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Get in the queue for an Australian property boom

Get in the queue for an Australian property boom (News (General))

by administrator @, Monday, August 24, 2009, 17:45

IT'S the proof we've been waiting for that the housing boom is back - at dinner tables across the country talk is returning to the old conversation chestnut ... property.

While the global financial crisis made us all armchair investment analysts, now lower interest rates, government bonuses and the first home market boom was again making property the hot topic.

On any given weekend huge numbers of prospective buyers are flocking to open houses everywhere.

Nowhere is the craze more evident than in the median home market, where young families are trying to make the most of the demand from first time buyers to sell and trade up for more space.

But with medium-priced houses in limited supply, real estate circles are rife with rumours of auction punch-ups and inspection queues rivalling nightclubs.

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property boom


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