NSW Housing slump set to be the largest in nearly 40 years, Macquarie

Discussion in 'Where to Buy' started by Pete Arendt, 7th Nov, 2018.

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  1. Noobieboy

    Noobieboy Well-Known Member

    Joined:
    10th Aug, 2017
    Posts:
    2,172
    Location:
    Utopia
    Agree with the above.
     
  2. JamieS

    JamieS Member

    Joined:
    13th Nov, 2018
    Posts:
    7
    Location:
    Sydney
    That ended up selling for $1.765m.

    Another beauty:

    72 Chelmsford Street, Newtown, NSW 2042
    No Cookies | The Weekly Times

    "Newtown renovator’s delight sells for $1.3m, $100k above reserve" in Oct 2017


    After the delightful renovation, it sold for $1.18m in Dec 2018. Easy way to launder money?

    Sold 72 Chelmsford Street, Newtown NSW 2042 on 07 Dec 2018 - 2014617376 | Domain

    Sadly i can't post these in "Sydney Price Correction - post examples - part 2" for some reason.
     
  3. TMNT

    TMNT Well-Known Member

    Joined:
    23rd Jul, 2015
    Posts:
    5,572
    Location:
    Melbourne
    Ouchy.
    So a $200k+ loss

    Would be interesting if they had to sell or not