The suburbs I own properties in and their up/down price for 2008 based on RP data.
SA
Glenelg up 12.2%
Adelaide up 7%
Thebarton up 4.5%
St Peters up 12.2%
QLD
Currumbin Waters up 9.5%
NSW
Marrickville down 2%
Mona Vale unit up 23.9%
average of 9.61% return first 4 months of 2008
28.83% p.a....not bad for a falling market....lol
The bank gives you 7% p.a....lol
The share market down 20% just this year
I know where my money will be parked....and buying
Although I do love to dabble in the speculative part of the sharemarket.
What I find amusing....actually staggering.... is that most people that fall on hard times either blame the broker, the bank , the agent, or subprime or the sun, the moon.......
how about just blaming yourselves for buying on 100% LVR's a McMansion....and then getting a credit card and buying a whopping big telly.
Cant wait for the day i hear someone say....
" I have to sell the house becuase i was a twit and bought a house that was not suitable for my income and then i pissed up the cash advance on the credit card and bought a big telly when the wife was pregnant".
House prices are overpriced....lol
Compared to what??......the house prices??......lol
They are what they are......
I bet my great grandma thinks my house at 900k is overpriced when she bought hers next door for 2.5k.
Its a bit like petrol.....everyone whingers about the price in Australia...overpriced, too high....again it is what it is.
Go fill up ya car in England.
The suburbs I own properties in and their up/down price for 2008...
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Last
$65.31 |
Change
-0.300(0.46%) |
Mkt cap ! $12.78B | |||
| Open | High | Low | Value | Volume |
| $65.93 | $65.98 | $65.15 | $2.852M | 43.39K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 81 | $65.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $65.33 | 74 | 5 |
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| Last trade - 12.29pm 14/11/2024 (20 minute delay) ? |
| ASX (ASX) Chart |