What does 2017 hold for the Australian property market?

Discussion in 'Australia Property' started by Nicholas Wallwork, Feb 12, 2017.

  1. Nicholas Wallwork

    Nicholas Wallwork Editor-in-Chief Staff Member Premium Member

  2. realdeals

    realdeals Active Member

    Parts of Australia remind me of London - prices seem too high but they always have been. Like London, certain parts of Australia should not be valued using traditional measurement tools. A lot is down to the type of employment available in and around the property hotspots.
  3. Longterminvestor

    Longterminvestor Administrator

    Australia is a difficult market to call because with the outback areas it is not as if the larger cities can expand forever. This will create growing demand with supply of new properties not likely to keep pace - result, prices going up and up.
  4. realdeals

    realdeals Active Member

    Even the government has tried to reduce the buying pressure by tightening restrictions on foreign ownership amongst other things - all to no avail.
  5. Exclusive Condo

    Exclusive Condo New Member

    Heard that the Aussie property boom is coming to an end soon...
  6. FWL

    FWL Member

    People have been trying to talk down the Australian property market for many years but there does seem to be a little more substance to the talk this time round. Interest rates are likely to tick higher in the short to medium term and the economy is not as buoyant as it has been. Maybe, just maybe, we may see a period of consolidation. In the long term this would not be a bad thing.
  7. realdeals

    realdeals Active Member

    A trade war - if Donald Trump pushes through with all of his promises - would not be good news for the Australian economy. This in turn would take some of the heat out of the Australian real estate market. Personally I would be looking to buy prime Australian property on the dips - demand around the main employment markets will always be relatively strong as people seek out accommodation near to their place of employment.

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