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Commodity bust will continue to weigh on economy and property, page-16

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nata12

5,717 Posts.

31/01/15

00:25

Post #: 14672706
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Originally posted by Sector Lead ↑

Melbourne is still showing 8.42% YOY growth on RP Data. Cooling off from the 12% run but still high with inflation under 2.5%

That is unsustainable in this environment imo...and only driven by low interest rates.
I say this with the fact that Melbourne experienced a very big boom in 2010, so this second +10% 18 month run means Melbourne has already moved the most since GFC.?

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Hi sector where do you think the goldcoast will go over the next 12-18 month

Just wondering because my assistant bought two investment properties there. Her collateral is her equity in her perth house ( what could possibly go wrong ).
Genuine question
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