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beach property drops $5 million in 6 months
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beach property drops $5 million in 6 months
Surfers Paradise, QLD 4217 is located within the Gold Coast local government area, part of the Gold Coast Region in Queensland.
this is a real sign of the times - http://www.theaustralian.news.com.au/business/story/0,28124,24962452-25658,00.html
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It's actually quite scary, especially when there are contrasting articles like this one:
http://www.domain.com.au/Public/Article.aspx?id=1232818390958&index=NationalIndex&headline=Housing%20++39;severely%20unaffordable++39;
No one knows what is going to happen!
AJ
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The owners should have sold when they could at least have got their money back! I think it is a case where no one wants to admit things are bad and so they make optimistic decisions. I'd say it's better to be cautious at them moment.
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Things have changed a lot since then.
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Hence why choosing the right agent is so important. Some overshoot while the best ones actually manage expectations.
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