Hi all,
What is the “craziest”[shocked] price you have ever heard anyone ask or pay for a property????? And why did you consider it too much or too little?????
Cheers,
Jo
Big prop near the coast with residence, 6 horses, a mule and a dozen chickens.
$20,000. BARGAIN
…oh, it’s in Bolivia.
Didn’t buy cause it’s in Bolivia.[dozey]
lifexperience
Hi Monolopy,
$18 000 for a decent apartment, in Seaford Vic, about 5 years ago now, don’t know the specifics on the place, but it wasn’t like one’s you’d see on A Current Affair.
This price to get rid of it only, no one wanted it so the owner kept dropping till someone did!
Seaford unit medium at Dec 31, 2003- $194 000
[weird]
G7Hi G7,
Thanks for that…Seaford is lovely; I was looking at house there just this past weekend, priced at 240,000. WOW…..$18,000; not anymore!!!
Jo
$5 acre for prime land overlooking Crested Butte [ski resort] in Colorado.
The land is owned by the US Government who are in the process of selling a number of acres to a mining company.
The mining company found a legal statute which allows them to acquire the land for what it was valued at in the mid 1800’s.
— Michael
Originally posted by Michael R:
$5 acre for prime land overlooking Crested Butte [ski resort] in Colorado.The land is owned by the US Government who are in the process of selling a number of acres to a mining company.
The mining company found a legal statute which allows them to acquire the land for what it was valued at in the mid 1800’s.
— Michael
Mining company will certainly be cheering that one![buz2]
Cheers
MelA property in Blair Athol, Adelaide I was recently looking at, would have been worth around $200-220k tops.. the agent told me the buyer had a reserve of high $200’s-$300k. I laughed at the auction when it wouldn’t even get a starting bid.. (unless you count vendor bids). I laughed even harder when the agent told me the vendor was from Sydney and had bought it for $370k a year earlier… he didn’t do his research and got duped. Poor guy/girl.
Hi Newgen,
Yep, guess we’ll be seeing alot more of that around at the moment; auction clearance rates are down, well in Melbourne anyway!!!. I’ve been to a few auctions of late, that have gotten a single bid (apart from the vendors bids that is). As for that poor owner of the place in Adelaide, yes well……definitely didn’t do his/her homework [bawl]
Jo
Lowest price in Aust..$12K house and land….Overpriced
No tenants in the area apart from 2 kangaroos and a donkey
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorA beachfront house that was falling apart, listed by an international real estate agent in Vincentia 1997 asked for $950,000 for what was worth 300,000 then, with a lot of imagination.
They did sell it for $700,000 … 6 years later.May God prosper you always.[biggrin]
MarcA 2 bedroom flat in Port Galsgow Scotland last week for $20K, rent out at $150 per week.
Downside agent said he didn’t like going there as the entrance to the flat is popular with junkies, rent assessment is for welfare tennant no bond no advance payment, plenty of local landlords willing to take this risk on, not so sure for a foreign landlord and not for me.
Property cost $40,0000 1980 sold 1984 $96,000 in brisbane.
DOM (formoly DAAJ)Originally posted by SALACIOUS:Property cost $40,0000 1980 sold 1984 $96,000 in brisbane.
DOM (formoly DAAJ)Well done!!!!! And it was all CGT free too (being prior to 1985)[specool]
Jo
Queenstown, New Zealand, 4800 sqm land purchased in 1986 for $12,000 – recent private sale $3.6 million.
— Michael
Dom- You keep on changing ID’s ??
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator
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