Techno Freak

Following on from the wages thread, how about an house price thread to help out prospective migrants? Lets say for houses bought within the last six months?

Based on something like the following:-

City
Town / suburb
Brief description of house & plot
Purchase Date
Purchase Price
Associated fees, ( legal, stamp duty etc )
Current valuation

A photo would be good as well.

Just though it may give folk, ( alright - me ), a better appreciation of exactly what kind of housing is available for your money.

Thanks.

Suni&Jay

Try http://realestate.com.au

Techno Freak

Been on there thanks. Trouble is, a lot of the houses go under auction and you don't know what the actual selling price ends up of the others. Also, it's easy to pick out cheap, nice looking houses on the net but you have no idea about the area etc.

I just thought it would be better to hear direct from people that have recently bought houses, to get a better idea of what is about.

Luma

All the houses we looked at in Woodvale and Duncraig (which are in Perth) had offers over the asking price. We paid 2% over the asking price for our house in Duncraig.

geordie mandy

Very good point, i see wonderful houses email them to family in oz and they laugh as usually, it is in the middle of no where

Mandy

Amazulu

Perth
Kalamunda, Perth Hills
4x2 double story in need of some renovation on 2500sqM
December 2005
$510000
About $20000
$625000+

spottydog

On realeastate go to a property you like then within there there is a link to sold properties in the area of which some will have sold prices and sold range.

We paid $577,000 for a 4 bed detached house on 600m2 in Bonnet Bay, Sutherland Shire, Sydney completing about 2 months ago. Total costs including reduced price stamp duty around $20k. I doubt if our property has gone up in price at all.

joeyballantyne

good shout. always worth checking out auctions from recent experience as there are many investors who if they cant get the market price will still make heaps of money. house prices on the coast have rocketed in the last 3 years apparently the knock on effect being the market slows down, but property is still selling well as more and more people look to move here e.g

caloundra, sunshine coast qld
pelican waters
4 bed + study + pool
approx 900sq
target price around 600,000
went to auction, friends got it for 460,000

pelican waters
4 bed
approx 750sq
target price around 420
bought at auction for 369,000

realestate.com usually carries the market price but we know so many cases where negotiation/haggling has paid off big time!

Hels

Bendigo, Victoria (about 1 1/2 hrs from Melbourne CBD)
3x2 with 2 living areas, fully renovated 50's weatherboard with large double garage
Bought Sept 05
Advertised for $240k - $260k
We paid $250k
Fees etc came to about $13k
Recent valuation $260k

Hilton`s

4 Bedroomed house, dlug, 800sq metre block, 4 years old, Pacific Pines on the Gold Coast bought last Nov 85 - paid $383,000.

Sorry can`t remember what fees were.

Tracey x

Techno Freak

Great stuff people - keep em' coming!

I must say, it is very re-assuring to here people say things like "the market has cooled off". It gives us all hope that we can still afford a house over there in the next twelve months.

I just have this awful sense of foreboding that the prices are going to go through the roof whilst we wait for DIMIA to get there fingers out and give us that bloody visa!

ozzieeagle

Yes but hotspots develop, and vice versa, and the trends as seen by local people in the Area could well help point this out.

Reports in our local media are saying that there are now more people defaulting on home loans in Melbourne, than there have been for the past 20 years. The areas affected are the outer surburban ones apparently.

For instance the Inner North of Melbourne, is still showing a steady increase in house prices. Whereas I know for a absoulute fact that Craigeburn, where there is a Plethora of Large and very new houses expirencing a very difficult time for sellers. Therefore there seems to be some serious bargins for large completed homes which would cost 800K to 1,000,000 in some areas could cost as little as just over 600,000 in Craigeburn...... Craigeburn is less than 30k's from the CBD. I'm talking about 50-60 square homes, 5 bedroom 3 bathroom homes here. It's the Default Mortgage epicentre of the North at present.



I'll post some examples later.

BadgeIsBack

1/3M $ paid

1 acre in an established 'acreage' location(most houses are on 2-5 acres, 1 block of 1/4 acre builds)

2.5km/2.5 minutes on tree-lined avenue from milkbar, hardware, CFA, supermarket, steak restaurant(s) with views all around.
3.5km from Primary school and pub with vineyard
Minutes from bridleways, reserves, vallies, views, bike/walk trails totalling tens,if not hundreds of k, scout camp.

10mins from railway stn (down the hill)
13mins from Berwick and cafes etc etc more restaurants
25mins from large shopping centre (which we try to avoid)

3x2 with large deck and pergola, large pool, shed; plenty of space to expand
Single garage, but space for 5-6 out front on gravel.

Worth 370+ with a bit more reno.
Fees 20k?!

Techno Freak

That sounds right up my street - want to sell?

northernbird

Connolly in Perth
4x2, double garage on 760sqm lot, pool, spa, formal lounge and dining, fam room, laundry, ducted r/c aircon, lovely outdoor area
bought May 2006
From $545,000, paid $550,000 - 2 other offers on table
$23,400 stamp duty, Probably another $2500 solicitors mortgage costs etc.
Doubt its gone up in 2 months