In Feb 08 I was chatting with a friend at work by the photocopier (as you do) about the fact that I was looking for a property to buy in Kings Cross area. One of the guys walked past and casually said "the only ones saying now is a good time to buy are the real estate agents". I just smiled and said oh well.
I bought a 1 bed unit in Elizabeth bay (or Potts Point depending on the reference) 2 years ago today actually.
I paid $218,000 which was under market value.
So I just saw a Residex comparative market analysis on my unit.
Comparative sales = $310,100
Residex price estimate =$341,500
Now just waiting for him to step into my conversation again so I can tell him.
Wonder how much he made in the last 2 years?
I bought a 1 bed unit in Elizabeth bay (or Potts Point depending on the reference) 2 years ago today actually.
I paid $218,000 which was under market value.
So I just saw a Residex comparative market analysis on my unit.
Comparative sales = $310,100
Residex price estimate =$341,500
Now just waiting for him to step into my conversation again so I can tell him.
Wonder how much he made in the last 2 years?