Properties have probably already dropped about 10% in Melbourne, (from their peak last year) my guess is there's probably still another 10 - 15% to go ... over the next year or so - especially with interest rates rising , the investors disappearing and the growing number of unsold properties .
So I reckon it's a good time to save .. earn interest in the bank and wait for the bargains !
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- property prices slide by david and libby koch
Properties have probably already dropped about 10% in Melbourne,...
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