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

In Sarah Crescent, Templestowe, Victoria
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johnnyhifi
Level 2 30 posts

johnnyhifi says:

Posted 06/04/2007
While there isnt much on the market prices seem to be around the $1 million for a block of land, and $2 million plus for average house around here. $1.5 doesnt buy you much more than a ranch style place now. Do you think these prices are here to stay?
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AJ
Level 4 555 posts

AJ says:

Posted 28/10/2008
Um...I think you should take a look at property prices now, I don't think anyone could have predicted this.
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DArgy
Level 2 151 posts

DArgy says:

Posted 02/12/2008
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................
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donnyresident
Level 1 42 posts

donnyresident says:

Posted 03/12/2008
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.
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DArgy
Level 2 151 posts

DArgy says:

Posted 03/12/2008
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...............................................
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teddiebear
Level 1 3 posts

teddiebear says:

Posted 30/05/2009
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.
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