All Topics / The Treasure Chest / hmmm what will 2003 bring

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  • Profile photo of karenekarene
    Member
    @karene
    Join Date: 2003
    Post Count: 0

    2002 was an amazing year with prices in the inner brisbane areas rising dramatically….. I feel a lot of properties are over priced. Will they continue to rise? I would be interested in what others think

    Thanks

    Profile photo of seanandwendyseanandwendy
    Member
    @seanandwendy
    Join Date: 2002
    Post Count: 1

    Hey all,

    I think property growth will slow this year and maybe even halt for a period, but interest rates look stable so I don’t think property prices will fall dramatically.

    However if you have bought well, ie. undervalue in a tightly held area, you should still see some reasonable growth over the next 12 months.

    regards

    Sean

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