I believe prices in Inner melbourne and Sydney will hold as long as employment rates hold.
As we have an increasing population there is a shortage of proerty in the rental market , owner occupier housing has not increased in the last 3 years in line with the population growth .
With rentals now demanding a higher % of peoples income I beleive we will see more buyers than sellers in these markets and as a result the defaults and interest rates hurting one end of the market will be taken up at the other end of the market with new buyers, super funds, and more investors attracted to the better performing reantls that are now coming through.
I believe prices in Inner melbourne and Sydney will hold as long...
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Last
$60.74 |
Change
0.640(1.06%) |
Mkt cap ! $11.77B | |||
| Open | High | Low | Value | Volume |
| $60.20 | $60.74 | $59.80 | $24.18M | 399.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 300 | $60.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $60.75 | 1159 | 1 |
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