Australian House Prices in the black for 2012

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moxi10
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@moxi10
Join Date: 2010
Post Count: 194
April 25, 2012 - 9:46 am
waydo77 wrote:
hey moxi10, did you go throiugh a buyers agent at all for the mackay property?
Hey waydo
I did it the hands on way. Took a few days off work, flew up from the central coast NSW and hit the ground in Mackay. Pretty happy with what I ended up with. House now tenented at $700 p/wk.
Andrew_A
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@andrew_a
Join Date: 2003
Post Count: 392
April 30, 2012 - 1:54 am
Brisbane house prices back in the black for 2012 as well according to Residex indices.

larger pic
Melanie Monico
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@melanie-monico
Join Date: 2012
Post Count: 2
May 4, 2012 - 3:55 am
simple wrote:
Interesting stats, as long as you know how data is calculated.
Say, if we have more high end properties sales recently, it will indicate that house prices grow for this period:)
Very different story on the streets, people loosing jobs, even QUT in Brisbane just shed a lot of people who are long therm (over 10 years there). We dismissed over 15% from our manufacturing facility in last 12 months.
Who is buying in 2012 ?
For investors yield is too low, bank give higher return in interest rates.
There are Government initiatives and financial help in place which are worth noting:
http://bit.ly/JaCuZc
Having read other posts on this thread; home buyers will hopefully start feeling more confident about entering the market if the opportunity is there.
Andrew_A
Participant
@andrew_a
Join Date: 2003
Post Count: 392
May 8, 2012 - 2:18 am
Melanie Monico wrote:
simple wrote:
Interesting stats, as long as you know how data is calculated.
Say, if we have more high end properties sales recently, it will indicate that house prices grow for this period:)
Very different story on the streets, people loosing jobs, even QUT in Brisbane just shed a lot of people who are long therm (over 10 years there). We dismissed over 15% from our manufacturing facility in last 12 months.
Who is buying in 2012 ?
For investors yield is too low, bank give higher return in interest rates.
There are Government initiatives and financial help in place which are worth noting:
http://bit.ly/JaCuZc
Having read other posts on this thread; home buyers will hopefully start feeling more confident about entering the market if the opportunity is there.
Plenty of buyer enquiry, no doubt brokers are noting that as well. Will be interesting to see what the increase in enquiry translates into, which is really the important point.. do people take action or are they still waiting!?