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What's my final sale price Eastwood NSW?

Discussion in 'General Property Chat' started by Gockie, 16th May, 2016.

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  1. Gockie

    Gockie I'm an ISTP-A female, so I might be a bit quirky! Premium Member

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  2. Gockie

    Gockie I'm an ISTP-A female, so I might be a bit quirky! Premium Member

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    My guess is 925k.
    Its significantly higher than the guide price (small land and not near station either). But having said that, I think people may possibly push it well over the guide.
     
  3. larrylarry

    larrylarry Well-Known Member

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    I saw this house via app this morning. Very small land in Eastwood. 910k.
     
  4. samiam

    samiam Well-Known Member

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    for knock down and rebuild later… 900k
     
  5. VB King

    VB King Well-Known Member

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    CNY 4.4mn
     
  6. Gockie

    Gockie I'm an ISTP-A female, so I might be a bit quirky! Premium Member

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    A very unlucky number!
     
  7. Mumbai

    Mumbai Well-Known Member

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    860k. Even that looks a bit too much to me.
     
  8. VB King

    VB King Well-Known Member

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    Yep!
     
  9. Gockie

    Gockie I'm an ISTP-A female, so I might be a bit quirky! Premium Member

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    Oh wow. Apparently last sold June 1984 for... $9,000! Is it missing a zero?
    (Commbank App)
    Screenshot_2016-05-16-22-11-07.png
     
  10. samiam

    samiam Well-Known Member

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    or zeros… :D
     
  11. sanj

    sanj Well-Known Member

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    800k-900k for a lovely 2x1 asbestos filled cottage on 280sqm in a suburb 17km from cbd that, despite its positives, is hardly bondi or mosman or Paddington.

    once rebuilt you're talking $1.5-2m depending on the house and still people don't think sydney is overpriced??
     
  12. Gockie

    Gockie I'm an ISTP-A female, so I might be a bit quirky! Premium Member

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    Just give us a guess... Feel free to even say something at about the 780k mark!

    It is better than a unit or villa and villas can go for $1mill in Eastwood....
     
  13. EN710

    EN710 Well-Known Member

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    Im guessing $888k ;)

    @sanj thinking and reality are two different thing :oops: houses in my area are about 1.4m now and also 15-17km from city
     
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  14. sanj

    sanj Well-Known Member

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    I dont doubt what you're saying, what I'm saying is that it's bloody stupid. I mean seriously, $3000-3500/sqm for effectively land value in this part of town??

    genuine question, who is the target demographic for the end product who would be happy to pay 2m or close to it for a home on a tiny block in Eastwood?
     
  15. larrylarry

    larrylarry Well-Known Member

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    This is Eastwood. Overpriced is the norm.
     
  16. MTR

    MTR Well-Known Member Premium Member

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    If its still a hot market would say around $900K, if it had a larger component well into $1.2M


    Keep us posted:)
     
  17. MTR

    MTR Well-Known Member Premium Member

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    Sanj
    I think massively popular area with Chinese.

    People lose their mind in booms, I am just not sure whether the area is still hot, not been watching lately.

    The land component throws me a bit, though perhaps its a good entry point for those who can not afford the full block.
     
  18. larrylarry

    larrylarry Well-Known Member

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    It's more than the land, it's the chinese community and primary school that buyers want to get into. Some will be ready to sacrifice space for proximity.
     
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  19. Gockie

    Gockie I'm an ISTP-A female, so I might be a bit quirky! Premium Member

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    Who knows. It may fall into the 780-850k bracket due to distance to the station. Its effectively smack bang between Eastwood, Epping and Carlingford, but without being an easy walk to the town centres of any of them, which for me is a negative. But the land looks flat, shouldn't be hard to build on...
    I have a Chinese colleague and he'd really like to buy in Carlingford because of the schools. But he thinks its very expensive. This is a very good alternative for anybody on a smaller budget.
     
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  20. MTR

    MTR Well-Known Member Premium Member

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    That's all you need to drive price up