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Thread: Anyone buying Properties in oz still?

  1. #1
    Senior Member
    Join Date
    Dec 2007
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    246

    Default Anyone buying Properties in oz still?

    So, with the current market conditions, is anyone buying property at all? Costs to buy are low, prices are low.. and potentially some bargains to be had.

    Are they real bargains, or is the real crash yet to come?

  2. #2
    Member JamesGG's Avatar
    Join Date
    Jul 2008
    Location
    Melbourne
    Posts
    82

    Default

    Hiya,

    Government certainly wants more people buying houses.

    First home owners grant just doubled or tripled, for existing and new properties, respectively.

    Like you hinted in one of your other posts today though, getting finance might be a little more difficult in the aftermath of all this...

    Cheers

    James.

  3. #3

    Default

    We are holding a major online debate on this matter. Feel free to check it out on our website if interested.

    Cheers
    Deb
    OurFinanceBlogs
    exposing quality finance & business blogs in the Aussie blogosphere

  4. #4
    Board Tycoon Brendan's Avatar
    Join Date
    Dec 2007
    Location
    Melbourne
    Posts
    747

    Default

    Yep! I just bought another house last week

    The value was quite good, it was originally listed about 6 months ago and didn't sell due to the uncertain market, so we put in a bargain offer and it was received.

    Moved in yesterday :P
    Follow me on Twitter - http://twitter.com/exstatic

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