high house prices
Why are Top End Home Prices so … Top End?
The title shouts, $1M Medians in the Top End! (my exclamation point.) The title got my attention. “Are you telling me we could see the median house price rise to $1 million?” I asked myself. The article is on page 102 of the March 2011 The Australian Property Investor (API) magazine. The subject is the rising house prices […]
House Review – Too Late, Already Sold!
Last Saturday I went to an open house. I was excited to see this 2 bedroom unit with an asking price of $409,000. That’s not a misprint. Let me write it again using a bigger font: $409,000 And, yes, I said it’s a two bedroom unit. Have you caught your breath yet? I haven’t. I […]
Who in Their Right Mind Would Pay $400,000 for a House in Alice Springs?
I remember hearing that question back in the late 2007 time-frame. And, I remember thinking to myself, “Hmm, he’s got a point there!” All the listeners in the room were in agreement. The catchphrases and sound bites were buzzing and echoing off the walls, “Prices are crazy! People are paying too much! Can’t keep going […]