Recent content by natedog

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    Brace for even higher price!

    Hey Ausprop, what was was the reason/circumstance whereby they wanted the $$$ from you?? If you don't mind telling the story?
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    Share your "but this time it's different" stories

    https://m.realestate.com.au/property-house-vic-carrum+downs-119475183 Another
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    Share your "but this time it's different" stories

    https://m.realestate.com.au/property-house-vic-carrum+downs-119303159 There is affordable stuff out there
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    Brace for even higher price!

    post code lending restrictions would possibly lead to putting more pressure on other suburbs where finance is not restricted. This type of meddling approach would lead to more negative consequences than just letting the market decide where to put its money.
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    Buying in the Right Stage of the Economic Cycle?

    Parts of Melbourne have gone crazy Parts of Melbourne haven't even moved
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    Glen Waverley auction today $5,505,000!!

    Agreed its just nuts!!
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    Glen Waverley auction today $5,505,000!!

    Those ones you mention selling for $2.5 mil within 1km would not have been land value only tear downs though, my guess is they would have been new houses?
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    Glen Waverley auction today $5,505,000!!

    I would guess if it was just a normal house block it might be $1,500,000 max. So $4mil
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    Glen Waverley auction today $5,505,000!!

    Hi all, Had yum cha at the kingsway in Glen Waverley today and walking back to the carpark saw a crowd of people down a street looked like an auction. It was..... 50 Montclair street an old brick house on 810sqm zoned commercial or whatever for building whatever you want really...
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    Brisbane Bayside: North (Sandgate, Shorncliffe) vs South (Manly, Wynnum)

    No problem, I understand, all good
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    Brisbane Bayside: North (Sandgate, Shorncliffe) vs South (Manly, Wynnum)

    Which suburb did you go for IP or PPOR? Out of interest :-)
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    Brisbane Bayside: North (Sandgate, Shorncliffe) vs South (Manly, Wynnum)

    My thoughts ate that if you look along the train line between Lota and Cleveland there are good schools, services, the bay and affordable property with good yields. I am biased, I spent the first 18 years of my life in the Redlands, so am partial to everything it offers families.
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    Where in Melbourne

    Carrum downs, easy done on that budget and will get a decent yield
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    Bentleigh

    Ditto!! I would be surprised to see anything listed that low!!
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    Share your "but this time it's different" stories

    What isn't different this time and never will be is that people need and want shelter. The value we put on a shelter in $$$ terms will forever be at the mercy of more factors at any different point in time than one can ever put into a simple formula....although in hindsight it "always" seems...
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