Northern coastal suburbs of Perth seem to be dropping in the last year..
Another 10-15% next year is plausible but not a given.
Have been watching for a couple of years as I'm needing to buy a second house in next year or so..
Will be only borrowing half the money so a drop would be ok for me. Might be able to get a better house or closer to the beach..
Will be very surprised if it doesn't go up a bit by the time I sell it in 15-20yrs though...
Before anyone bags me for what ever reason just remember you don't really know my reasons for buying and what's good for your investment style might not work for me (you might be richer or poorer).
Timing is everything regardless of investment (property,business or shares)
