Browse Forums General Discussion Re: Where to buy to Sydney? 14Jan 11, 2016 8:41 pm Stewie D The rate at which house prices are increasing may have slowed down but they are still increasing. Sydney is one city where supply can't keep up with demand and I've read that to keep up with it there needs to be another 50,000 homes built right now let alone when the population increases over the next year. Coupled with that China has just relaxed its limit on what its citizens can invest overseas each year. Sydney is seen as a top place to invest by Chinese investors which will add to the upward thrust of the market. I personally wouldn't wait too long to buy a place. Stewie And yet..... http://www.dailytelegraph.com.au/reales ... 7704325032 Ive noticed in the past, in the outer areas of Sydney, prices can increase, and also decrease substantially according to the current market perception , ( bull or bear) as it did post GFC. I doubt Melbourne would be too much different. In 2015 mainstream media actually turned and proposed the boom was over. I am sure we will see a massive correction in the coming few years, due to a number of economic chickens coming home to roost. Holden is shutting down this year for one, Coles/Woolies/many other big companies dropping off staff, D1ck Smith/Laura Ashely down the tubes, etc,etc and unemployment just under 10% , unless you want to believe the govt and their bogus 6%. I wouldnt like to be buying right now... Looking at some of the designs on websites, they are all selling very similar products. I get that you want something stylish. It's worth looking for search terms like SaveH2O… 2 7010 Hi I live in a 100yr old semi and my neighbour added an additional floor last yr and our architect has advised that we can knock down our semi and build a free-standing… 0 37723 Hi all, We are looking to build a new two storey house in western Sydney. Can anyone recommend a smallish builder to go with? We are trying to stay away from the big… 0 12157 |