Comments on: Where To Find Bargain Property In Australia

By: Jody Chambers

Jody Chambers — Tue, 27 Jul 2010 15:50:33 +0000

Just so you know there is a typo in the first paragraph.

By: Jody Chambers

Jody Chambers — Tue, 27 Jul 2010 15:46:12 +0000

I had heard tales on talkback radio of upmarket properties being rented out by their owners while they had to move to more modest dwellings to make ends meet. The banks have definetly tightened their lending critrea and as such all areas of the market will feel the pinch. the lower end may be slightly immune due to the first home owners grant.

By: Jazz Salinger

Jazz Salinger — Fri, 23 Jul 2010 22:52:02 +0000

Hi Sean,

Wow! I wouldn’t have thought to look in the more prosperous suburbs for a bargain. But it makes sense as the more you earn; the more the bank will let you lend and the more you spend.

Still, a bargain in the property market in Australia depends on what your profit is once you sell it.

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