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hello from Melbourne

Discussion in 'Introductions' started by andreasas, 23rd Aug, 2006.

  1. andreasas

    andreasas New Member

    Joined:
    23rd Aug, 2006
    Posts:
    1
    Location:
    VIC
    Hello from Melbourne
     
  2. Glebe

    Glebe Well-Known Member

    Joined:
    15th Aug, 2005
    Posts:
    932
    Location:
    Sydney, NSW
    Hello from Sydney.
     
  3. Nigel Ward

    Nigel Ward Team InvestEd

    Joined:
    10th Jun, 2005
    Posts:
    1,172
    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?

    Cheers
    N.
     
  4. Chris.R_WA

    Chris.R_WA Well-Known Member

    Joined:
    7th Aug, 2006
    Posts:
    113
    Location:
    Perth, WA
    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.

    Cheers, Chris
     
  5. shake-the-disease

    shake-the-disease Well-Known Member

    Joined:
    9th Jun, 2006
    Posts:
    61
    Location:
    Melbourne
    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.