Castle Hill

Discussion in 'Property Market Economics' started by hash_investor, 9th Aug, 2020.

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  1. hash_investor

    hash_investor Well-Known Member

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    hash_investor, 9th Aug, 2020
    #1
  2. Trainee

    Trainee Well-Known Member

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    Maybe the steep slope put people off?
     
    Trainee, 10th Aug, 2020
    #2
  3. Someguy

    Someguy Well-Known Member

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    I would have guessed 1.5+ on that one.
     
    Someguy, 10th Aug, 2020
    #3
  4. Gockie

    Gockie Life is good ☺️ Premium Member

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    I don't like the home. Its big but that's all. Too many sets of stairs, 1 main bathroom only for a house with 6 bedrooms and the second bathroom feel like an after thought (coming off the garage!), bedrooms upstairs are just long and narrow, I think kitchen and living should be reconfigured.
    I'd like to knock the house down and put a duplex on site if that was allowed.
     
    Gockie, 10th Aug, 2020
    #4
  5. Trainee

    Trainee Well-Known Member

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    Agreed the layout is bad. No real ensuite, two floors with 5 bedrooms upstairs sharing one bathroom. Two toilets downstairs one of which is far next to the laundry.

    maybe a little below expected but this was always going to be iffy.
     
    Trainee, 10th Aug, 2020
    #5
  6. There

    There Well-Known Member

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    I thought that’s fibro/weather board
     
    There, 19th Nov, 2020
    #6
  7. twobobsworth

    twobobsworth Well-Known Member

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    twobobsworth, 19th Nov, 2020
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  8. hash_investor

    hash_investor Well-Known Member

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    Not that ugly compared the two recent sales.
     
    hash_investor, 19th Nov, 2020
    #8
  9. twobobsworth

    twobobsworth Well-Known Member

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    What do you think its was worth?

    Prices rising fast but PPOR buyers prefer to spend 1.4+ in Kellyville for a newer house on smaller block.
     
    twobobsworth, 19th Nov, 2020
    #9
  10. hash_investor

    hash_investor Well-Known Member

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    I don't think so. Established properties are more expensive than newer properties.
     
    hash_investor, 19th Nov, 2020
    #10
  11. Paul@PAS

    Paul@PAS Tax, Accounting + SMSF + All things Property Tax Business Plus Member

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    The upstairs is all cladding add on extension and not a brick full sized area. Deck area seems narrow and a further tacked on area with limited function. TINY bedrooms upstairs in the add on which kinds says treehouse to me. Not a great extension that adds terrific value and wierd four area layout. Unusual kitchen layout with no connection to family room etc. Pine panelling and the 1970s fireplace and the mirrored wall is screaming renovation as is the bar downstairs and the painted brickwork. It yells "swingers".

    It may have taken time to find a buyer. I dont see it being badly priced and $1.3 may have been a wait to achieve with offers under $1.3. Original owners selling after downsizing ? They probably loved it and its less appealling to a family buyer.
     
    Paul@PAS, 19th Nov, 2020
    #11
  12. MyPropertyPro

    MyPropertyPro REBAA Buyer's Agents Sutherland Shire & Surrounds Business Member

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    For what it's worth, I lived in 112 Excelsior as a kid and it's also a busier road than it looks. That wouldn't help.

    - Andrew
     
    MyPropertyPro, 22nd Nov, 2020
    #12
  13. aceinfo

    aceinfo Member

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    Busy Road and Horrible layout with multiple levels. Not practical
     
    aceinfo, 22nd Nov, 2020
    #13