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Old 29-11-2018, 06:54 PM   #783
Syndrome
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Join Date: Sep 2013
Posts: 6,894
Default Re: Australia housing bubble

Quote:
Originally Posted by FairmontGS View Post
I'll answer for you - My niece and her partner bought a 1 YO house out at Officer this month for 10% less than the vendor was asking 7 months ago.


My brother purchased an apartment in East Perth, about ten minutes walk from the WACA. Purchase was in 2014 at the peak of the market. Now apartments in the same complex are selling for 20% to 25% less than what he paid for his identical place. Ouch.
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