Australia Property

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CoreLogic Monthly Indices

CoreLogic RP Data Daily Home Value Index: Monthly Values - 28 February 2017

Units 
% Change Year on Year 

Brisbane -2.07

Melbourne 3.30

Sydney 15.40

Perth -5.04
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Discounts and 25 year rental guarantees to lure Chinese apartment buyers 

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Sizzling hot deals: Brisbane apartments offered at 39pc discount in 'fire sale'
A marketer is offering discounts of up to 39 per cent on apartments in a newly-completed residential development in a sign that Brisbane's apartment oversupply may be biting.

Two-bedroom apartments in The Hudson development on Albion Mill marked down from $805,000 to $490,000, three-bedroom penthouses cut from $1.2 million to $960,000 and one-bedroom units reduced to $335,000 from $445,000 feature on the price list David Carter from Landmark Asset Services sent to clients this week.

An attached flier offered 'Sizzling Hot Deals'.

"The funder has taken the project off the developer and has given us four weeks to sell the remaining 50 or so apartments," Mr Carter wrote in the email.

Read more: http://www.afr.com/real-estate/residenti...328-gv8q9k
Virtual currencies are worth virtually nothing.
http://thebluefund.blogspot.com
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(29-03-2017, 12:29 PM)BlueKelah Wrote: Sizzling hot deals: Brisbane apartments offered at 39pc discount in 'fire sale'
A marketer is offering discounts of up to 39 per cent on apartments in a newly-completed residential development in a sign that Brisbane's apartment oversupply may be biting.

Two-bedroom apartments in The Hudson development on Albion Mill marked down from $805,000 to $490,000, three-bedroom penthouses cut from $1.2 million to $960,000 and one-bedroom units reduced to $335,000 from $445,000 feature on the price list David Carter from Landmark Asset Services sent to clients this week.

An attached flier offered 'Sizzling Hot Deals'.

"The funder has taken the project off the developer and has given us four weeks to sell the remaining 50 or so apartments," Mr Carter wrote in the email.

Read more: http://www.afr.com/real-estate/residenti...328-gv8q9k


https://www.valuebuddies.com/thread-157-...#pid138198
 
Please be responsible and accountable for your actions.
 
I am accusing you of distorting report. Am I right or am I wrong?
______________________________________________________________________________________________________________________
Research, research and research - Please do your own due diligence (DYODD) before you invest - Any reliance on my analysis is SOLELY at your own risk.
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(29-03-2017, 01:12 PM)Boon Wrote:
(29-03-2017, 12:29 PM)BlueKelah Wrote: Sizzling hot deals: Brisbane apartments offered at 39pc discount in 'fire sale'
A marketer is offering discounts of up to 39 per cent on apartments in a newly-completed residential development in a sign that Brisbane's apartment oversupply may be biting.

Two-bedroom apartments in The Hudson development on Albion Mill marked down from $805,000 to $490,000, three-bedroom penthouses cut from $1.2 million to $960,000 and one-bedroom units reduced to $335,000 from $445,000 feature on the price list David Carter from Landmark Asset Services sent to clients this week.

An attached flier offered 'Sizzling Hot Deals'.

"The funder has taken the project off the developer and has given us four weeks to sell the remaining 50 or so apartments," Mr Carter wrote in the email.

Read more: http://www.afr.com/real-estate/residenti...328-gv8q9k


https://www.valuebuddies.com/thread-157-...#pid138198
 
Please be responsible and accountable for your actions.
 
I am accusing you of distorting report. Am I right or am I wrong?
______________________________________________________________________________________________________________________

Boon ,  You confronted him in the thread of St****** for doing the same and he stayed away from that thread .Now he comes to this thread to
continue the same endeavor . Waiting for his reply
!
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Hi Boon,
Thanks for catching the mistake in the St****** thread by Blue Kelah.

hi Blue Kelah,
The headline "Brisbane apartments offered at 39pc discount in 'fire sale'" and first sentence "A marketer is offering discounts of up to 39 per cent on apartments" are totally different in actual. It sounds like a headline grabbing article to me, IMO. I think you know the difference between the former and latter, and know what i am referring to as well. This is just a case of confirmation bias and does no one, any good. I mean, prices are not going to actually move, if you mis-represent them.

In forums, there is an invisible "speed of trust". With trust, things can only get better. Without it, the only way is downhill. We can all do better.

Moderator
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(29-03-2017, 03:33 PM)weijian Wrote: The headline "Brisbane apartments offered at 39pc discount in 'fire sale'" and first sentence "A marketer is offering discounts of up to 39 per cent on apartments" are totally different in actual. It sounds like a headline grabbing article to me, IMO.

To be fair, I believe BK lifted directly from the Australian Financial Review... and headlines needs to be eye catching to sell papers. Think it's very typical of papers in Aust. A recent example I can think of is below which was published during the state elections (with One Nation barking in the background) when people were especially sensitive to "Chinese" buyers... 

"Gas retailer Alinta Energy sold to Chinese company"
https://thewest.com.au/business/oil-gas/...b88416951z 

Have to be more discerning when reading newspapers (or anything else) these days...
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Extracted from MB's recent special report, things aren't not looking good in Perth... and doesn't seem to be getting much better
 
[Image: WA-Wages-Salaries.jpg]
[Image: WA-Construction-vs-Population-1.jpg]
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(29-03-2017, 01:12 PM)Boon Wrote:
(29-03-2017, 12:29 PM)BlueKelah Wrote: Sizzling hot deals: Brisbane apartments offered at 39pc discount in 'fire sale'
A marketer is offering discounts of up to 39 per cent on apartments in a newly-completed residential development in a sign that Brisbane's apartment oversupply may be biting.

Two-bedroom apartments in The Hudson development on Albion Mill marked down from $805,000 to $490,000, three-bedroom penthouses cut from $1.2 million to $960,000 and one-bedroom units reduced to $335,000 from $445,000 feature on the price list David Carter from Landmark Asset Services sent to clients this week.

An attached flier offered 'Sizzling Hot Deals'.

"The funder has taken the project off the developer and has given us four weeks to sell the remaining 50 or so apartments," Mr Carter wrote in the email.

Read more: http://www.afr.com/real-estate/residenti...328-gv8q9k


https://www.valuebuddies.com/thread-157-...#pid138198
 
Please be responsible and accountable for your actions.
 
I am accusing you of distorting report. Am I right or am I wrong?
______________________________________________________________________________________________________________________


[Image: images?q=tbn:ANd9GcT95M6QgeRRen-yO_bRmHy...rkGSRix6hF]

[Image: images?q=tbn:ANd9GcRrEK2EOI9V1EsibduQVJQ...AgCD4SzxxA]


[Image: images?q=tbn:ANd9GcT3tvgjAd5Lf1aeOf8_LE3...f6EoZHm1N9]
Research, research and research - Please do your own due diligence (DYODD) before you invest - Any reliance on my analysis is SOLELY at your own risk.
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Of course no one can predict with certainty what will happen to houses prices from here...................

WHAT COMES AFTER THE HOUSING BOOM?
By Brendan Coates, Grattan Institute
https://pursuit.unimelb.edu.au/articles/...using-boom
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Should we really fear this housing bubble talk?
By Peter Switzer
http://www.switzer.com.au/the-experts/pe...bble-talk/
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Impending property 'calamity' an 'over-reaction
Simon Johanson
http://www.smh.com.au/business/property/...wgema.html
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What to make of Altair's decision to 'sell everything' and return cash
by Patrick Commins
http://www.afr.com/opinion/what-to-make-...529-gwfzjm
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Research, research and research - Please do your own due diligence (DYODD) before you invest - Any reliance on my analysis is SOLELY at your own risk.
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Two Perth family homes for the price of one Sydney property
Lisa Quartermain, PerthNow
June 11, 2017 

A MILLION dollars in Perth looks a lot different to $1 million in Sydney — even though both city’s median house prices were once on a par.

http://www.perthnow.com.au/news/western-...b9a8e9bcbe
________________________________________________________________________________________________________________________
Research, research and research - Please do your own due diligence (DYODD) before you invest - Any reliance on my analysis is SOLELY at your own risk.
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