NSW 3 bed house in Maroubra

Discussion in 'Property Analysis' started by matt_j, 19th Mar, 2020.

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  1. matt_j

    matt_j Well-Known Member

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    Thoughts on the value of this property? shorturl.at/wyK56

    It's a 3 bed semi with 1.5 bathrooms & plenty of room down the side of the house for parking. On a main road but double brick so you don't hear anything inside the house.

    Currently under contract. Given the current market & where people see the market going in 6-12 months, keen to get an idea of any thoughts on the value.
     
  2. Ouga

    Ouga Well-Known Member

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    "Trying is the first step towards failure" Homer
    your link doesn't work
     
  3. matt_j

    matt_j Well-Known Member

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  4. matt_j

    matt_j Well-Known Member

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  5. Gockie

    Gockie Unicycle - get exhausted but never two tired Premium Member

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    Well, says sold 1.387m
     
  6. matt_j

    matt_j Well-Known Member

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    Sorry, I probably should have added we ended up purchasing it.

    I had posed the 'Do we, don't we?' question in other threads.
     
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  7. Gockie

    Gockie Unicycle - get exhausted but never two tired Premium Member

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    Ahhhh.

    I would suppose it’s a reasonable entry to the Maroubra market, a semi is ok, glad you have land content and 1.387m isn’t particularly a high or low figure in my opinion.

    I don’t follow home prices in the Eastern suburbs closely though.
     
  8. SeafordSunshine

    SeafordSunshine Well-Known Member

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    Congratulations!
    I think it's a reasonable price in near to a lot of very 'lifestyle' areas.
    Bunnerong Rd isn't the busiest rd in the area, but the lifestyle it offers should be great!
    Good on you!
     
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  9. matt_j

    matt_j Well-Known Member

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    Cheers, we are planning to renovate it over the next 12 months or so and should be able to do this with minimal labour costs for some of the trades.

    We got it a little below market value at the time and plan to keep it for many years so will weather whatever dips the market sees.
     
  10. matt_j

    matt_j Well-Known Member

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    Thanks! Yeh when you're inside the house, you don't hear any of the traffic as it's a double brick home.
    We saw the benefits of being close enough to the CBD, 5 min drive from the beach & walking distance to shops plus the potential to add value by renovating.
    Currently in an apartment in Waterloo so it will be quite different to what I've been used to for the last 8 years of apartment living.
     
  11. SeafordSunshine

    SeafordSunshine Well-Known Member

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    At the moment we are 'working from home' but having a real garden is just the best part. :)
    Flowers and vegetables... use my duty dishwater to stop things drying out!
    I hope this helps
     
  12. SeafordSunshine

    SeafordSunshine Well-Known Member

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    Dirty dishwater....
     
  13. Rolf Latham

    Rolf Latham Inciteful (sic) Staff Member Business Plus Member

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    close to airport too which can be great for many things

    ta
    rolf