http://www.realestate.com.au/cgi-bi...t=&header=&cc=&c=15417759&s=nsw&tm=1258282631
48 sqm unit sold at auction for $166.5K
last Saturday. I think I saw one of the forum member there too.
48 sqm unit sold at auction for $166.5K
LOL,
Market is pretty hot at present, but the bargains are definately still out there.
Forgive the ignorance, but i must ask.....
when you are refering to the market being pretty hot, is it cause there are few "worhtwhile" properties around and lots of interested buyers? or is it something bad??
thanks beforehand for the clarification![]()
What I mean was same unit was purchased in 2006 for a bit over $170K, 3 years on, an investor was down on her luck and mortgagee took over and sold it for less than purchase price. Shouldn't it make people start to think that the unit is maybe overpriced?
LOL,
Yeh I think I stood out, was wearing the Pink Fluro shirt with thongs
Market is pretty hot at present, but the bargains are definately still out there.
Hot as in, there are lots of buyers, not enough properties, prices rising. However there are still bargains just need to act quickly once you find one.
Strata unit blocks look exactly the same as when they were built 30 years ago with little or no money spent on beautification.
Load of crock!Hot as in, prices rising.
PARKHOLME CCT $330,000 16/10/2009
$360,000 23/10/2002
KANANGRA CRES $335,000 30/09/2009
$324,000 01/12/2003
WAMINDA AVE $295,500 30/09/2009
$280,000 07/06/2006
WAMINDA AVE $219,000 17/09/2009
$289,950 10/08/2004
GILMORE AVE $308,000 16/09/2009
$279,000 10/06/2003
As you can see, no boom here. but rents do seem to be rising (as are interest rates)
I'm surprised to hear from you BV, prices haven't gone & aint going anywhere from what I see.
29 OTHELLO AVE is for sale, how much is it worth and what is market price?
27 OTHELLO AVE $300,000 04/08/2009
47 OTHELLO AVE $277,000 14/05/2009
17 OTHELLO AVE $260,000 16/04/2009
25 OTHELLO AVE $255,000 22/01/2007 25 OTHELLO AVE $273,000 25/08/2003
Does this look like a boom?
Load of crock!
11/40 PARKSIDE CRES $275,000 26/08/2009 $250,00020/06/2006
5/11 WARBY ST $142,000 15/08/2009 $135,000 08/07/2004
1/40 CORDEAUX ST $188,000 14/08/2009 $200,000 01/07/2004
1/2 MEREIL ST $281,500 17/07/2009 $285,000 23/11/2004
6/7 STURT ST $239,950 10/07/2009 $217,500 05/03/2006
4/49 STURT ST $190,000 24/06/2009 $165,000 26/04/2006
9/11 WARBY ST $160,000 25/05/2009 $147,000 04/09/2002
6/30 BROUGHTON ST $220,000 05/05/2009 $215,000 23/07/2003
7/2 MEREIL ST $285,000 27/04/2009 $223,500 22/03/2002
5/6 REDDALL ST $165,000 22/04/2009 $152,000 19/10/2007
5/2 MEREIL ST $268,000 03/04/2009 $214,000 13/03/2002
7/11 WARBY ST$160,000 01/04/2009 $140,000 27/09/2002
I'm surprised to hear from you BV, prices haven't gone & aint going anywhere from what I see.
----
edit
Here's a nice practical real example for all the local wannabe boomer valuers like Nathan:
29 OTHELLO AVE is for sale, how much is it worth and what is market price?
39 OTHELLO AVE $300,000 05/09/2003
27 OTHELLO AVE $300,000 04/08/2009
47 OTHELLO AVE $277,000 14/05/2009
17 OTHELLO AVE $260,000 16/04/2009
25 OTHELLO AVE $255,000 22/01/2007 25 OTHELLO AVE $273,000 25/08/2003
41 OTHELLO AVE $280,000 08/03/2005
31 OTHELLO AVE $295,000 08/10/2003
39 OTHELLO AVE $300,000 05/09/2003
Does this look like a boom?
Your a funny one Piston!
The market isnt moving?
Is that why Othello's sales figures look like this?
14/05/09 277,000
08/09/08 185,000
Prices havent moved and money isnt made in this market is it?
12-12-2004, 01:26 PM
Don't forget this is not the first "New era of low inflation". I'm not preaching doom & gloom, just be prepared.