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Update – The Sydney property market furnace, could be just a sham. Agents blatantly talking up the price. The agent was quoting mid-$800ks. OMG.  I am updating my earlier comment. Would you want to buy it? Would you be mad to think it is worth that?

Take out the furniture that they hope to increase the price with and you get a very cute character house. No outdoor garden, but perfect for a single/couple. Change the upper room to an extra lounge and hello.  Damn this market.

But, just for some price point, this place sold earlier in the year at $781k, but it has a land size of 95msq. Compared to the place we are looking at now of 65sqm. Mmmmm.
What do you think?

And just for another point of view, this fully renovated cottage  (also here) around the block sold for $860k and it is 57sqm.

  

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I am quite liking this apartment, as it is on the top floor, north facing and has a good floorplan. Also, there are a lot of facilities in this block, which, though expensive (strata fees are around $1400), I think if you use them, they would ultimately be beneficial. Good investment no? I think they are asking around $720k. Worth it? Check this link for rent comparisons. Oh and here is a similar unit’s price history.

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