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Sydney house where body lay for 8 years sells for more than $1m at auction

Discussion in 'General Property Chat' started by Jake Milne, 26th Feb, 2016.

  1. Jake Milne

    Jake Milne #1 Buyers Agent, Vic. Business Member

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  2. Cactus

    Cactus Well-Known Member

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    People where dieing to get it!
     
  3. Shahin_Afarin

    Shahin_Afarin Residential and Commercial Broker Business Member

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    Very sad story and even sadder that there are so many people coming out of the woodworks to claim their inheritance.
     
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  4. Cactus

    Cactus Well-Known Member

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    Unreal. I inspected a place recently and it was in similar nick. I asked the agent how long ago the owners left. He said the old lady just moved into a home. Can't imagine how someone could let their mum/aunt live like that.
     
  5. DaveM

    DaveM Adelaide Buyers Agent & KFC Strategist Business Member

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    Agents had grave concerns about the sale
     
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  6. JDP1

    JDP1 Well-Known Member

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    76 sqm block over a mil. I thought those days were over.
     
  7. RetireRich101

    RetireRich101 Well-Known Member

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    it is a 3 min walk to Central Station, and plenty of great cafes in the area
     
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  8. mini2

    mini2 Well-Known Member

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    Geez there's not a lot of meat left on the bone for that price...not until the next cycle anyway.
     
  9. bob shovel

    bob shovel Well-Known Member

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    The winning bid
    images (3).jpg
     
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  10. Tyler Durden

    Tyler Durden Well-Known Member

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    Reminds me of Helen, the agent from Lullaby (a Chuck Palahniuk novel)....she would have loved this place!

    "Lullaby" begins with a house where the words "Get Out" are scratched on the living room floor. Perfect: this is just the kind of place that the pink-haired real estate agent Helen Hoover Boyle loves to sell. It's great business for her to market "a Queen Anne, five bedrooms, with a mother-in-law apartment, two gas fireplaces, and the face of a barbiturate suicide that appears late at night in the powder room mirror."

    When it comes to the ideal new listing: "What she needed was blood running down the walls. She needed ice-cold invisible hands that pull children out of bed at night. She needed blazing red eyes in the dark at the foot of the basement stairs. That and decent curb appeal." When she sells a house like that one, she's apt to be selling it again very soon...

    For a Seller of Unreal Estate, Creepy Is as Creepy Does
     
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  11. Hanison

    Hanison Well-Known Member

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    $14.5k a square meter.

    Just Wow.
     
  12. DaveM

    DaveM Adelaide Buyers Agent & KFC Strategist Business Member

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    I wonder if the agent kept a skeleton staff on hand to deal with queries
     
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  13. Biz

    Biz Well-Known Member

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    Cycle doesn't apply for Sydney inner city and inner west terraces. It's just 5-10% year after year.
     
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  14. mini2

    mini2 Well-Known Member

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    So buy one today and expect it to double in 7-10 years? Sounds a little too good to be true...
     
  15. radson

    radson Well-Known Member

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  16. Jake Milne

    Jake Milne #1 Buyers Agent, Vic. Business Member

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    teg499, bob shovel and wylie like this.
  17. wylie

    wylie Moderator Staff Member

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    Two things spring to mind opening that Katoomba link.

    1. As already mentioned by Jake Milne, that house would be cold, cold, cold. Louvres in Katoomba???

    2. Who would want to live in Mort Street. Could they not have thought of a better name when they were naming that street?
     
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  18. Biz

    Biz Well-Known Member

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    It's not. I have studied that market for over 10 years and it is just growth on top of growth. It's the safest most robust property market in the whole country. Even the Eastern suburbs and lower north shore don't beat it for consistent growth.

    Holding them is another story though because yields are terrible.
     
  19. radson

    radson Well-Known Member

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    ething like this:

    C'mon..It's Katoomba in winter not Krakow :)
     
  20. barnes

    barnes Well-Known Member

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    Winters in Krakow are pretty mild. :)