What's happening with property prices in Sarah Crescent & beyond

Um...I think you should take a look at property prices now, I don't think anyone could have predicted this.

To be honest I'm glad prices have slowed down. There was a time where young couples could easily save up their 10% deposit and have dreams of paying their house off in 20 years , I know people who paid it off in ten , and that's with an average income. Some people now owe more than their house is worth which is insane ! I don't know how this happened but something has to change, and I have a feeling it already is................

I think certain parts of the east, like Box Hill, Doncaster, Templestowe will be less affected as prices didnt boom to the extent of Balwyn, Camberwell, Canterbury, Hawthorn (more than doubled in the last few years).

I'm not saying they wont fall - just not as spectacularly as others.

And yes - it is good to see some sanity coming back to the market.

Here's to some sanity back in realestate !

Maybe they should get rid of some of the insane realestate agents, I'm sure they've had a lot to do with this...............................................

Looks like Templestowe prices have really crashed - the distanc eto the city and the lack of public transport are really hurting.

Luckily my investment properties in inner Melbourne have stood up to this credit crunch really well.

Always invest on position, position , position.

You can dream about Doncaster and Templestowe being expensive properties, but the true value is in inner Melbourne.