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HAMISH_MCTAVISH wrote: »

but cheap property aint one of them.;)

Spent all day googling mate:D, to me, $300k for a 3-4 bed house near the river in the area I would want to live, is in my eyes cheap, if you think differently, fair enough.

Thrugelmir

HAMISH_MCTAVISH wrote: »

As someone that has lived in Australia for a couple of years, that has family there, and that intends to retire there, I can assure you Australia has many good points, but cheap property aint one of them.;)

This article sounds like parts of the UK at the moment.

Drop suburb snobbery, Sydney told

http://www.smh.com.au/national/drop-suburb-snobbery-sydney-told-20090725-dwv3.html

For City prices not bad......:rolleyes:

HAMISH_MCTAVISH

Thrugelmir wrote: »

This article sounds like parts of the UK at the moment.




http://www.smh.com.au/national/drop-suburb-snobbery-sydney-told-20090725-dwv3.html

For City prices not bad......:rolleyes:

Hmmm, not bad compared to nice inner city suburbs such as vaucleuse where a semi will cost upwards of a million, but those western sydney suburbs are their equivilent to living in the less attractive parts of Luton...;)

Theres a reason Sydney folks have suburb snobbery......

martin8_2

I'm a FTB and even in light of what "appears" to be happening atm I think I'll just sit tight and wait for now...

Generali

HAMISH_MCTAVISH wrote: »

Hmmm, not bad compared to nice inner city suburbs such as vaucleuse where a semi will cost upwards of a million, but those western sydney suburbs are their equivilent to living in the less attractive parts of Luton...;)

Theres a reason Sydney folks have suburb snobbery......

The main problem with living in the West is that the climate isn't as good as the East. It gets hotter in summer and colder in winter.

There is plenty of value to be had out of Sydney housing - places like Gladesville, Ryde etc are pretty cheap, are good areas and are nice and central. The Shire also has some nice cheap places and has some really good suburbs.

It isn't really reasonable to compare Vaucluse with anything other than the most expensive parts of London - it certainly isn't typical of Sydney (although it is very nice).

I just got back from the ACT and there is plenty of reasonably priced housing there. For example, Bungendore in NSW is a 30 minute commute to Canberra and you can find plenty of 3 and 4 bed houses on big blocks for less than $400,000.

IveSeenTheLight

the_ash_and_the_oak wrote: »

kinda feeling the value/worth is what it sells for tbh. if there is no buyer at stated value then stated value is incorrect

agree. that's that i've been saying all along.

i just didn't agree the valuation was therefore what the buyer / lender could afford.

until there is an agreement of sale there is just a difference of valuation

HAMISH_MCTAVISH

Generali wrote: »

I just got back from the ACT and there is plenty of reasonably priced housing there. For example, Bungendore in NSW is a 30 minute commute to Canberra and you can find plenty of 3 and 4 bed houses on big blocks for less than $400,000.

I confess to being a big fan of Canberra. I like the place a lot, and yes, it is much cheaper than Sydney/Melbourne. Plus it benefits from not having the appalling traffic and sprawl, and still has a bit of a small town feel, at least, when Parliament isn't sitting anyway. But on the downside, wages are much lower than Syd/Mel too. And it always seems just a bit in the middle of nowhere.....

Generali

HAMISH_MCTAVISH wrote: »

I confess to being a big fan of Canberra. I like the place a lot, and yes, it is much cheaper than Sydney/Melbourne. Plus it benefits from not having the appalling traffic and sprawl, and still has a bit of a small town feel, at least, when Parliament isn't sitting anyway. But on the downside, wages are much lower than Syd/Mel too. And it always seems just a bit in the middle of nowhere.....

I like Canberra and don't really understand why Aussies are so down on the place.

I agree about the wages for tradies/clerical but I think for professionals the wages are only about 5-10% less than Sydney and the cost of living is significantly lower.

I agree about the middle of nowhere thing. Then you're only a little over an hour from the Ocean (quicker than from Penrith or Blacktown) and close to the snow fields too.

It's a great place for cycling which is good for me.