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Old 26-08-2017, 04:20 PM   #238
Franco Cozzo
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Join Date: Aug 2009
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Default Re: Australia housing bubble

Quote:
Originally Posted by xax2 View Post
I'm in Melbourne as well and there are a number of towns within an hour where you can still buy a house for under $200,000 today....Seymour, Yea and others.
The only Capital I'm not sure about is Sydney (I did say 'most' capitals) but I'm sure someone will come up with something if they look hard enough.
Seymour within an hour of Melbourne? Its 116km out.

Half the problem is business wants to centralise itself around CBD locations, the city is where the work is there is no opportunities out regional unless you work at Maccas or make methamphetamines for bikies.

If there was government incentives for business to relocate regional, areas with good public transport access - Bendigo for example has a fast rail line and a very good service between Bendigo-Melbourne we probably wouldn't need everyone going in and out of Melbourne every day.
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