Mate of mine sold his place yesterday for $800,000 after purchasing it in late 2008 for $576,000. Handy little profit. I suspect anyone who bought in that GFC dip 2008-2009 has done well on today's values. 42 sq home in the burbs on a 1000sqm block.
Got out because he was struggling with the mortgage and birth of second child. He's timed it beautifully with this carbon tax. 42 squares is now a ball and chain.
