Now adjust for inflation and the $$$ paid out during this time...

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nippy

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08/01/23

16:34

Post #: 65585543
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Originally posted by Grant64t: ↑

LOL And this is just the BASE Battler Market
Yes for all the MUGS that where silly enough to purchase at the peak of the Housing booms, even out in the not so great outer working class suburbs of Brisbane/Sydney/Melbourne/Hobart/Adelaide/Perth things have turned out very profitable over the past 38 Years of ones working life.

I'm sure the SMART Chinese have already worked out the TREND

OUTER WORKING CLASS OUTER 25km - 30km BRISSY SUBURBS

1985 Brisbane 30Km outer reach >> Mugs purchased at the HIGH of $45,000 Today 2023 now worth a modest $700,000+
1993 Brisbane 30Km outer reach >> Mugs purchased at the HIGH of $70,000 Today 2023 now worth a modest $700,000+
2002 Brisbane 30Km outer reach >> Mugs purchased at the HIGH of $125,000 Today 2023 now worth a modest $700,000+
2007 Brisbane 30Km outer reach >> Mugs purchased at the HIGH of $240,000 Today 2023 now worth a modest $700,000+
2015 Brisbane 30Km outer reach >> Mugs purchased at the HIGH of $330,000 Today 2023 now worth a modest $700,000+
2021 Brisbane 30Km outer reach >> Mugs purchased at the HIGH of $570,000 Today 2023 now worth a modest $700,000+
2023 Brisbane 30Km outer reach >> Mugs purchased at the HIGH of $700,000 Today 2023 now worth a modest $700,000+Question: What's The Trend?
Answer $$$$ PROFIT even when purchasing at a seemingly record HIGH

Trend is your Friend

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Now adjust for inflation and the $$$ paid out during this time and give us the figures again including inflation on the dollars paid out each year.

Then include the pre 1985 figures to include the property falls before then.. eg gold coast units halved in value as did Cairns and Townsville.
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