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Regions where property prices are falling in each state

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Your Investment Property | 20 Jun 2013, 10:00 AM Agree 0
Find out which regions and suburbs have seen prices fall the most over the last year
  • Ronald | 21 Jun 2013, 04:42 PM Agree 0
    What sort of unit cost $230k in Ultimo Sydney? The student accomodation near Broadway?
  • bee | 25 Jun 2013, 04:20 PM Agree 0
    how is beecroft down by 50%? How are they doing their calculations?
  • Ultimate | 27 Jun 2013, 09:21 PM Agree 0
    yep $230k in Ultimo does indeed sound like the student tiny mezzanine bed studios with shared 'commercial' kitchens at UniLodge on Broadway - pitched as a great investment until they're empty during uni holidays and I'd guess high turnover and hard to get a loan as banks don't like to lend on under 50sq.m.

    But wait - they're planning to build some new hotel-room-style 'cluster' (the new word for shared kitchen) units on Wattle St - and they'll be pitching those 'luxury' (on traffic pollution drain) units for like $420pw - aimed at rich Chinese parents wanting safe new luxury accommodation for their prince-lings ...
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