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Tag: Sydney property prices

Sydney auction adventures with Mr Tradie Lotto and some auction advice !

After spending most of my twenties day dreaming about a beautiful federation style dream home somewhere in Sydney’s inner suburbs, then acquiring a first investment unit around 5 years ago, and the last 12 months of 2015 watching house prices climb ever higher, by early 2016 what was “just out of reach” became completely out of reach (aka impossible) – a house within the 10 kms from the CBD.

My brother and I have spent hours talking about it over the years, and even if we’d done something together on our “good” salaries five years back there was very little we could afford to buy that didn’t need major, major work close to the CBD.

Fast forward to February 2016 when I was working from home one day and perusing the real estate websites aimlessly when a little 1960s brick veneer home caught my eye.  Wookie and I had been debating options for awhile – move into each other’s rental properties? Move to a new rental? Try to buy something?

Affordable Auburn – where you can still get cute, quaint, character homes in Sydney for well under $1M

For first home buyers in Sydney there’s not much housing under $1M that isn’t out in the sticks, (unless you want a dog box apartment and it’s at least 10kms out of the city).

And if you listen to the Sydney Morning Herald you would think the ONLY options are places like Mount Druitt (45kms from the CBD) or Campbelltown (50 kms out) 0r the Hills  (if you have money 😉 and want a McMansion).

I’m fed up with the tunnel vision and here to tell you it’s simply not true.  If you boot up their Domain app or check out rival realestate.com.au there’s plenty of units, town houses, semis and actual FREE STANDING HOUSES (on land!) that sit comfortably within suburbs the SMH terms “middle-ring” available in 2017 for way less than a million bucks.

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