NSW Sydney going OTT

Discussion in 'Where to Buy' started by Propertunity, 20th Feb, 2017.

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  1. noogie60

    noogie60 Well-Known Member

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    To also see how much just stays the same in Sydney -see some choice comments about Parramatta Road
    https://pastlivesofthenearfuture.com/2015/02/25/parramatta-road-1982/

    "By 1806 the road was in such poor condition it was declared to be a danger to horses.”

    “In 1925…the section from Ashfield to Parramatta was noted as being far too narrow for the traffic using it.”
     
    noogie60, 21st Mar, 2017
    #121
    marty998, Gladys, neK and 2 others like this.
  2. Ajax

    Ajax Well-Known Member

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    This will make Redfern, Chippendale, Ultimo, Surry Hills and anywhere nearby go OTT. Plans for buildings over railway lines from Goulburn Street to Central and south almost to Cleveland St. Central station buildings over.png
     
    Ajax, 21st Mar, 2017
    #122
    petewargent likes this.
  3. Gockie

    Gockie Life is good ☺️ Premium Member

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    Southern Sydney's where it's at :)
     
    Gockie, 21st Mar, 2017
    #123
    Biz likes this.
  4. Chabs

    Chabs Well-Known Member

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    It will be nice to see hundreds (maybe thousands?) of new apartments coming up in these areas each year for the next few years.. affordability really only does good things!
     
    Chabs, 22nd Mar, 2017
    #124
  5. The_good_life

    The_good_life Well-Known Member

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    The_good_life, 22nd Mar, 2017
    #125
  6. Obsidian

    Obsidian Well-Known Member

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    The more I see and read more of these stories now, the more it confirms we are in dangerous territory now. Thats absurb for Castle Hill.
    But the more 2019/2020 will be a severe correction in Sydney.
     
    Obsidian, 22nd Mar, 2017
    #126
  7. Gockie

    Gockie Life is good ☺️ Premium Member

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    $2600 quarterly levies... equals $10,400 just for the right to own it and live in it each year (plus council plus electricity plus water....) :eek:

    A year ago we moved into our amazing sandstone heritage listed cottage which is 15 min walk to Epping train station, on over 1000 sqm of land.
    Now... purchase prices.... 1.75 mill for that apartment in Castle Hill vs. 1.6 mill for our heritage house on big land....
    Jeepers.
     
    Last edited: 22nd Mar, 2017
    Gockie, 22nd Mar, 2017
    #127
    Brickbybrick, samiam and The_good_life like this.
  8. Cimbom

    Cimbom Well-Known Member

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    Lol gotta love property marketing in Australia with "penthouse". I'm pretty sure that term is meant to be used for big towers not five storey buildings :p
     
    Cimbom, 22nd Mar, 2017
    #128
    The_good_life likes this.
  9. The_good_life

    The_good_life Well-Known Member

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    Crazy how much has changed in a little over a year.
     
    The_good_life, 22nd Mar, 2017
    #129
  10. The_good_life

    The_good_life Well-Known Member

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    It's hard to tell though!
    2019 is when the Metro starts, Castle towers should be done with it's renovations. There just seems to be lots of people with lots of money, willing to spend! Upgraders, downgraders..the lot :|
    People have made so much money in this boom, they're just reallocating it appears! Lots of peole selling off smaller houses in the North shore, inner west and moving to the Hills for what they see as better value. Crazy prices though :confused:
     
    The_good_life, 22nd Mar, 2017
    #130
  11. Obsidian

    Obsidian Well-Known Member

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    It's crazy. For that amount of money you could get this 4br house in Chatswood on 1499
    sqm land. Though auction guidance is probably a bit off, but still, much better properties with land, and closer to the CBD available at the $1.75m range.
    51 Moola Parade Chatswood NSW 2067 - House for Sale #124975554 - realestate.com.au
    $1.75m in Chatswood for a unit basically (we are in for some serious price correction in the coming years).
     
    Obsidian, 22nd Mar, 2017
    #131
  12. Obsidian

    Obsidian Well-Known Member

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    2019 doesn't matter. Most of the price rises are already priced in for those facilities.
     
    Obsidian, 22nd Mar, 2017
    #132
  13. Gockie

    Gockie Life is good ☺️ Premium Member

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    Always better to compare with sold prices not asking prices... that one in Chatswood could easily be over $2mill once it actually sells.
     
    Gockie, 22nd Mar, 2017
    #133
  14. Ajax

    Ajax Well-Known Member

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    Buildings over railway lines from Cleveland Street Redfern to Central Station

    Central station to Cleveland Street.jpg

    Railway lines north of Cleveland Street.jpg
     
    Ajax, 26th Mar, 2017
    #134
  15. Cimbom

    Cimbom Well-Known Member

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    Developer offering $30K cashback to sell Sydney apartments
     
    Cimbom, 31st Mar, 2017
    #135
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