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A brothel may pay it. Not enough bathrooms though. Peter147

$750 a week. Tell em they're dreaming :rolleyes: Even with off street parking , which I note they did not make :confused: My estimate as 3 bed = $450 to $525 a week. Peter 147

Classic case of know your market, no offence intended. Land in inner city is worth $$$. Improvements could be securing rear access for garage carport. Add $100k. Extend and fix up design. Variable subject to improvements. I have a friend with 4 terraces side by side in Ultimo with...

H I all been actively looking in Redfern and Darlington?chippendale of late. Lots listed it seems... a result of recents proposal? BTW if you want to take the plunge terraces on the wrong side on the street AKA on the block side are about $100k less than 1 block away. $100k gain...

Thanks Ajax. An interesting read. Peter 147

HI Knightm Not bad philosophy. ;) I am encouraged that persons such as yourself are to be involved in the process. :) The more you are involved the more say you will get. Sure some bureacrats will give you hell but stuff em. From my experience I can predicte one thing is certain...

Hi Knightm DISADVANTAGED RESIDENTS The resident you describe has been on welfare for 40 years. There I assume he or she is disabled, injured, intellecturally challenged, or other such thing and therefore deserves to be protected and cared for in a fair society that Australia is. I , like...

Hi Knightm Tell your locals to look at the City West Housing experience. Overall they can and will benefit. FYI Similar to Redfern both the State Gov and Fed Gov earmarked Ultimo and Pyrmont for redevelopment from disused sugar refinery area / city backwater to new urban metropolis...

Hi All I heard today froma source in NSW gov. that Agents have been swamped with enquiry re Redfern since the news broke. FYI Peter 147

HI Alphina What & where did you purchase? Many would be interested in the details after your long look. If you dont mind. Still a long way to go re Redfern but I belive the Gov. are serious. $5BN serious! Peter 147

One. Clover has been gypped. Sartor obviously stills wants to be Mayor. But seriously this is good politics. Peter 147

Hi Likewow I eat my words, you’re a local. :) I will insert today’s "leak" from the SMH which I read after I wrote my rant. As usual highlight IMO the important bits in bold or comment. It is spookily similar. I guess once in Gov Proper always in Gov Prop. :eek: Some of the...

Hi All Such negativity. :confused: If you taking a long term view that is 5 to 15 years this is good news worth considering. Yes, it is too early yet because it is all planning stage, but I don’t fear the various political lobbies. Once the Gov says "yes we are going to do it" that...

You probably can. :D Call me a romantic but having been on the inside Government can do a lot of good. But Australia suffers from Short term Planning and Too Much NIMBY. The Olympic Site would still be in plans stage if we had not simply did it. Redfern is the same. Peter 147

Good Find Glebe In Peter Spann logic here is an opportunity!!! Whilst being ex Giv, Property I usually am cynical about the chance of these sort of things getting off the ground one piece of logic stands out: According to the papers, consultants have told the Government, which owns...

Redfern is like every else in the inner Sydney at the moment. Wait and See . Unless you have a URB (unique reason to buy) I.e. the dream PPOR, value to be added, very distressed seller, rolling with cash, now is good time to safety get 5.25% from a bank. I would hold off Alphina. The...

East Redfern is very nice. Spent brekke ther Sunday and impressed with amount of tree and such compared to SH. Crime is a proboem anywhere in Sydney and grills/alarms work well. But walking from the station is a real problem. Peter 147

Signs of the times?? No bid at 500K renting 400wk Interesting, I sold in SH for 570k renting for 400wk in July 2003. Much has changed then it seems.... Peter 147

Block News HI All East Redfern does exist in the minds of inner city DINK, YUPPIES & GAYS as we all know the difference between Bourke St and Everleigh St. Same for Strawberry Hills in Surry Hills and Kings Cross in Potts Point and Elizabeth Bay. PS the Cross is not a suburb. And... If...

What about Council Merger Concerns I agree Redfern has probably the most potential for serious growth ( with Kings Cross) in Sydney inner area. I am concerned though about possible merger or not between City and South Sydney Councils. If they merge the TNT towers could be empty again and...