888k? My Chinese sense is tingling. Sounds exactly like what my superstitious aunties and uncles would do lmao
norty125 on
Not going to bother to check but I would say the land can fit 2-3 houses
willcritchlow23 on
It’s about land value for Samford road.
Being a busy road and all that.
Perhaps around 1.1 off the busy road.
A 750k build on that, could fetch 1.6 million to be 1.7 million.
It’s no screaming bargain that’s for sure.
DawgreenAgain on
Block price not structure price .
DD32 on
Eh lucky number… That seems like an investment.
However, properties around it are 1-1.2mil, new build in a few years and they have a 1.5+mil property.. (or probably two 1+mil properties due to dual road access)
At least it sold under the asking price of $899k
Jazilc on
Every time i see a property sale post another part of my soul is crushed
megs_in_space on
This is fucked
hurric4n5 on
Its land value. House is irrelevant as it will be knocked down immediately. If you think thats a lot for land wait till you see how much the builder sells it for in a year!
Signal-Treacle-5512 on
You realise a house is just a fixture on land? It improves it. You can settle down.
Surv1v3dTh3F1r3Dr1ll on
Likely the land value alone. They might potentially sub divide it and build townhouses on it tbh.
Unless you can live with the idea of moving to Mount Isa though, affordable housing is not really a thing here anymore.
Richie217 on
Good to see that Platinum Partner Haydn (fuck me Jesus wept) Denovan, of Denovans Real Estate final got a shot.
Consistent-Dog8537 on
The coming Olympics are causing Brisbane prices to go nuts.
Me? I would forget about buying in Brisbane until 2033!
Claris-chang on
Oh man, I’ve driven past this crap shack hundreds of times and always wondered what the inside looked like. Glad to see the inside is as fancy as the facade.
jedi_dancing on
Can’t say I’d love to live on Samford Rd, but it’s near the schools and the park, walking distance to Blackwood St, definitely that’s the value of the land minus demolition price. I looked at buying in Mitchelton for about 5 mins then realised 3km further out was so much cheaper I couldn’t even consider it.
16 Comments
888k? My Chinese sense is tingling. Sounds exactly like what my superstitious aunties and uncles would do lmao
Not going to bother to check but I would say the land can fit 2-3 houses
It’s about land value for Samford road.
Being a busy road and all that.
Perhaps around 1.1 off the busy road.
A 750k build on that, could fetch 1.6 million to be 1.7 million.
It’s no screaming bargain that’s for sure.
Block price not structure price .
Eh lucky number… That seems like an investment.
However, properties around it are 1-1.2mil, new build in a few years and they have a 1.5+mil property.. (or probably two 1+mil properties due to dual road access)
At least it sold under the asking price of $899k
Every time i see a property sale post another part of my soul is crushed
This is fucked
Its land value. House is irrelevant as it will be knocked down immediately. If you think thats a lot for land wait till you see how much the builder sells it for in a year!
You realise a house is just a fixture on land? It improves it. You can settle down.
Likely the land value alone. They might potentially sub divide it and build townhouses on it tbh.
Unless you can live with the idea of moving to Mount Isa though, affordable housing is not really a thing here anymore.
Good to see that Platinum Partner Haydn (fuck me Jesus wept) Denovan, of Denovans Real Estate final got a shot.
The coming Olympics are causing Brisbane prices to go nuts.
Me? I would forget about buying in Brisbane until 2033!
Oh man, I’ve driven past this crap shack hundreds of times and always wondered what the inside looked like. Glad to see the inside is as fancy as the facade.
Can’t say I’d love to live on Samford Rd, but it’s near the schools and the park, walking distance to Blackwood St, definitely that’s the value of the land minus demolition price. I looked at buying in Mitchelton for about 5 mins then realised 3km further out was so much cheaper I couldn’t even consider it.
this’d be worth like $1000 a few decades ago
It’s been cooked for years!