imo after the finacial crunsh the asset of most australian shrunk, hence the competion among the under 300k housing had proliferated and aggrevated (most of banks now are already tighten their loan due to the reserve bank increase the interest upon these banks by 2%). I d rather opt a house over 300k, from my own exp, house under 300k sux, they are either in bad position or 25-30 years old, the opportunity to bid or b/o of a good 300k under house is then slashed, not to mention these aussies are patriotic, i over-bid a lot aussies but the house owner still sell it to their own kind. (maybe due to the mandotary FIRB 30days waiting period)
Sorry for the English input, I m at school and internet capped in home. |