November 2017 - Bongiorno Financial Update
What's in this issue?
- Talk of a property crash is likely to ramp up again with signs that the Sydney and Melbourne property markets are cooling. But the Australian property market is a lot more complicated than the crash calls suggest.
- We continue to expect a 5-10% downswing in Sydney and Melbourne property prices but a crash is unlikely and other capital cities will perform better.
- It remains a time for property investors to exercise caution and focus on laggard or higher-yielding markets.
We hope you enjoy this issue.
Kind regards,
ANTOINETTE BONGIORNO
LL.B. B.Com. CFP DipFP A.S.A.
Level 2
431 St Kilda Road
Melbourne VIC 3004
ph) 03 9863 3316
fax) 03 9820 2518
Australian Financial Services Licence No 238977