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If the block sold for $1,140,000 and assuming that house was "luxury" and $20K per square x 68 = $1,360,000 to build, total cost price would be $2,500,000...maybe $2,700,000 allowing for a margin for error. Flipping it for $3,308,000 gives you a $600-$800K margin. Whopping, unbelievable. The...

Getting off topic, but about 3-4 years back, maybe 5? Footscray implemented parking ticket cameras if you stopped for more than 1 minute or so? A friend worked at the council and said the city made heaps of $ and actually improved traffic dramatically. Don't recall the reason they stopped it, I...

The whole "game" of Glen Waverley is determining what it's true worth is, or in other terms how much is it exactly is it overvalued by? After 3 or so years of living here, I still cannot work out for the life of me why land here is worth so much to the Chinese? Using basic principles of land...

Look at link below and price tag: http://house.ksou.cn/p.php?q=Glen+Waverley&sta=vic&id=500776 Not sure if the price is incorrect but $2.675mil to be precise for that block? Looking at the ad, the house is old - can possibly reno it but probably not worth your while. Overall, this is about...