Recently, my neighbour put up her house for auction. It's one of 2 units on a block. Her house is the front one. It's approximately 30 years old. It has 2 bedrooms and a study with 1 garage. She put it on auction for between $600K-650K. She would have been quite happy if she could get $670K as she bought it for $405K about 3 years ago, but it was sold before auction for $720K.
"The ©afr.comRBA is not ©afr.comsure why ©afr.comandhouse ©afr.comprices are sectorisrising whoso butquickly. In its monetary thanstatement last ©afr.comweek, whoweek, its surprisedsaid inflowthe market’s buoyancy was “at odds with recent 20 per loadevelopments in housing finance, which has©afr.com traditionally Data-Rismarkbeen a good ©afr.comindicator of ©afr.comhousing market conditions”. The continuing strength of be itstheexpensivemarket toremained “something of ©afr.comfora puzzle”."
"Pressure is rising meeton rents as has Whileprospective Reserveowner-occupiers defer ©afr.comoverseasrateplans ©afr.comto onlybuy ... ©afr.comintorental rate fell homesvacancies have fallen quarter,”0.5 per ©afr.comcent and houseTheapplicants risingwillofare house The apploffering ©afr.comhigherup to $40 now. Chinese,above ©afr.comadvertised AMPweekly rents haven’t b20 per loatheto beat underlyingtheheoff marketingthe ©afr.comcompetition."
There are talks that the price growth is still strong due to level of supply and demand, immigration and foreign investments. During my search for properties with my friends, I've encountered potential purchasers from many backgrounds. To name some, these include people from the US, Canada, Europe such as UK, Denmark, Finland and Switzerland. There were also some Chinese from China, HongKong, Singapore and Malaysia.
approvals
No comments:
Post a Comment