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  1. W

    See Change and Richard Feynman . let's hype the sydney market thread .

    Yeah exactly. 2.4 million is probably about right. Bit expensive, but not too expensive
  2. W

    See Change and Richard Feynman . let's hype the sydney market thread .

    The build will cost way more than a mill. I have a mate who spent 800k to build. It's not even close to that level of luxury. Even the lift alone will be ten of thousands to couple of hundred k
  3. W

    See Change and Richard Feynman . let's hype the sydney market thread .

    Yeah it's a nice massive house. Imagine the cost to build a house like that. 2 mill sound reasonable
  4. W

    See Change and Richard Feynman . let's hype the sydney market thread .

    Yeah Houses in the west has a crazy growth... *No idea how* :confused::confused: But units growth seems pretty reasonable
  5. W

    See Change and Richard Feynman . let's hype the sydney market thread .

    No i wouldn't buy it myself... even for 600k i wouldn't touch it. But to some overseas investor i can see the value. I checked Numbeo and can understand why our property here is a hotspot for overseas investor.
  6. W

    See Change and Richard Feynman . let's hype the sydney market thread .

    I don't go on and Say "WOW Cheap Let's go buy it".. But what do you expect for an apartment right in Capital City of Sydney ? 1 bedroom for 500k ?!?!?!?! Have you been to other Capital City around the world ? NYC, Jakarta, SG, Hk, Taipei.. You'll be paying more than 15k per sqm for an apartment...
  7. W

    See Change and Richard Feynman . let's hype the sydney market thread .

    I think 800k for 1 bed right in Sydney CBD does make more sense to me .... but 1.3 mill in Wenty for a house that still need work inside... DOesnt make any sense. Anything in Major City tend to be very expensive: NYC, HK, SG, Tokyo, etc... 800k for 1 bedroom still sound's reasonable
  8. W

    See Change and Richard Feynman . let's hype the sydney market thread .

    My Bet is someone downsizing from a house and preferred an apartment for convenient living
  9. W

    See Change and Richard Feynman . let's hype the sydney market thread .

    Your assuming that the buyer purchasing the 1.3 mill is an investor. I'm suspecting it could be someone want to live there.
  10. W

    See Change and Richard Feynman . let's hype the sydney market thread .

  11. W

    See Change and Richard Feynman . let's hype the sydney market thread .

    Still.... WOW I would have considered that if I know earlier... Who thought these days in 2015 you can get a house that nice for 1.3 in CHATSWOOD.....
  12. W

    See Change and Richard Feynman . let's hype the sydney market thread .

    Of Course Chatswood... But why is Chatswood West So Cheap ?!?!?!?!? 1.3 Mill... That's a BARGAIN! Ok I guess Bubble will POP only in Certain Area.... No Way There's a bubble in Every single Area of Sydney. 1.3 Mill in Chatswood west and it looks renovated too....
  13. W

    See Change and Richard Feynman . let's hype the sydney market thread .

    Yup PArra Generate More GDP Than Chatswood, and St leonards. Just under Macquarie Park.. http://www.smh.com.au/nsw/the-rise-of-parramatta-once-in-a-lifetime-opportunity-20150522-gh7eg3.html In 2013, Parramatta Generate 7.6 Bill, where St Leonards generate 5.3 and Chatswood is 4.2..
  14. W

    See Change and Richard Feynman . let's hype the sydney market thread .

    Agreed Parramatta changed significantly in the past few years. It really feel like cbd
  15. W

    See Change and Richard Feynman . let's hype the sydney market thread .

    Westmead is really good. Recently moved here, close to Parramatta park, express train to city, Hospital is being upgraded, no high rise development on the pipeline, private schools, light rail to Parramatta and Epping is coming soon, vacancies rate is very low. 1-1.5%
  16. W

    See Change and Richard Feynman . let's hype the sydney market thread .

    2 Stops Away to be precise... It's Westmead then PArra.... Still.. 1.3 mill for a house in Wentworthville..... I'm curious who is buying these houses ? How can an average family household afford 1.3 mill.... Even the deposit 20% + Stamp duty will be over 300k... Paying 1 mill debt with...
  17. W

    See Change and Richard Feynman . let's hype the sydney market thread .

    They don't People don't buy houses in Wentworthville for 1.3 mill for an investment.. They buy to live, hence pushing the prices stupidly high
  18. W

    See Change and Richard Feynman . let's hype the sydney market thread .

    haha i agree... The price is relative.
  19. W

    See Change and Richard Feynman . let's hype the sydney market thread .

    Why castle hill? Lots of young family wanted to live there now.I thought the shopping centre upgrade along with north west rapid driverless train will be very attractive investment there? Or am I wrong ?
  20. W

    See Change and Richard Feynman . let's hype the sydney market thread .

    Strange... When i got my unit revalued after 6 months.. the bank refused to give me the current valuation and instead told me that the previous valuer valued my unit too low, and they can't give me big jump....
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