Unlimited budget Melbourne move
Apr 26th 2013, 1:42 pm
#61
BE Forum Addict
Joined: Apr 2012
Posts: 1,603
Re: Unlimited budget Melbourne move
No, I think it's more a reflection on the economic times. My family have personal experience of trying to sell in the 'executive price bracket' and they aren't shifting and don't draw the level of interest they did in more buoyant times. You can get a few thousand 'hits' a week on the internet for your property and then get a handful of parties turning up for each of many OFI's and they try and tell you the property is worth well under what you are asking which is well under what it would have been if you were selling a few years ago.
I grant you there has been a correction in the market over the past 18 months, but this does not take away the number of discerning buyers still needing accomodation.
Apr 26th 2013, 2:51 pm
#62
Forum Regular
Joined: Apr 2009
Posts: 210
Re: Unlimited budget Melbourne move
Hmmm, not sure 20 minutes on the train to Flinders constitutes "too far out" & FYI the tram from Flinders to Middle Park is only 5 minutes shorter than the train from Flinders to Middle Brighton
Apr 27th 2013, 3:11 am
#63
Forum Regular
Joined: Oct 2010
Posts: 237
Re: Unlimited budget Melbourne move
Frank stone would make my too far out list. Brighton not so on the train. W/town and points west by car yes.
Apr 27th 2013, 7:32 am
#64
Lost in BE Cyberspace
Joined: Nov 2003
Location: Scotland
Posts: 7,949
Re: Unlimited budget Melbourne move
I think you are identifying the reality of why Williamstown is not in the same league as Blue Chip Armadale/Toorak/Malvern/Brighton
I grant you there has been a correction in the market over the past 18 months, but this does not take away the number of discerning buyers still needing accomodation.
I grant you there has been a correction in the market over the past 18 months, but this does not take away the number of discerning buyers still needing accomodation.
I have been referring to one specific street in Williamstown and not the suburb in general which is decidedly blue chip and in the top 10 streets in Melbourne pricewise FWIW.
