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Inmate Central Inmate Central, where civil and family-friendly discourse about off-audio topics (other than religion and politics) is welcome. |
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In Reply to: House prices here just continue to amaze me. posted by grantv on May 2, 2007 at 12:28:20:
....Prices at the very top of town are still growing strong as is the very arse-end of the market. Everywhere in between top & bottom is rather flat except in some specific pockets around the country where the market is still strong.In January this year an adjoining block of land (no house on it) about 20% bigger than the one in your link was sold for $375,000. The block is serviced by Electricity only – no water, no sewerage, no phone. The house being built on it I estimate will cost at least $275,000. The cost to the owner to provide water storage, approved septic system & phone will be about $25,000.
The house adjoining the new one being built is a better house, better block & has better views was offered to me about six years ago for $130,000. Needless to say I didn’t buy it. Comparable homes in the closest town are four times the price.
You need to speculate to accumulate.
Smile
Sox
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- Prices in Australia are all over the shop……. - three_sox 17:29:47 05/02/07 (0)
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