I just recently saw a house on Burnett Street in Braybrook go for $611,000. It's a run down old wooden house. I'm assuming its on a big peice of land and whoever bought it is going to develop their. But I was surprised about how much it cost seeing how Braybrook and Sunshine are so close in proximity. Any ideas why this property went for so much more?
I went to an auction in Ardeer which sold for $685,000. The demand is there and developers are going crazy. One thing I am noticing is how many people from NSW are starting to invest in Melbourne.
Where is the property & how big is the land? Recent sales in neighbouring Maidstone are nudging the $1m mark of ~750sqm blocks in quiet streets so that result for a developable (is that a word?!) property in Braybrook is not surprising.
Not sure to be honest. I kind of just assumed that it was a big piece of land because of the sales price. Not even sure what the median price for Braybrook is
Yes! That's the exact house. I feel silly for not trying to find it on the net. I literally only just glanced at a flyer that was put into a mailbox. Is it a bigger block of land or is because of the bungalow thing at the back?
650sqm is a pretty decent size block. I can see why it got a good sale price. Some good options there. Good spot in that suburb too.
Buy High Growth Property WITHOUT Buyers Agents! Buy High Growth Property WITHOUT Dropping $15k On Buyers Agents Each Time! Helping People Achieve PASSIVE INCOME Using Our Unique Data-Driven System, So You Can Confidently Buy Top 5% Growth & Cashflow Property, Anywhere In Australia » Learn HOW Now!