View Poll Results: Hw much will housing in Australia cost you>
150,000 to 250,000 I'm buying a flat/unit
1
0.92%
250,000 to 350,000 entry level housing, outskirts of the main citys
15
13.76%
350,000 to 475,000 getting up to the average price,
34
31.19%
475,000 to 680,000, moving into nice house territory
34
31.19%
675,000 upwards, normally 2nd home territory,
25
22.94%
Voters: 109. You may not vote on this poll
Housing how much ?
Oct 23rd 2007, 10:14 am
#76
Happy migrant
Joined: Oct 2006
Location: Newcastle , NSW
Posts: 6,756
Re: Housing how much ?
I'm starting to think I must be mad to consider emigrating.
We'll need a mortgage of about $350,000 just to get an average house well outside of Melbourne.
I estimate our combined income will be $100,000 but we will have to pay for after school and holiday care in order for us both to work
We'll need a mortgage of about $350,000 just to get an average house well outside of Melbourne.
I estimate our combined income will be $100,000 but we will have to pay for after school and holiday care in order for us both to work
Oct 23rd 2007, 10:23 am
#77
Lost in BE Cyberspace
Joined: Apr 2004
Posts: 10,375
Re: Housing how much ?
Further comparison of Two Cities London and Melbourne....
A house very close to me, will probably fetch Aud 520,000 I would guess, definitely over 500,000 as the place has been swarming with people.
http://www.realestate.com.au/cgi-bin...&tm=1193129733
2 bedrooms, on a very small block.
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A house very close to me, will probably fetch Aud 520,000 I would guess, definitely over 500,000 as the place has been swarming with people.
http://www.realestate.com.au/cgi-bin...&tm=1193129733
2 bedrooms, on a very small block.
[/url]
The house in melbourne, whats happening down there
sounds like everthing goes about 15 - 20% over the asking price, and look at the house, tiny!! and the neighbours house is almost on top of it Knew from the FIL that was going on, but is it every area down there?
Mind you its not much better up here, we just bought a very run down house in a old beachy area, bit of a punt really, having seen the now crazy prices on the Gold and Sunshine coasts, last night looked at the area on the net and almost identical house, on same size block but with lots of traffic right outside is listed at $115,000 more than we paid, had to check it, drove down had a look as I couldnt believe the price diff but nope its not an error.
Oct 23rd 2007, 10:39 am
#78
Forum Regular
Joined: Aug 2007
Posts: 37
Re: Housing how much ?
can you tell me what other costs i would have to pay
if i bought a house in melbourne for aud 300,000
and had a mortgage for about 150,000
thanx
if i bought a house in melbourne for aud 300,000
and had a mortgage for about 150,000
thanx
Oct 23rd 2007, 12:57 pm
#79
Lost in BE Cyberspace
Thread Starter
Joined: Feb 2005
Posts: 15,526
Re: Housing how much ?
The Forest Hill property you've shown is in a place just outside of Oxford. http://www.findaproperty.com/mappopu...t=0&pid=725647
My experience on a recent trip to the UK is that you're looking at twice the price for a comparative area.
My experience on a recent trip to the UK is that you're looking at twice the price for a comparative area.
I thought it was too good to be true, and strange that I couldnt recall what part it was in LOL. I thought it may have been in a mews type place across the road from Hornimans museum.
It came up at first as SE23, still there are quite a few at 300,000 quid, but no where as good as that one
They start to become acceptable at this point....
http://www.findaproperty.com/display...&agentid=05350
Last edited by ozzieeagle; Oct 23rd 2007 at 1:17 pm.
Oct 23rd 2007, 1:03 pm
#80
Lost in BE Cyberspace
Thread Starter
Joined: Feb 2005
Posts: 15,526
Re: Housing how much ?
The house in melbourne, whats happening down there sounds like everthing goes about 15 - 20% over the asking price, and look at the house, tiny!! and the neighbours house is almost on top of it
Knew from the FIL that was going on, but is it every area down there?
Mind you its not much better up here, we just bought a very run down house in a old beachy area, bit of a punt really, having seen the now crazy prices on the Gold and Sunshine coasts, last night looked at the area on the net and almost identical house, on same size block but with lots of traffic right outside is listed at $115,000 more than we paid, had to check it, drove down had a look as I couldnt believe the price diff but nope its not an error.
sounds like everthing goes about 15 - 20% over the asking price, and look at the house, tiny!! and the neighbours house is almost on top of it Knew from the FIL that was going on, but is it every area down there?
Mind you its not much better up here, we just bought a very run down house in a old beachy area, bit of a punt really, having seen the now crazy prices on the Gold and Sunshine coasts, last night looked at the area on the net and almost identical house, on same size block but with lots of traffic right outside is listed at $115,000 more than we paid, had to check it, drove down had a look as I couldnt believe the price diff but nope its not an error.
Oct 23rd 2007, 1:08 pm
#81
Account Closed
Joined: Jun 2005
Posts: 9,316
Re: Housing how much ?
I thought it was too good to be true, and strange that I couldnt recall what part it was in LOL. I thought it may have been in a mews type place across the road from Hornimans museum.
It came up at first as SE23, still there are quite a few at 300,000 quid, but no where as good as that one
It came up at first as SE23, still there are quite a few at 300,000 quid, but no where as good as that one
Oct 23rd 2007, 3:57 pm
#82
Unspoilt by progress.....
Joined: May 2007
Location: Redcliffe, nr Brisbane
Posts: 320
Re: Housing how much ?
Just curious, as to how much people expect to or did indeed pay for their house in Aussie. I should imagine if people move from London for instance housing in Australia would seem very cheap, hence they would probably pay a lot more than say someone from Middlesborough. Thats only an assumption and based on presumed equity.
Surely how much a house costs would be the number one factor, after availablity of work and affordability are taken into account.
Above prices are in Aud of course.
Surely how much a house costs would be the number one factor, after availablity of work and affordability are taken into account.
Above prices are in Aud of course.
