Search results

It seems that $800k in Ainslie still gets you a reasonable house though. There seems to be some value left in that suburb.

I agree with this too. I went to an auction of an extended and fully renovated cottage, expecting max $1.2m and it went closer to $1.4m. Down the road an unrenovated cottage on a larger block sold at $790k, which was much better value. The demographic was quite different - cashed up...

Entry level in the suburb at the moment seems to be $900k-1m, $1.4m is a nice, decent size family home. Totally aspirational, which is why I haven't done it - the figures don't add up!

I can relate to this discussion. Not only is it difficult to buy into good areas at an affordable price it is impossible to upgrade. We'd like to go from Narrabundah to Griffith but this would involve paying around $1.4m!