I lived in this house and look at what'd happened now!

I rented here in 1987 and after 30 years, whoever got it for $57,500 in 1997 would have made 20 times CG! That's 17% compound growth! I should have bought it.

5 Dobson Avenue, Oakleigh East, Vic 3166 - View Sold History & Research Property Values - realestate.com.au

 

@spoon - you have to ask yourself:

• Did you have access to the $60k to make the purchase in 1997?
• What did you do instead?
• Why did the buyer in 1997 pay $27,500 less than the previous sale in 1993 (partial interest/divorce, anxious sale, poor marketing etc)

Now you can beat yourself up

 

Point 1 & 2. Yes, I did, paid double and bought in Canterbury but only a semi-detached unit
Point 3, if divorce, I would have married the person who bought it, gender/age/look irrelevant if I have the foresight