North Melbourne PPOR -$1M+, worth it?

[Neo gel]

Me and my partner is looking at this property at the moment, seems to be one of the few places we can agree on. It'll be PPOR and not a FHB, we don't have a family yet nor are we planning to in the next few years.

The exact same townhouse next door auctioned off for $1.175M last year around the same time

http://www.realestate.com.au/property-house-vic-north+melbourne-118132991

how much would the market have moved since then?

 

[Rolf Latham]

the agents are funny buggers


I reckon 1.26 + on auction day

ta

rolf

 

[Neo gel]

actually did try to ask if the sellers would take a private offer.

before I could even complete the sentence, the agent cut me off at "would the sellers con....", with a straight "no".

thought he misheard me and he said no again. So I guess the owners are very confident on the market.

 

[D.T.]

actually did try to ask if the sellers would take a private offer.

before I could even complete the sentence, the agent cut me off at "would the sellers con....", with a straight "no".

thought he misheard me and he said no again. So I guess the owners are very confident on the market.

Would have asked, "since you're so confident, why are you pricing it so low on the ads?"

 

[andrew_de_a]

Are you guys aware that Queensberry st is a major road?

 

[Neo gel]

Are you guys aware that Queensberry st is a major road?

Yup I know, actually rented a room just Next door to the Cafe that is twenty and six now. This was a few years back when I first start doing a couple stints down in Melbourne for work