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wow - fhb market in newcastle must be really hotting up as agents are now listing low cost properties as "soon to be on the market, register your interest".

kind of luck because i had all the ducks in a row at the moment the property reared it's head. often i see fantastic properties but personal aspects don't add up (finance etc), or i have the finance but can't find the right property and it starts to burn a hole in my property.

purely pot luck - knowing what i was looking for and in a position to pounce. came up as new listing on r/est.com - which i check at breakfast every morning. very out of town vendor - out of area agent. advertised for below market value. rang the second i saw it and booked appt to see the...

currently renovating one of those. was filthy and overgrown. the vendor apparently had had two low offers the same as ours but turned them down ... then they saw their dream home and wanted a sale. bought one of those a few years back, subdivided and doubled the value in 18 months. bought...

p.s. been to victor harbour a couple of times and it is a really lovely coastal township within commute to/from adelaide. not surprised it's powering ahead. problem is, by the time these reports come out, you've usually missed the first half of the upswing.

i'd agree - been watching units out of interest (wishing the banks would lend more) and old, needing cosmetic reno jobs have increased by around $20-40k in the last 6 months or so. i also noticed that any half decent house in a good location is getting snapped up within days for, or above...