MARKET SNAP SHOT May 2001 RETURN
Over time in this newsletter, we have been consistent in our predictions of a continuing environment of strong capital gains in the Inner City. We only predict on the basis of sound economic data.
Affordability of purchase (relating to current price levels, interest rates, professional employment and rental values) has been strong for some time and capital gain still has some scope to occur. This means it is still highly probable for values increasing this year. 1st home buyers and investors should not hesitate to any serious degree before purchasing.
These actual statistics may help convince some people.
Median prices - March Quarter. AREA 2000 2001 North Melbourne 287,500 300,000 Kensington 260,250 286,000 Flemington 262,250 285,000 West Brunswick 263,000 294,000 Ascot Vale 326,500 313,000 Moonee Ponds 285,000 310,250 Essendon 341,000 350,000
Over time in this newsletter, we have been consistent in our predictions of a continuing environment of strong capital gains in the Inner City. We only predict on the basis of sound economic data.
Affordability of purchase (relating to current price levels, interest rates, professional employment and rental values) has been strong for some time and capital gain still has some scope to occur. This means it is still highly probable for values increasing this year. 1st home buyers and investors should not hesitate to any serious degree before purchasing.
These actual statistics may help convince some people.
Median prices - March Quarter. AREA 2000 2001 North Melbourne 287,500 300,000 Kensington 260,250 286,000 Flemington 262,250 285,000 West Brunswick 263,000 294,000 Ascot Vale 326,500 313,000 Moonee Ponds 285,000 310,250 Essendon 341,000 350,000