price rise of 80% in 9 years

  1. 17,117 Posts.
    that is after a drop of 10.5% in 2009
    and by 2011 it had regained the 10%
    looks like that opportunity has passed
    and sales are going well for 2012....
    sales for nov and dec were higher than normal,
    that suburb usually sells 40 houses a month... but they sold 50 each the final 2 months....
    probably some getting in for the stamp duty exemptions
    but a lot of homes were much higher than a fhb budget

    property is similar to....horses for courses...not all horses can run the course or distance, or is evenly weighted, or evenly matched, or comparable

    http://www.rs.realestate.com.au/cgi-bin/rsearch?a=sp&s=nsw&u=albury
 
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