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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

Antoinette Bongiorno