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Whats your take on this property?
Topic Started: 6 Oct 2015, 02:26 AM (1,866 Views)
peter fraser
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newjez
9 Oct 2015, 12:38 PM
Are there any properties in qld that sell for over a million, and why?
Yes but you get more than that for the money. I looked at a similar style house in Mt Ommaney that was better than that recently - it sold for $820,000.
That house would probably be around $795,000 in Brisbane. A $1M house in Brisbane is a luxury house 10Km to 15 km from the CBD.
Edited by peter fraser, 9 Oct 2015, 06:22 PM.
Any expressed market opinion is my own and is not to be taken as financial advice
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Matthew
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Chanman
6 Oct 2015, 02:26 AM
Just looking at this property:

http://www.realestate.com.au/property-house-wa-attadale-120758793

Spoke to the agent who said the sellers are not interested in anything under $1,150,000, even though the median price ( I know its not the best measure) has dropped in Attadale. Property was sold for 1,055,000 in 2009, and since then the owners have installed a 'wet kitchen' but not much else. Just wondering what your opinions were on the price.

Regards
I would not pay more than $750,000 for a 3 bed house in Attadale. Good luck to the owners, but they are being over ambitious.
Fisho74
9 Oct 2015, 06:10 PM
Whats with that answer. Plenty sold for in the millions obviously. As a comparison a 290 acre absolute beachfront property just sold for 1.2 mil in qld. Alot more bang for your buck in qld!
Where in Qld? 12km from the Brisbane CBD like this one?
Jimbo
6 Oct 2015, 05:04 AM
I think what you are trying to say, is that although Attadale and Applecross are down this year (6.4% and 9.4% respectively), this is not being reflected on the ground.

Of course, this is also a tactic a particularly angry and foul mouthed property Bull might take when faced with official numbers showing their suburb and surrounding areas tanking.

Running a blog for four years hasn't worked, spamming PN for god knows how long hasn't worked.

Socks to the rescue maybe?

EDIT: Someone is telling porky pies.
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Dimbo if you aren't selling you don't care what your PPOR is worth. We will live here for 30 years. When the kids burn us and scatter our ashes given they paid $0.00 for it I am sure they wont care either. Just pay the agent fees and divide by three. Happy days for them. I am pretty sure that what ever happens this year or next, in 30 years time the house will be worth more in real terms than it is today. And I still wont care. Because if I am alive I am still not selling, and if it is sold we are dead.

It amuses me that you think I am a bull just because I don't think prices will fall 40%. Piss funny. Almost as funny as your claim that your spread sheet tracking listings added to your wealth creation in USD investments. Almost but not quite.
Edited by Matthew, 9 Oct 2015, 07:05 PM.
My only hope for my three boys is that they turn out nothing at all like Chris.
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newjez
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peter fraser
9 Oct 2015, 06:22 PM
Yes but you get more than that for the money. I looked at a similar style house in Mt Ommaney that was better than that recently - it sold for $820,000.
That house would probably be around $795,000 in Brisbane. A $1M house in Brisbane is a luxury house 10Km to 15 km from the CBD.
I don't think anyone is denying Perth is overpriced compared to Brisbane. But you also have to compare like for like. Just because a property is 'close to water' doesn't mean it is in a prestige area. Not wanting to blow Matthew any more than his wife does, but Applecross and the surrounding suburbs are considered prestige, and you get what you pay for.
Whenever you have an argument with someone, there comes a moment where you must ask yourself, whatever your political persuasion, 'am I the Nazi?'
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Foxy
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Zero is coming...

TICK, TOCK...
http://www.afr.com/content/dam/images/g/n/2/1/u/8/image.imgtype.afrArticleInline.620x0.png/1456285515560.png
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