positive outlook on property thread, page-2

"Have we seen the bottom in Queensland? Have heard some terrible stories about people losing money there."

Undoubtedly the bottom was found for this cycle late last year or very early this year. It remains to be seen that the current growth spurt is sustainable, the risk being if Sydney and Melbourne run out of puff before the price rises feed into prices up here. We still haven't reached the previous peaks but with selling season upon us if there is still limited good quality property around anything could happen.

The horror stories of people doing their dough is limited to the off the plan apartments that drop more than 50% or the very high end multi-million dollar places that halved as well.

You could toss a coin and be more likely to pick the direction in 2014.