most!
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