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Large exodus coming out of Victoria, particularly...

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TruffleDog

5,068 Posts.

123

06/01/21

07:03

Post #: 49967137
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Originally posted by Hawketrader: ↑

Property on the Mid North Coast is going gang busters in the last quarter up over 8%. We purchased 2 more properties in the last 6 months on the Mid North coast both returning over 7% pa and now potentially some healthy capital gains in a very short time.
If we had of listened to the doomsayers on this forum we would have missed this increase.
I have been a member of Hot Copper for 16 years and the ongoing predictions of a 40% drop have been here just as long. In reality we have seen at least a 100% increase over that time.
I suspect we will see the same growth over the next 10 years.

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Large exodus coming out of Victoria, particularly Melbourne.

Victoria has become Australia's California.
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