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Thanks Goeffw for the imput. The figures were....Bought 1982 total $55k...as the Family home ! not investment. I added a upstairs extension 3 yrs back for $140000 Methinks the $500000 offer was a attempted con , as more research reveals the market growing and similar properies asking...

I bought a new Jennings brick and tile house with a stunning 300 degree view midday between Brisbane and Goldcoast 30 years ago as the famly home. Easy distance to all amenities. I added the usual pavers, pool, garage,landscaping etc...etc . Had i achieved a 10% CG each year, the selling...