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The numbers tell the story.
The growth in real terms since this post (and many years) was sweet FA.
31 Jul 2003 $670,000
16 Aug 2013 $580,000
10 Dec 2012 BUY NOW $375K-$405K OR AUCTION.
29 Jun 2013 current $375K-$399K
22 Oct 2008 Unknown $580,000
26 Jul 2013 Unknown $605,000
21 Dec 2010 Unknown $522,500
18 Jul 2013 Unknown $513,000
10 Dec 2003 Unknown $510,000
12 Jul 2013 Unknown $550,000
24 May 2002 Unknown $550,000
4 Jul 2013 Unknown $645,000
19 Oct 2009 Unknown $488,000
11 Jun 2013 Unknown $508,000
4 Feb 2005 Unknown $434,600
6 Jun 2013 Unknown $505,000
What's your point?
The numbers tell the story.
The growth in real terms since this post (and many years) was sweet FA.
31 Jul 2003 $670,000
16 Aug 2013 $580,000
10 Dec 2012 BUY NOW $375K-$405K OR AUCTION.
29 Jun 2013 current $375K-$399K
22 Oct 2008 Unknown $580,000
26 Jul 2013 Unknown $605,000
21 Dec 2010 Unknown $522,500
18 Jul 2013 Unknown $513,000
10 Dec 2003 Unknown $510,000
12 Jul 2013 Unknown $550,000
24 May 2002 Unknown $550,000
4 Jul 2013 Unknown $645,000
19 Oct 2009 Unknown $488,000
11 Jun 2013 Unknown $508,000
4 Feb 2005 Unknown $434,600
6 Jun 2013 Unknown $505,000
This sounds so nice if you wish to live there but what demographic of customer would these IPs suit? If the purchase is to eventually to live in them, then yes, but if I never wish to why would I buy a property with the pool and provide the maintenance (my strategy is never to buy with a pool)?We have come across sooooooooooo many bargains in the last 3 months, I just wish I had some more 20% deposits to take advantage of them. We get across these kinds of deals on average about once every 3 - 4 weeks but we scour the market daily.
One was in Copacabana - a 5 brm double storey house with a swimming pool. No ocean views but only a 250m level walk to the patrolled surf beach. Sure it had bad presentation and needed $20K spent on it.
What to do, what to do ........