Dean Park-Blacktown LGA
- Thread starter newpie
- Start date
http://www.realestate.com.au/property-house-nsw-dean+park-111198363
Can anyone advice on this property? Is it a good price for the area?
Can anyone advice on this property? Is it a good price for the area?
Hi Pie,
I looked this property up for you. And it’s a little strange.
Firstly, wow! This property has been on and off the market since 2008. Since December 2010 it’s been on the market for $499,950. However, according to RPdata there was a sales advice issued in June this year for $405,000 (this may be a mistake by RPdata).
Prior, the home was sold in 2006 for $302,000. Since 2006, the median price in Dean Park has increased by 22%. The current median sale price in Dean Park is $375,000.
As for the homes appearance… It’s not as bad as the agents jackets.
I looked this property up for you. And it’s a little strange.
Firstly, wow! This property has been on and off the market since 2008. Since December 2010 it’s been on the market for $499,950. However, according to RPdata there was a sales advice issued in June this year for $405,000 (this may be a mistake by RPdata).
Prior, the home was sold in 2006 for $302,000. Since 2006, the median price in Dean Park has increased by 22%. The current median sale price in Dean Park is $375,000.
As for the homes appearance… It’s not as bad as the agents jackets.
I have attached the RP Data info for you.
Is it for an investment? I just question how you will get extraordinary capital growth when the land size is 380sqm?
The land has been subdivided and the owner built a single and a double storey houses. The singe storey (facing Lyall Ave) sold on July 2012:
http://www.realestate.com.au/property-house-nsw-dean+park-109518926
according to the RP data, does that mean from 28/2/12 this has been listed that many times through all those agents to try and sell this house for 499K?
It cant be the vendor being unrealistic... I am sure the 20th agent will get me my price!!!!!!!!
Road will be busy as it's the primary access road for the stone cutters development. Probably why it's been done. Try and catch the people that can't afford in there and want the new house smell.
Hi Newpie
If you have mid $400K's to spend (which you must have, if you're considering this house) then why so isolated? I'd be looking at nearby QH for better value for money as well as proximity to transport. Even consider Kings Park or Marayong- I can see you like new but you will find something renovated for your $$ at least here. Best of luck.
OOps realised I didn't address your HC question- mainly found in Hoyle, Kenneth and Armstrong.
Thanks for all the information and rpdata report. It was really useful. I've decided not to go further with that property.
No, its not for investment. I'm looking for PPOR. Yes, what you are saying is true. You cannot expect extraordinary CG with small land.
I'm now looking elsewhere. Most likely a new property to get benefits of FHOG.
Thanks Jacque, you are very helpful as always. As you and others have mentioned, the above said property was not good value for money so I've dropped that one now.
Once again, the search begins. I'm confused as ever. Looks like I'll keep looking forever
Wow this property sold for 505K.
http://www.domain.com.au/Property/Sold/House/NSW/Dean-Park/?adid=2009910237
According to the Centry 21 agent sought after homes are those along/near Symonds Road.
http://www.domain.com.au/Property/Sold/House/NSW/Dean-Park/?adid=2009910237
According to the Centry 21 agent sought after homes are those along/near Symonds Road.
Woah....bit unexpected as the property was there on the market for a very long time and its earlier asking price was $485K.
So the market ir really hot
