Still haven't pulled the trigger but I feel I am close to it.
I think in the next few months it should reach 120. Few reasons I think will work in my favor
1. There are plenty of properties now that don't get sold in so call "desirable suburbs". We are surely turning a corner in the property market
2. Inflation is a lot higher than people appreciate. I would think headline numbers are very misleading. There is a high chance of a policy error from the fed when taming inflation. when the US market trends down usually Australia follows.
3. Labor government is always a risk for the property. We have incredibly bad options from both parties.
REA Price at posting:
$128.50 Sentiment: Buy Disclosure: Held
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