QLD Property value of this house in Redcliffe

Discussion in 'Property Analysis' started by Justin_mo, 24th Jul, 2019.

Join Australia's most dynamic and respected property investment community
Tags:
  1. Justin_mo

    Justin_mo Well-Known Member

    Joined:
    6th Mar, 2019
    Posts:
    50
    Location:
    Melbourne
  2. Lacrim

    Lacrim Well-Known Member

    Joined:
    25th Jul, 2015
    Posts:
    6,175
    Location:
    Australia
    At a guess, $600-650K?
     
    spoon likes this.
  3. Trailblazer

    Trailblazer Well-Known Member

    Joined:
    13th Sep, 2017
    Posts:
    105
    Location:
    OZ
    Interesting, I just came across this on REA https://www.realestate.com.au/property-unitblock-qld-redcliffe-133349762 and ran a search on Redcliffe on the forum to find out it's next to the one you're looking at.
    How do you compare the intrinsic value from the single $650k property you listed to the multiunit neighbour asking for $800k? They're both 860m2 but the multiunit is asking $150k over its sold neighbour.
    How would you determine if this represents good value or not?
     

Buy Property Interstate 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