rabble_rouser

Ah Australia. Great place for a holiday. But to live, a bit of a huge shit hole if Im honest. Expensive, overated, disgusting climate, bland scenery, banal culture, Melbourne.

I've heard Oz was good once but those days are long gone. This is the thing. I could overlook all of the above if the place was affordable, but $1.5m for a beach shack 2hrs north of sydney? Whats the point?

The only good thing remaining here is empty space. At least theres lots of that left, pity it couldn't be shipped back to the UK.

Brisbane will be an experience, I also recomend visiting Towoomba since you'll be in the area. The first year will be great as you will find every reason to justify the move, enjoy this time. Your second year denial will creep in but you may just cling on. The third year you'll then either openly admit what a shithole the place truly is or go the other way and become defensive about it.

Your choice. Enjoy!
.

Beoz

I think I recall your posts. You had a problem making enough money to live to what your expectations demanded?

So in short you failed to make a go of it unlike hundreds of thousands of Brits have before you.

Beoz

The exploitation (and I wouldn't even call it that) I saw occurred in the 90's and 2000's for many eastern Europeans. Professional companies would hire via a visa process, the Eastern European would accept a job on a very low salary, doing the exchange rate calcs it seemed a decent salary compared to what they would earn in Eastern Europe, but once they had to pay London rent, buying the essentials became a stretch. The eastern European should have done their research, but the lure of a "better life" often brings a rude shock.

Amazulu

Agree, Sydney and Brisbane (most of NSW and Queensland actually) are shitholes - and only a total f**kwit would spend '$1.5m for a beach shack 2hrs north of Sydney'. Apart from that it's mostly top notch

Enjoy your life wherever you're moving to seeing as you don't like it here - life's too short to live it unhappily

Anyhoo, I'm off to hone my defensive writing skills

Beoz

I disagree. If you have $1.5 mil to spend on a beach house 2 hours north of Syd and thats the market rate why not? Sydney doesn't suffer the boom to bust property market of Perth so you are guarrenteed to make your money back. And they aren't those boring, desert meets sea type beaches of WA.

rabble_rouser

You mean, only every boomer thinks their shack is worth that and more to live on the Central Coast drug den.
I can forgive a hell of a lot if its priced right - Australia ain't! The whole east coast is a massive dump, and it shits me that it is as expensive as it is.

Amazulu

Don't sweat it champ, if you're not in the market for a $1.5m beach shack (maybe you are, dunno) then don't worry about it. Let those who want to be that market party on with that and you concentrate on what you want in life. If I had $1.5m to drop on a beach property, it wouldn't be on the East Coast of Australia that's for sure!

Agree that the much of the East coast is a massive dump but not all of it - there's a few nice places too - albeit few and far between

Amazulu

I disagree but each to their own. I think you'll find that beach front property is not really subject to the boom bust of the average property market anywhere in Australia - and pretty much the same all over the Western world. I refuse to debate property prices on BE (said too much already) as it's pointless and is just opinion (assholes, everyone's got one etc), so this is the last you'll hear from me on the subject

WA has some truly awesome beaches and I don't give a f**k what's behind them land wise. All I want to do is to be able to drive on them, relax and have some fun. All the rest is details

Beoz

The market doesn't lie. Just because you think it should be in your price range and your competition can afford more, makes it very unlikely to make it a dump, in fact it's probably the total opposite.

Often people who resent something out of their reach talk it down to convince themselves it's not all that bad.

The central coast has some beautiful beach side suburbs.

Maybe your idea of dumpy is different to mine.

Here's a few pics of the central coast drug den.
https://www.pearl-beach.com/gallery1.html

the troubadour

No such thing as guarantees in property. With the long awaited curtailing of immigration, or vibrants as you prefer to call them, the demands on Sydney real estate should show signs of improvement. By that I mean becoming more realistic in downward movements. No point having an inflated, artificial housing market, that has gone way, way above the affordability of most Sydneysiders, or a life in debt to money lenders to pay for over priced real estate, that will likely correct long before mortgage is paid out anyway.
True though The West will never amount to much as long as it lives by the casino economy of mineral demand and overseas pricing. I'm afraid WA, is for most purposes like the soil found here. Very shallow, with constant feralization required to enable much worthwhile to grow.
The standard of housing a rather poor quality as well considering the price tag on many, in locations worth consideration.
Those cheaper areas are usually cheaper for a reason.

Beoz

According to Amazulu beach houses anywhere don't lose value.

However I am not really into a short term crystal balls. At the end of the day, like you, RabbleRouser was having a moan because he couldn't afford to buy a house on a beach - the difference is you moan about Perth, he/she moans about the Central Coast.

Agreed. Brisbane?

the troubadour

What are you inferring the market doesn't lie? The housing/real estate/mortgage/financial are calling the shots with undue influence over government and an area totally manipulated with self interest. For example the influencing of government to subsidise the construction industry. Looks like another tax payer payout about to be unleashed in support of this mob.
The resentment comes from such policy further artificially increasing prices putting them out of reach or greater debt to pay for something up to fifty per cent over priced. Hence the price desired for 'your 'beach shack' will be what the market considers it may be able to get 'away with' rather than any actual value remotely connected to 'true value'

the troubadour

OK. I suppose the Central Coast would hold a price tag, being close in local terms to the nation's main city Sydney. But even in WA, coastal towns with houses close to beach are hardly 'cheap'. By close I refer to walking distance and have been looking
at the market 'Down South' over past few years but prices don't appear to have 'corrected' to the point I would claim value for money. I know there are such places in areas like Mandurah but I wouldn't touch with a barge poll. Same
way 'Opp North', outer Perth suburbs, best left for British incomers who seem to find some sort of value there.

It is not that I cannot afford a house in these areas, far from it. Just not so stupid as to overpay to pay someone's retirement, or a hefty undeserved 'bonus' to a real estate agent or a developer. Especially knowing what I could purchase for far less money ,
in certain European jurisdictions. Although at this stage probably be more inclined to rent and spend my money living 'the good life', than tied up in unproductive bricks and mortar.

the troubadour

Hardly fair to say most of the East Coast is a dump now is it? Most the West Coast, outside of a few places of note would fit that label as well. it could be for a host of reasons of course. But over priced real estate has become a big factor in Australia, for sure. But hardly
the only negative. Anti social behaviour a big one. Especially the rapid spread of drugs (meth/ice) is playing a very high price on society and far from only 'less salubrious burbs'

Beoz

I must admit, I feel a little nervous when walking the streets of Perth CBD at night. There seems to be an element of riff raff you don't seem to get in other cities in Australia. The Hay St, William Street zone seemed to be particularly bad back in March.