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Old Posted Apr 17, 2011, 12:31 AM
Onn Onn is offline
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Join Date: Apr 2010
Location: The United States
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Quote:
Originally Posted by tayser View Post
they've been saying that for years - however when the residential vacancy is around 4% and population growth at 250k p/a many people will disagree.

In the early 2000s in Melbourne the high-rise construction was concentrated in CBD + Docklands + Southbank. It's now spread to the whole middle ring of 'burbs - so yeah big ones are taking their time, but they're not out of the game!
Ehh this was published today...

Quote:
Melbourne home property prices plunge
Karen Collier From: Herald Sun April 16, 2011 12:00AM

MELBOURNE'S property bubble is bursting, with $400 a day wiped off the average house price in the past three months.
http://www.heraldsun.com.au/ipad/mel...-1226039937945