Discussion in 'Introductions' started by andreasas, 23rd Aug, 2006.
Hello from Melbourne
Hello from Sydney.
Welcome to InvestEd Andreasas
Can you give us some "on the ground" feedback about what's happening in the Melbourne property scene at the moment?
Recovery, still flat, on the way down?
Are rents rising? How is the vacancy rate?
Hello from Perth!
I would also be interested in a Melbournians view on the Melbourne market. I am looking at a secondment there for work late next year, and have virtually zero knowledge of the trends there.
There's no single answer for Melbourne so here's my gross generalisation for houses: up to 400 is cold, then to 5-600 is cool, on to 800 is warm, over 800 is pretty hot.
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