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I think they are seriously looking for it during last few months in Parra, Westmead, Mays Hills with walking distance to train station. They saw the price is going up from under 800K to over 1M in very short period. And they known those houses were selling around 500K few years ago.

I don't think there is any zoning change.

My friend failed to secure any property in areas between seven hills and Parramatta again on last weekend. His budget is about 1M mark. He was outbid at Westmead which is a normal single story house, but was sold for 1.3M. Simply, not many houses for sale in Westmead area. I hope he can...

What do think this block of land is sold in auction for A$966K at Westmead today? The first bid was 800K. An elderly in the local was very surprised for this bid and said the bidder has no brain.

I would like to live in Parramatta rather than Chatswood for many reasons: My wife can walk to her shop, church and Westfield; I can walk to Wanderer home ground and easily get into the train station to everywhere in Sydney. Can Chatswood provide all of those? Second airport is in Western...

I think those auctions will push up parramatta price up to 1m. Before the auction, everyone including the agents, vendors and buyers are expecting around 900K. Now, my friend and many other buyers are preparing to pay 1M in order to get into the area. Vendors should get the information...

I will sell one next year if the price is right.

My friend is bidding two properties today and is outbid in half way: Property one in Mays Hill. Similar property was selling 800K weeks ago. But this one is sold 1.01M in Mays Hill. Property two in parramatta is sold 1.235M today. The reserve price is 900K only. Parramatta and its...

This is a excellent article: 1. All cities have about 8% growth in 15 years -amazing figure; 2. Hobart, Adelaide and Brisbane shows the best buy now due to higher sale volume up comparing to last year, current price is lower than previous peak and it has no/little movement for 5 years.

Sydney was very much underperformed for a decade (October 2013). "Over the past decade (written on October 2013), dwelling prices have risen by:-  31 per cent in Sydney  79 per cent in Brisbane  80 per cent in Melbourne  143 per cent in Perth" In saying that, the experienced investors are...