QLD LOGAN 2022

https://m.realestate.com.au/property-house-qld-shailer+park-138215278

Price has been reduced twice now. Not sure why no one is biting/what’s wrong with it?

 

I would say because they are asking above $760k+ which means realistically the vendor wants a $800k+ sale price for it.

Its getting very expensive and for $800k+ maybe ppl are preferring other places than this plus its only a 3 bedroom. Massive land though but for many FHBs they dont want it or care for huge land sizes.

 

Asking $600k already for 3/1/2 - could this be achieved??

18 Barakee St, Crestmead, Qld 4132
https://www.realestate.com.au/property-house-qld-crestmead-138341163

 

Do granny flats add or reduce value? Good for landlords as an income stream for rent, but are they good for resale value?

 

In Logan, on large blocks they can. Very rarely see it redice value, unless it's a mansion.

 

The Woolworths shopping trolley parked in the garage (photo 4) is good for at least $50k to the asking price?

 

I'm bookmarking this for sure!!!

If this gets $600k+ its going to be a record for sure for Crestmead for a 3 bedder.

I was p!$sed off today because I had some maintenance issues come up. Fix broken roof tiles and repoint all the ridge capping at one of my houses in Bracken Ridge for $1500 but then I come on here and see how much my places are rising all over Brisbane and all is forgiven.

Just realise these small expenses are nothing compared to how much places are rising.

Sit back relax and dont let the stress of it all get to me. I get more stressed as I get older for some reason. LOL

 

As a first home buyer I would pay 800 all day for the SP property over 600 for that Crestmead one if I had to buy in the area and could afford it. I recon those homes are better value than 800k in Pimpama or Coomera.

Their expectations are probably a bit out. There are a few places around me that haven’t sold because there laughably overpriced.

750 in Edens landing for a nice 422 and pool last week.

 

I would too but $$$ talks and bank loans matter. $200k+ difference can mean either you buy or you dont buy so at $800k price bracket its getting up there for the average FHB thats for sure.

I mentioned in another thread I think that some banks are using $30k per child per year as expenditure. That is HUGE and if you have 2 kids + stay at home mom + earning less than $150k a year + bills, insurance, food, internet, mobile and all the other basic expenses well $800k is a big struggle.

 

Might be the agent playing games to whip up offers? Or maybe it’s failed BPI. What price did it start at?

 

So part of this is affordability, this is what I like about Logan affordability makes it desirable as other places are only aspirations/dreams

 

Of cause there are plenty enough ‘other’ demographics in logan to pay the premium of premium suburbs. I recon it will sell for 8 soon enough if there are no major issues.

 

For this house.... no way!! not even 500k,.... more likely around the 450k mark

 

Hmm. Normally I’d agree, but there was little interest at open I attended. It was initially low 8s, then 799, today 760. I’d have definitely thought the downstairs would appeal if looking to generate additional income stream. I’m just surprised because everything else is going like hotcakes, and I wouldn’t have actually thought 800 was unreasonable? The place presented really well, in comparison to 8 Bauple Cres, Rochedale South. That house was absolutely filthy, signs of damage everywhere you looked, including cracked pool. One bedroom so packed with junk that you couldn’t even step inside. Agent told us they want low 8s for that. The difference between the two houses was night and day.

 

Lets see. If it sells for $600k I'm going to get a bottle of Dom Perignon 2012 Vintage and drink it all that night I find out to celebrate

Maybe something wrong with the structure of the house or something? Possible. Maybe the agent just sucks bigtime.

Anyway I dont think they have anything to worry about. Just hold off a few more weeks and it will fetch 800k. Brisbane rising still at a scary rate.

 

I swear Strudwick sells half of Logan! I’d be surprised if you hadn’t seen his face on a heap of signs that side of the highway.

 

This morning when it came up it was listed for 350k. A few hours later it became "Contact Agent".... and now it's 600k. I wouldn't read too much into the figure - agents smoked

 

still have the tab open from this morning....

 

Weird!

You should buy it

44 Tanaldi Street, Shailer Park, Qld 4128
https://www.realestate.com.au/property-house-qld-shailer+park-138215278

 

Flagstone going well? Good floorplan, but a long way out.

14 Wildwood Crescent, Flagstone, Qld 4280 https://www.realestate.com.au/sold/property-house-qld-flagstone-138079662