Quote:
Originally Posted by Syndrome
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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For sure. As an investor, if you have the money then it's a good time to be scooping up property. It's also a good time for the first home owners. Everyone is winning ATM.