West Ryde - my IP for sale. Guess my final sell price?.

It only just listed today. Overall i'm happy with it except the courtyard is significantly larger than what is shown on the floorplan (I said that to the agent), basically its 8m by 4m.

I'm hoping I priced it ok - my worry is its priced too high to scare off potential buyers. Bit harder now you can't say offers over! Most 2 br units in West Ryde have listed at high 5's but I figured mine has the courtyard and its well presented. The previous 2 sales in the building were 620k and 635k and I like mine better than the one sold for 635k. But that was late last year. The other worry is rising levels of stock on the market. Not flooded, but more than in the boom.

How much do you think it will sell for? If I don't get a price I'm happy with I have a fall back plan (which is sell a different property) and so not all is lost. And i'm not in any sort of stress. I'm just planning to deleverage a tad.
Click here for the property

 

$629,998

 

My guess is $595K
Sorry... Probably lower than what you are hoping

 

To the nearest dollar!

 

Note: This game/thread is over when I have an unconditional contract in place.

 

$647,500

An old 2 bed unit in Macquarie Park sold for $690k end of last year in auction (I walked past the crowd)

 

450K......and I'll take it.....pppllleeaaassseee?

 

1.1m. Look at that courtyard! Any prospective buyers would be mad not to jump at it.

 

I would have happily sold it to you for 450k back in 2011 Datto.

 

I'm not going to disclose want for it here, but I do have a number in my head.

 

$638,888

 

Gockie,
would you prefer to see prospect buyers coming this pchat thread, cos google optimized if you search for property address. Maybe hide the address, and posted it like this? just suggesting

 

OK, how about I throw in a property from say Elizabeth?

 

Hang on, I didn't read anywhere what the prize is?

 

I'm hoping I priced it ok - my worry is its priced too high to scare off potential buyers. Bit harder now you can't say offers over! Most 2 br units in West Ryde have listed at high 5's but I figured mine has the courtyard and its well presented. The previous 2 sales in the building were 620k and 635k and I like mine better than the one sold for 635k. But that was late last year. The other worry is rising levels of stock on the market. Not flooded, but more than in the boom.
@Gockie, if you are worried about the price have your agents collect value opinions from OFI attendees and adjust the price accordingly on Monday. Hopefully, you won't need to!

 

Nice flat! The courtyard makes all the difference.
WR so expensive now.

 

Thanks RR! I'll give it a go

 

I hope it looks ok now? (I'm a phone surfer)....

 

I figured it makes the difference. Its a 9 level block and only the ground floor properties have a courtyard. And not all the courtyards are a good size either.
Anyway, fingers crossed.... I just need enough people to like it and put an offer on it to get a decent price.

 

I can have as a prize many boxes of the tiles you see in the kitchen. Enough to tile another kitchen! Or a vanity. Or a spare bathroom vanity mirror.
And around 30 back copies of API Magazine....

Winner to collect!!