Residex Reports : Negative growth in Brisbane

Viewing 7 posts - 1 through 7 (of 7 total)

111111
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@111111
Join Date: 2003
Post Count: 29
March 15, 2004 - 8:10 am
http://www.finance.news.com.au/common/story_page/0,4057,8970511%255E14302,00.html http://www.finance.news.com.au/common/story_page/0,4057,8970511%255E14302,00.html
yack
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@yack
Join Date: 2003
Post Count: 1,206
March 15, 2004 - 8:21 am
A bit of reality finally hitting Brisbane!!!!!
kay henry
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@kay-henry
Join Date: 2003
Post Count: 2,737
March 15, 2004 - 8:59 am
See, my problem is…
REIV says: REIV News
12 month house market wrap
The Age – 28 February 2004
Melbourne’s residential property market maintained its upward trend with a median house price of $363,000 being recorded for 2003. This represents growth of 11.8 per cent growth since 2002 and a staggering 81.8 per cent growth since 1998.
… whereas the above link on this post states:
Median house prices in Brisbane have increased by 300 per cent since 1986 and around the country by 329 per cent.
i have real difficulty with such differing statistics. I know one is ’96 and the other is ’98, but prices were flat from 96-98 anyway, so it makes buggerall difference.
What gives folks? Can we believe Residex, CommSec, the REI’s? What about Matusik? homeprice.com.au? The ValuerGeneral?
By the way, I thought the link was agood article 111111, but I have just read so many differing perspectives, it’s hard to be definitive.
kay henry
melbear
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@melbear
Join Date: 2003
Post Count: 2,429
March 17, 2004 - 12:37 pm
Kay, the year referred to in your post, and the article is 1986, not 96, so might explain the difference in the stats!![evo]
Love the new smilies.[exhappy]
Cheers
Mel
kay henry
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@kay-henry
Join Date: 2003
Post Count: 2,737
March 17, 2004 - 10:17 pm
Mel,
Thanks for the mistake pickup :o)) Another mistake I made is that the stats I quoted related to Melbourne and Brisbane- different markets- hehe.
Luckily I’m not Mark Latham- there’s less fallout when I make a mistake than there is when he makes a mistake
Yeah, the new smileys rock. You gonna get yourself an avatar, mel? I quite like being green.
kay henry
JetDollars
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@jetdollars
Join Date: 2003
Post Count: 2,435
March 18, 2004 - 1:55 am
There you go, negative gearing people! now even more negative! Where as positive gear before = neutral now…lol
Kind regards
Chan Dollars
[Retire Young, Retire Rich] [strum]
melbear
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@melbear
Join Date: 2003
Post Count: 2,429
March 18, 2004 - 1:59 am
Hey Kay
Yeah, I’m gonna get me a picture, but I want to catch up on all the postings I haven’t read before I actually log in again. I like to work on the ‘active topics’ bar, from last login, and if I do that now and don’t read them all it will mess it up.
Besides, I’ve gotta make sure mine is unique. I saw that Grizzly Bear took the Bear, so I’ll have to have a sticky and see what options there are!![cap][confused2][comp][cigar][buz2]
Cheers
Mel