I'm certainly no expert on Real Estate although I hold a few investement properties. My RE strategy would be considered "buy and hold" and always maintain a gearing of less than 50%. Hence I can be reletively relaxed about this part of my investments.
Now, my reason for posting.
I have relatives who own a RE agency in a suburb of Brisbane (Ipswich area). Talking to them last week they are experiencing the highest demand for property that they have seen for many years. They literally cannot get enough sellers and properties are selling within one day of listing. We are primarily talking the lower end of the market ($150k and up).
I have no real understanding of whether this is an extremely local phenomenon and what the reason is but thought I should throw it into the mixing pot on any RE value discussion.
