as an over average wage earner with fk-all debt, banks will lend me $300K ....... if I am lucky I can get a dogbox in the Bronx with needles on the front lawn. Thanks very much mining boom.

My heart bleeds for one who can't sell at $700K after getting over committed.

Nice house, good luck with the sale but from the photos it looks like the lawn has fungus. No point in having a nice house if the lawn is ****.

Should honestly be a criminal offence to have a bad lawn.

Sailhack said..

Nice looking pad, but I'm guessing that with only 1 bathroom and no lockable garage...near twice the median price for the area - it hasn't quite got the bang that the buyers are looking for?

Very nice detail though - I hope you get a buyer soon.

unfortunately I agree with Sailhack

Hamburglar - I wanted more exposure - I'm giving away $2,000 not your average buy/sell ad.

Sailhack - Median price not overly helpful - water proximity drives prices. Competing pricewise with those along the waterfront, with smaller view but 3 houses back, just far enough to miss the traffic, walkers, and packs of cyclists. Means you can enjoy brekky in your PJs without constant gawkers.

Mark - don't need your heart to bleed, just want to find a buyer and I'm trying to think laterally. I have worked my way up from a 300k dogbox, mostly due to double income and 2 hard workers renovating/improving instead of sitting on the couch. Thankfully I bought in halfway thru the property price boom and didn't miss it entirely.

Yep you're right, it's worth what someone will pay. I'm not crying about losing money because the place I purchased was a similar story. So long as you buy and sell in the same market then you're fine in the long run.

Average time on market is 160-180 days in Brighton right now. I'm just trying an experiment to see if I can speed it up. Depending on you lot's reaction I might take it to readit, whingepool, facespace, etc.

choco said..

you may find this is illegal( In sa anyway), unless you're a registered Real Estate Agent you cannot sell someones house on their behalf

Choco,
Nothing illegal in Queensland giving someone a spotter fees - in fact it is quite common in the RE industry where soemone introduces a potential buyer to an agent and the agent gives then a small % of the commission if a sale takes place.

PS - what have you been up to? No wind down your way.

No not rude Sailhack and your post above is food for thought.

I've been tempted to do a quick & dirty reno downstairs to finish - get a builder to wack into it, convert laundry (already has toilet) into larger 2nd bathroom plus laundry, create a new bedroom or two (wouldn't be legal height though) and finish it all nicely.

Could be done for 30k I reckon as a minimum.

Then I would need to make that back again just to break even.

So far I'm leaning towards finding that buyer who wants to do it themselves to their own configuration.

Your place looks great by the way, I like the design and colours.

Good point Ian and I agree with your comments re; over-developing our coastlines. The Vic coastline is heavily protected from development through planning controls. There's limited access to the coastline from where I live in both directions of over 50kms, where development won't be allowed so I guess my views on the subject are a bit biased as I think that there should be some form of sensible development allowed (although that opens it up for abuse by big developers, which has been proven in the past).

We're lucky to have an ocean view from our home, and regardless of how anyone spins it - there's nothing quite as calming as sitting in your own home or on your balcony & looking out to the ocean on a sunrise (or sunset for those in the West). Rural land owners get a similar buzz from their rural views, and I've been to many homes with mountain views that just give you an amazing sense of calm (I've also experienced a combination of all 3 & they are views to drool over!). I haven't lived in high-density 'suburbia', but have lived in urban areas where I get a constant feeling of claustrophobia.

Funnily enough - we bought our home without an ocean view in mind. It sold us on the fact that there is a large lawn area across the road that we could wander across to & relax (also provides a relaxing aspect from our living area). Our next-door neighbour (elderly couple that sold us the house) when asked why they kept their house (set back on the block & without view) and not swapped over stated "If I want to look at the ocean, I go for a walk across the road - why would I want to see it from my house?!"

Sailhack said..

Funnily enough - we bought our home without an ocean view in mind. It sold us on the fact that there is a large lawn area across the road that we could wander across to & relax (also provides a relaxing aspect from our living area). Our next-door neighbour (elderly couple that sold us the house) when asked why they kept their house (set back on the block & without view) and not swapped over stated "If I want to look at the ocean, I go for a walk across the road - why would I want to see it from my house?!"

I had an elderly aunt who had magnificent views of the ocean off of Kiama in NSW, and from another room she had a view of the local park. She preferred the park by far as living with views of the ocean for so long was so boring that at least the park had some activity!

She could never understand why people would pay good money to see a boring view of the ocean.

buy some spray cans and put some art on the front fence...
just kidding, good luck with it. hope you find someone soon

FormulaNova said...

Sailhack said..

Funnily enough - we bought our home without an ocean view in mind. It sold us on the fact that there is a large lawn area across the road that we could wander across to & relax (also provides a relaxing aspect from our living area). Our next-door neighbour (elderly couple that sold us the house) when asked why they kept their house (set back on the block & without view) and not swapped over stated "If I want to look at the ocean, I go for a walk across the road - why would I want to see it from my house?!"

I had an elderly aunt who had magnificent views of the ocean off of Kiama in NSW, and from another room she had a view of the local park. She preferred the park by far as living with views of the ocean for so long was so boring that at least the park had some activity!

She could never understand why people would pay good money to see a boring view of the ocean.

I have a theory. It's a relic instinct. We are an ape from the savanna. Our ancestors could only afford to relax when we could see the "all clear" horizon to horizon. The forest was not a place for the feint hearted. Only entered when hunting for protein. But one had to be on full alert, the hunter could become the hunted. A panoramic beach view was good. Reduces the chance of the neighbouring tribe arriving unseen in a dugout canoe, taking off with the women and children and your head on a stick.

There's now too many people on the planet for us all to live in a clearing. The earth's population has doubled since I was was a boy. Re-adjust your instinctive comfort zone to 2013, replace that ocean view with a couple of banksias in the front yard, learn to relax with the black cockatoos.

You maybe better off getting yourself a real estate agent who knows how to sell ice to the eskimos and save your 2k.

Thanks Rattlehead. This is how it looked 2 1/2 years ago. Been a fair bit of work in that time.