Australian Property Market - Is it a good time to Buy?

[LeMans2011]

Tat is y the golden rule is dont buy units or anything with body corporate. Buy landed house. Its bad enough dealing with council rates n all tat shit. still want to put up with bc? Also property with bc have less value than non bc due to higher operating expenses. Look at perth market. Units etc r cheaper than houses n appreciation is slower too.

So body corporate is the equivalent of the mtce & sinking funds contribution of strata titled property lah.... that was my question. I suppose those council fees payable by all houses are a lot lower.

 

[LeMans2011]

Melbourne is a little weird. Sub 600k dropped whereas above 1m houses rise.. And it seems to be growing again.

Is it due to the specific neighbourhood?

 

[Television]

Mcm famah je cina bukit.. lol

 

[Ash007]

Probably, due to certain, community, violence, crime etc. This is not to say they will always be low or won't grow. A good example in Sydney is the fairfield council which cabramatta is under. It used to be a very bad area, you can get houses there like 100K 10-20 years ago there. Now its 600K at least. Just because its bad now, doesn't mean its going to be bad in the future.

Is it due to the specific neighbourhood?

 

[axe168]

Sub 600k are normally represented by the blue collar workers. If there are job loses, these groups are the 1st to get axe & their houses will be placed on sale. More supply & less demand will contribute to the fall of property.

Is it due to the specific neighbourhood?

 

[The_Hypocrite]

Location. Location. Location

Probably, due to certain, community, violence, crime etc. This is not to say they will always be low or won't grow. A good example in Sydney is the fairfield council which cabramatta is under. It used to be a very bad area, you can get houses there like 100K 10-20 years ago there. Now its 600K at least. Just because its bad now, doesn't mean its going to be bad in the future.

 

[Time2Evacuate]

AU is a continent choke full of dried m&d, hot beach girls, and drunks and racists, and many asians from Malaysia, Singapore and PRC and Vietnam.

There are some good people, but majority are drunks and racists, yes.

Sad but true.

 

[Ash007]

Yes, over here they even have a series of documentary called DUmb, Drunk and racist.
[video=youtube;YRqOFW9j0rI]http://www.youtube.com/watch?v=YRqOFW9j0rI[/video]

AU is a continent choke full of dried m&d, hot beach girls, and drunks and racists, and many asians from Malaysia, Singapore and PRC and Vietnam.

There are some good people, but majority are drunks and racists, yes.

Sad but true.

 

[LeMans2011]

SG is an island choke full of wet m&d, ugly beach girls, and drunks and racists, and many FTs from Malaysia, India and PRC and Vietnam. There are some good people, but majority are dumb and racists, yes. Sad but true.

How does my editing look?

 

[Time2Evacuate]

How does my editing look?

touché

But I would edit the first reference to "drunks" (which still remains in your edit) to perhaps kiasu, kiasi or dumb.

 

[axe168]

Well said ! If you ask a businessmen about investing in a chaotic & crisis environment, they will tell you LIFE's GOOD !.

I doubt ppl will prefer in a rat race, rigid & orderly environment. Singapore is for compliant and ball-less residents..

:-)

AU is a continent choke full of dried m&d, hot beach girls, and drunks and racists, and many asians from Malaysia, Singapore and PRC and Vietnam.

There are some good people, but majority are drunks and racists, yes.

Sad but true.