Yep, breaks me effin' heart - Property in that inner mid northern ring is smokin' hot. Madness, madness, madness; Crazy, crazy, crazy. I've got one in Geebung 'n one in Banyo - Both just a touch further out. ('N both debt free.) So yeah sure, I'll 'profit' from it I guess? But truly can't bring meself ta see it as a good thing.
Hmmm - What's youse dudes thoughts on Southport right about now? (Saw something down that way that I reckoned looked OK not too long back.)
Yep, breaks me effin' heart - Property in that inner mid northern ring is smokin' hot. Madness, madness, madness; Crazy, crazy, crazy. I've got one in Geebung 'n one in Banyo - Both just a touch further out. ('N both debt free.) So yeah sure, I'll 'profit' from it I guess? But truly can't bring meself ta see it as a good thing.
Hmmm - What's youse dudes thoughts on Southport right about now? (Saw something down that way that I reckoned looked OK not too long back.)
I used to believe that the market needs FHB's but it has been proven over recent years that it is not the case. Of course sales volumes and prices are linked, but as prices rise many sellers take their homes off the market, so sales volumes fall and stock on the market contracts.
Note that according to your graph the peaks and troughs run about 12 months behind sales volumes. If that time lag remains then recent increases in volumes haven't fed into prices yet.
Mmmm Southport seems to still be in a world of pain...
3 HARCOURT CRES, SOUTHPORT, QLD 4215 Sales History Sale Amount: Sale Date: % Chg: Vendor: Sale Type: Area: Related: $680,000 29/08/2013 -22.3% xxxx Agents Advice - Sale 1 m² No $875,000 13/01/2007 25.9% xxxx Normal Sale 0 m² No
The increase in units volume is reversed in the unit pricings...They are dropping, not levelled.
Hmmm - Additional mental notes to me: Go and get a family trust deed made up and buy the effing' property at Southport - Bitch, bitch, bitch; Moan, moan, moan; Chunna, chunna, chunna - 'Effing' RBA!!! ...
A Professional Demographer to an amateur demographer:"negative natural increase will never outweigh the positive net migration"
Yep, breaks me effin' heart - Property in that inner mid northern ring is smokin' hot. Madness, madness, madness; Crazy, crazy, crazy. I've got one in Geebung 'n one in Banyo - Both just a touch further out. ('N both debt free.) So yeah sure, I'll 'profit' from it I guess? But truly can't bring meself ta see it as a good thing.
Hmmm - What's youse dudes thoughts on Southport right about now? (Saw something down that way that I reckoned looked OK not too long back.)
debt free half ya luck & a good feeling!!, geebung and banyo should do alright from here on herb.
I dont keep an eye on Southport however I know the area from working down that way a long time a go, fuck looks like its still pretty cheap overall.
Buy in the right street is the key as there are some absolute dud areas!!
I think you could do a lot worse.
I had a quick look and come up with this, I f you could get it at the lower end of the range.
It's pretty obvious that the Gold Coast is recording more sales and at higher prices. Still a long way to get back to normal though.
The real issue for the GF is population ageing. Without new jobs and people, it is very likely that the GC will level of in volumes and prices will decrease.
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