Ok all
In the spirit of potential bargains, crashes, booms, vendors being overly generous/overly greedy, etc I have decided that I should start publishing one or two properties a week that I come across, which you may find interesting.
They will either be ones that certainly do look like a real bargain through to ones where you wonder exactly what the owner was thinking. They all come from the SQM Home Discounts report so please excuse me if I give that a plug from time to time.
And for those of you that like to read that other website, you will find this posted there as well.
Anyway, on with the show.
The first one comes from our favourate region, the Northen Beaches of Sydney. Yes folks, that region that some of you here love and others love to hate!
Check this property out.
http://www.domain.com.au/Public/PropertyDetails.aspx?adid=2007544631
Here is its advertising history so far from the SQM Home Discounts Report:
18 Dec 2008 $2,650,000
07 Mar 2009 $2,500,000
21 Mar 2009 $2,000,000
02 May 2009 $1,800,000
Now can anyone guess what the owners paid for it and when?
$2,580,000 in July 2006.
Not quite sure what has happened but it does seem this one could be going for a steal. Oops. The ad has just been updated. It seems it has sold but for how much we are unsure; other than to say that it appears someone has taken quite a bath and somene perhaps has picked up a bargain of a life time?
Its one of the more extreme examples but there you have it.
It come from the SQM Home Discounts Report found on www.sqmresearch.com.au
Edit: erased a record mentioned here on a Sufers Paradise Unit. Last sold record in database questionable.
Last edited: