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Mt Druitt property sells for more than $1 million

I guess it is as they happened to agree to lease it still. There was enough interest to make us wonder if we advertised it lower than we should have. We are spending more on reno than anticipated so I don't mind a tad better rent.......More of CG play with future potential so lower the holding...

We had an open home on our Saturday for our latest property that settled a week ago. One potential tenant sold their townhouse to buy a house and were asking the agent if we wanted to sell. :eek::confused: Funnily, there was quite a bit of interest with three applications, we negotiated the...

MTR, that is my gut feel too. But at the same time, regularly seeing properties sell above asking price in many cases at least in our "backyard". Units (10 years old) that would sit on the market for months @ $229k and then sell at $210k are now selling around $280k or so.....And others that...

This house in Seven Hills sold for $606k and the one next door sold for $550k. Not sure how these are any good or special.... http://www.realestate.com.au/property-house-nsw-seven+hills-115020975

Yeh pictures seem okay :). But as you know, they are photoshopped.

This house was a junk inside and sold for $650k at an auction: http://www.realestate.com.au/property-house-nsw-seven+hills-114565971

Yeh we went to the auction. Registered for the sake of it :P It was a nice house. The lady who bought it was on a mission - she would have bought it at any cost. She went up to $885k but vendors asked for $890k and she agreed...

Anarkali, right now all my suggested prices are way off the mark at what properties are selling at. So gotta be prepared to offer more and hope the valuations stack up unless you are a cash buyer or an investor with lots of equity to play with. But with that Valeria St house with no side...

Good for you if you are willing to buy a sloppy land with a massive easement and needing 50k renovation and pay more than the current market value.....I wish you luck. Btw, I wasn't looking from an investment perspective. I was looking at it from a HOME perspective.

Delta we have been consistently buying over the past couple of years. But it doesn't make sense how valuations are currently stacking upat 20% above asking price?

But why so much insanity? I am sure a lot of these people don't invest and possibly buy 1 big home for 30 years or till they change to another PPOR...It doesn't make sense to me.

Been looking at the market around the Parramatta region. Houses in Toongabbie selling for close to 100k over what you would have paid a year ago. Each open home has in order of 50+ viewings... Even clad homes in liveable condition are selling for 600k odd. Just saw a listing range between...