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  1. DaveM

    repossessed homes?

    Bargain alert! Just had a call from the agent asking if I was going to the auction on the weekend. Told him no as I have exchanged recently on something else (settles today). He sounded disappointed. I asked if he had much interest in the property and he said not really no. Might be a...
  2. DaveM

    repossessed homes?

    I said that to the agent as well... he told me "where else can you buy 400sqm of land in St Clair for about $180k, thast what the land value is". I said sure... if it had a street frontage and wasn't up a shared side driveway, and wasnt on the corner of EP road and the M4. He didn't have an...
  3. DaveM

    repossessed homes?

    I looked at that - the main house in front was for sale as well. Horrible houses, on the intersection of explorers way (one of the main ways in/out of the suburb), erskine park road (4 lane arterial) and the M4 motorway. It was like there were semi's in your house. The house in front sold for...
  4. DaveM

    repossessed homes?

    There would be an open home tomorrow arvo - if you are going to take a look come and say hi, I am 2 houses away :) I went through on the launch day (first showing), went in at 11.20 (openi was 11-11.30) and I was the 2nd person through. Who knows, maybe you can grab it cheap at auction!
  5. DaveM

    repossessed homes?

    http://www.realestate.com.au/property-house-nsw-st+clair-107299210 From a price POV its not too bad. The house I am currently in is on the market for around $340k, so its $100k to get an additional 2br brick house ready made. I had to laugh at the agent's $700pw rental forecast, he was adamant...
  6. DaveM

    repossessed homes?

    There is a repossessed property going up for auction this weekend 2 houses down from me. 3br + 2br brick dual occupancy, agent guide price is $420-$440k combined, rental income $330 + $250 combined. Not sure if anyone here would be interested.
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