Toggle Menu Header

Justprop Editor

Justprop Editor

Content editor at Justprop.com.au,

What are the price speculations for Cabramatta suburb?

1 Replies 18.2k Views

Can anyone throw some light on the speculations about property prices in Cabramatta? TIA

Share on:
Tags: Price
MD Emren MD Emren

I know Cabra, I've had several properties there (in the past I have ventured out of the Druitt looking for bargains).


No bargains there anymore. Cabra is more expensive than Liverpool and Fairfield. Cabra's culture is keeping it expensive. Also a strong ethnic and family bond.


The high rise fever has not hit Cabramatta ....yet. 


I'm sure prices will not drop out there.

Quote

Top Contributors Last 30 days

1 InvestAus
2 John
3 Anuj

Related Posts

Australia's housing market clocked its second month of price declines

National house prices declined by 0.7% in June, with Perth and Melbourne reporting the most significant decrease at 1.1%. Of all capital cities, only Hobart, Darwin, and Canberra reported gains in dwelling values of the month. This downward pressure on home values is considered mild, with capital cities recording a cumulative decline of 1.3% over the past two months, said Tim Lawless, head of research at CoreLogic. "These factors have helped to keep urgent sales off the market, providing further insulation to housing values," he said. In fact, despite the decline in values, the market remained busy over the month with a 29.5% estimated sales growth, extending the 21.5% surge in May. On an annual basis, prices maintained their solid position, with Sydney and Melbourne recording double-digit upswings of 13.3% and 10.2%, respectively. Source: x Small decline in house prices What could be insulating the housing market from a more substantial decline in dwelling values? www.yourinvestmentpropertymag.com.au
Justprop Team member
Justprop Team m
10Hr ago 1 View

CoreLogic reveals where the biggest property price fall have been since the onset on COVID 19

Source: x Property prices led lower by top-end - MacroBusine... Via CoreLogic: There are 313 words left in this subscriber-only article.Start your free 14-day trial today!YOU MAY ALSO BE INTERESTED INWestpac wins responsible lending appealVia Westpac: Westpac Bank... www.macrobusiness.com.au
Liam
Liam
5D ago 5 Views

QLD: Highest fetched price by a Brisbane property since the pandemic restrictions were eased

A riverfront home has sold in Brisbane for what is believed to be the Queensland capital’s highest price since COVID-19 restrictions were eased. The six-bedroom home at 80 Cubberla Street in Fig Tree Pocket sits on a massive 1.09 hectare (10,900sq m) block and has more than 60m of river frontage. The property was marketed at more than $3 million by Josephine Johnston-Rowell of Johnston Dixon. The agency’s chief executive John Johnston yesterday confirmed the sale. “The property was aimed in the $3 millions and that’s where it sold,” Mr Johnston said. The price is believed to be the highest fetched by a Brisbane property since the pandemic restrictions were eased. Get more info at: x Eased COVID-19 restrictions spark huge Brisbane sa... A riverfront home has sold in Brisbane for what is believed to be the Queensland capital’s highest price since COVID-19 restrictions were eased. www.realestate.com.au
Justprop Team member
Justprop Team m
16D ago 7 Views

QLD: Brisbane got highest price since COVID-19 restrictions were ease

A riverfront home has sold in Brisbane for what is believed to be the Queensland capital’s highest price since COVID-19 restrictions were eased. The six-bedroom home at 80 Cubberla Street in Fig Tree Pocket sits on a massive 1.09 hectare (10,900sq m) block and has more than 60m of river frontage. “The property was aimed in the $3 millions and that’s where it sold,” Mr Johnston said. The price is believed to be the highest fetched by a Brisbane property since the pandemic restrictions were eased. “We’ve had multiple people try to buy it before auction and post. This buyer hung in there, went cool when the virus first hit but now that the sky seems to be clearing very quickly, they reaffirmed their genuine interest in what is a landmark riverfront property.” Source: x Eased COVID-19 restrictions spark huge Brisbane sa... A riverfront home has sold in Brisbane for what is believed to be the Queensland capital’s highest price since COVID-19 restrictions were eased. www.realestate.com.au
InvestAus
InvestAus
23D ago 14 Views

NSW: COVID-19 has amplified the diversity of Australia’s resident property markets by location, price point and property type

As Gary Brinkworth, the boss of the Herron Todd White valuation firm recently noted, some observers are expecting a subtle slowdown, while others predict a catastrophic collapse. He added it can be difficult to keep up as markets adapt to the challenges around COVID-19. “Some locations have seen monumental disturbance to their usual state of affairs, while others have barely registered a ripple,” he said. “COVID-19 has amplified the diversity of Australia’s resident property markets by location, price point and property type.” Well informed valuers, like well informed estate agents, have the best insights on price direction. The slowdown in volumes of transactions in inner Sydney and the eastern suburbs made it difficult to ascertain any emerging pattern but HTW advised that in previous downturns the inner city market segment was most vulnerable to volatility in the upsizer price bracket, typically from $2 million to $3 million. Get more details at: x Coronavirus impact on property market uncertain, a... The impact of the coronavirus on the property market is a contentious topic, with some observers expecting a subtle slowdown, while others predict a catastrophic collapse. www.realestate.com.au
Justprop Team member
Justprop Team m
1Mo ago 21 Views

Australia could have a real property price crash on its hands

The Commonwealth Bank has revealed the different property scenarios it is considering as part of an economic downturn. Its base case has worsened slightly, expecting 11% falls if a speedy recovery commences in 2021. While assuming a downturn would shave 11% off house prices nationally, the Commonwealth Bank has projected a prolonged downturn would threaten to smash property values by nearly a third, at 32%. In its update, the Commonwealth Bank revealed its provisioned $1.5 billion to cover the rise in bad debts it expects to take on as part of the economic downturn. While startling, the figures aren’t beyond the realm of possibility, as vacancy rates surge. The National Cabinet may have begun winding back government restrictions with a view to return to business as usual by July, but the timeline of its three-stage plan hinges on no new major outbreaks of COVID-19. Source: x The Commonwealth Bank expects house prices to fall... It’s possible Australia could have a real property price crash on its hands, the country’s largest retail bank has warned. www.businessinsider.com.au
InvestAus
InvestAus
1Mo ago 63 Views
10 online
Pooja Ummat Kirpal
Venu Gajawada
Lilaraj Niroula
InvestAus
Bharathi Aswathnarayan
and more ...