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Boom! Sydney median house price soars to $1.18 million, Sydney rents also up for the year; Domain June Quarter Results - Great news for homeowners and property investors!
Topic Started: 20 Jul 2017, 11:47 AM (2,514 Views)
Trollie
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Rat
20 Jul 2017, 11:30 PM
Indeed, and it's even better if you have several houses to multiply the free money.
Smart thing to do is leverage those profits back into more investments
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Ex BP Golly
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Rat
20 Jul 2017, 11:47 AM
The good times keep rolling for homeowners and property investors in Sydney...

Sydney house prices jump again

Sydney’s property market has soared to new heights, with the median house price now $1.18 million, data released on Thursday shows.

It is now $130,000 more expensive to buy a house than a year ago, with prices up 12.7 per cent in the past 12 months.

But surprisingly, unit prices grew at twice the pace over the June quarter, suggesting supply is still yet to catch up with demand.


SYDNEY HOUSE PRICES
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SYDNEY RENTS
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2011-2012 was a great time to buy in Sydney. Prices have just about doubled since then. Terrible time to sell, if you were one of the twits who fell for the 40% crash nonsense. :D
Instead of "soars", or "booms" as you are want to proclaim dozens of times a year, can I suggest you use the word "balloons"?
Bardon
20 Jul 2017, 11:24 PM
Making $130k a year for doing nothing is a handy pastime alright.

Posted Image
In a bubble, dumb fuks think they are as clever as the guys shoes they shine.
Rat
20 Jul 2017, 11:30 PM
Indeed, and it's even better if you have several houses to multiply the free money.
Lol
Edited by Ex BP Golly, 22 Jul 2017, 08:01 AM.
WHAT WOULD EDDIE DO? MAAAATE!
Share a cot with Milton?
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DragonGM
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The $130K per year that is 'being made' is not coming out of thin air. It is being stolen from future generations. When the young-ones rise up and cut off the boomers heads, remember how you have destroyed their future.
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Bardon
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DragonGM
22 Jul 2017, 10:20 AM
The $130K per year that is 'being made' is not coming out of thin air. It is being stolen from future generations. When the young-ones rise up and cut off the boomers heads, remember how you have destroyed their future.
That just makes its intrinsic effortless value to me much higher, such juiciness is delectable.
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Simon_S
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Trollie
21 Jul 2017, 05:51 PM
Smart thing to do is leverage those profits back into more investments
Guess that makes you an Idiot......

Still no new purchases in 10 years...... :lol

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Rufus
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Simon_S
22 Jul 2017, 05:00 PM
Guess that makes you an Idiot......

Still no new purchases in 10 years...... :lol
Another bad day trading huh.
Never mind, there is always an opportunity to lose more money tomorrow.

What are you currently holding?
Take risks - if you win you will become wealthy, if you lose you will become wise
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Ex BP Golly
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Trollie
21 Jul 2017, 05:51 PM
Smart thing to do is leverage those profits back into more investments
What a spiv.
WHAT WOULD EDDIE DO? MAAAATE!
Share a cot with Milton?
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Mallard
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Thread killer

Simon_S
22 Jul 2017, 05:00 PM
Guess that makes you an Idiot......

Still no new purchases in 10 years...... :lol
I bought eight years ago. Doubled in price.

You didn't and you never will because you can't afford to now.

Hard cheese. Sucks the sweat off a dead man's balls to be you.
Collecting desperation.
Ex-Bp Golly April 2 2015. "I see with a slight overshoot -70% [fall in Sydney house prices] as being well within possibility"
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Trollie
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Simon_S
22 Jul 2017, 05:00 PM
Guess that makes you an Idiot......

Still no new purchases in 10 years...... :lol
I've made plenty of investments in the last 10 years.

How many have you made?
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Ex BP Golly
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Trollie
22 Jul 2017, 09:06 PM
I've made plenty of investments in the last 10 years.

How many have you made?
Paying to attend property seminars is not an investment.
WHAT WOULD EDDIE DO? MAAAATE!
Share a cot with Milton?
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