Jan 2017 property Market update

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Jan 2017 property Market update

 

  • Sydney Market still hot depends on the right location you invest.
  • Bank may decide to increase interest rate even Reserve bank want to put on hold. This will impact on affordability .
  • Chinese Buyer still interested in Australia Property .
  • Cashed-up property Buyer from China are expected to flock to Australia Market.
  • Popular area such as :
  • ¬†Sydney : Chatswood , Eastwood and Macquarie Park.
  • Melbourne : Point cook , Rowville, Glen Waverley , Doncaster and Mount Waverley ¬†will be a wave of Chinese investors.
  • Gold Coast is set to bloom in 2017.Buyer seeks for affordability. The Median Value for a Gold Coast House as the end of Sep 2016 was $579,753 up 6.6% from last year . Mermaid Beach is a top growth suburb nationally in 2017.
  • I am acting Buyer agent on Southport Queensland which is north of Surfers Paradise . It is the Gold Coast CBD .