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NSW What's your price?? Nowra

Discussion in 'Where to Buy' started by markson, 29th Mar, 2016.

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  1. markson

    markson Well-Known Member

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  2. MichaelMik

    MichaelMik Active Member

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    322k. Hope it surpasses this haha. Rampy ramp.
     
  3. datto

    datto Well-Known Member

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    I was down there several years ago......2000sq mtr resi block for just over 200K
     
  4. bob shovel

    bob shovel Well-Known Member

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  5. markson

    markson Well-Known Member

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    $335k

    638m2
    Last sold price $238k in 2012
    Low housing commision area of Nowra 3.7%
    Hard to get recent sold data for Nowra as most Real Estates wont disclose the sale prices to websites.
     
  6. Cadbury99

    Cadbury99 Well-Known Member

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  7. Timwest

    Timwest Well-Known Member

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  8. Leo2413

    Leo2413 Well-Known Member Premium Member

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    315k

    Only bought 4 years ago. Someone aint making money in all likelihood.

    PR data CMA puts it broadly at 271-325k.
     
    Last edited: 29th Mar, 2016
  9. Chilliblue

    Chilliblue Well-Known Member

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    According to the agency, they believe that the property will sell over $320K and possibly $340K.

    Number 49 is up for rent at what I believe is this properties achievable rental of $330pw so even at their lowest estimate it is not a great return.

    However, if there is not enough outside interest, it needs to be sold and this auction is left to the locals then there is a chance that it may go lower.

    I purchased one not too long ago for $240K so happy to see this go as high as it can.
     
  10. Drgonzo

    Drgonzo Well-Known Member

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  11. Leo2413

    Leo2413 Well-Known Member Premium Member

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    Pretty adventurous..:D I'd be gobsmacked if it sold for that amount.
     
  12. C-mac

    C-mac Well-Known Member

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    Hmmm I'd imagine $300K or up to $310K maximum. Possibly less though, because post-APRA, regional areas like Nowra might be harder to move, and less likely for buyers to overpay.
     
    Leo2413 likes this.
  13. markson

    markson Well-Known Member

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    Will need an exact figure to be counted.

    Median price
    $315,000
    Nowra Averyage Days on market 64.8 (doesnt seem to bad to me).



    @Cadbury99 $301k
    @Timwest $310k
    @Leo2413 $315k
    @MichaelMik $322k
    @bob shovel $330k
    @markson $335k
    @Drgonzo $400k
     
  14. C-mac

    C-mac Well-Known Member

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    Lol ok I call $308K :)
     
  15. markson

    markson Well-Known Member

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    Results:

    "We sold this proper for $326,000, with the contracts exchanging on Wednesday prior to auction. "
     
  16. bob shovel

    bob shovel Well-Known Member

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    we have a winner!! hooray NSW getting the job done!