10 DALE STREET Seven Hills NSW 2147 - House for Sale #126418114 - realestate.com.au Does anybody else think this is over priced? Ex housing commission in a housing commission area in Sydneys Western Suburbs 2 bedrooms only with a rent return of approx $350 week ! Are they dreaming?
Looks pretty close to land value? Could be getting the house for free How much are vacant 600sqm blocks selling for in the area?
That's cheap I reckon. A mate at work reckons his son just paid $650k for 250sqm of land near Quakers Hill
If that's accurate then he got hugely ripped off. I wouldn't even buy this, and its 513sqm of land for 657k. 18 Voysey Close, Quakers Hill, NSW 2763 - Property Details
Oh I know.. but he's one of those guys that is 'never wrong' so can't even question his reasoning. He's done well buying and selling other pockets of land, so he's advised his son to buy this. I have a feeling his son won't be very trusting in the future.
Well if it were me, I would prefer something like this. Established home, already built, much lower overall price point than if you bought the other one PLUS had to build a home on it, taking risk into account as well. That's how I see it. 12 Toomey Cres, Quakers Hill, NSW 2763 - Property Details
Wow Quakers hill is expensive That's all im thinking. I suppose its got Hill in the name. Im not an expert in the area at all.
It is a priority precinct if that means anything, probably a bit too far from station to benefit from any proposals for zoning changes though.
it will be heavily negatively geared I reckon, $680k purchase price + $26k Stamp Duty, say 5% IR, the weekly IO repayment will be about $680/wk, plus $100 per week of ongoing cost, that is about $430/wk negative.
Not over-priced. Vacant land being released further north and further west than that costs around that much.
Seven Hills indoor sports centre now has automatic Cricket bowling machines if that counts as a 'significant influence' on area home prices.
