Australia housing bubble

[Pis-ton broke]

Originally Posted by guzzis3

The humidity is terrible at my place, but brisbane is actually cooler than sydney in summer (and warmer in winter). I spent years looking for somewhere to move. Looked all along the nsw coast, considered victoria (not melbourne, has the worst weather in the country as well as all the other problems) and looked seriously at NZ.

I concluded the gold coast hinterland is the place. Relatively cheap and one of teh most mild places in qld. Stanthorpe etc do get cold in winter but summer temps are really manageable on the GC in summer.

The problem of course is work. Some people can find work on the coast, lots don't and commute to brisbane on THAT road. Hence a lot of GC residents are retired and it all keeps prices down. I wouldn't live on the coast, it's a vice and bogan riddled slum with a few nice spots thrown in, but the hinterland is off radar and you could probably live nicely there. It's also a couple of degrees colder all year round.

People want too much for land up there atm but if I see the right block well priced I'll jump, build and settle. It will be my last home so it has to be right.

what about port macquire? i have a friend there. and every time i visit, i,m walking around in stubbies and thongs.

[guzzis3]

Originally Posted by Pis-ton broke

what about port macquire? i have a friend there. and every time i visit, i,m walking around in stubbies and thongs.

I looked. The weather isn't much better than the GC hinterland. Unless you are right on the coast it gets hot as...

Port is surprisingly expensive although because of all the olds health care is no problem.

Western suburbs of Sydney:

I grew up in condell park. There is a huge cluster from my year on the central coast as you'd expect, but there is another on the GC.

Mm, Bankstown by the sea....

No one ever aspired to living in west sydney. You live there because you can't afford anything better. I came to brizzy in 96 with work because I knew as a single bloke I'd never be able to afford anything good in sydney, but there are reasons queensland is less expensive.

[roKWiz]

Originally Posted by guzzis3

I looked. The weather isn't much better than the GC hinterland. Unless you are right on the coast it gets hot as...

Port is surprisingly expensive although because of all the olds health care is no problem.

Western suburbs of Sydney:

I grew up in condell park. There is a huge cluster from my year on the central coast as you'd expect, but there is another on the GC.

Mm, Bankstown by the sea....

No one ever aspired to living in west sydney. You live there because you can't afford anything better. I came to brizzy in 96 with work because I knew as a single bloke I'd never be able to afford anything good in sydney, but there are reasons queensland is less expensive.

Coffs is a nice place, (In fact I should be there now) mild weather most of the time. I was going to base the boat there on the marina (cheap as chips) until half of it was destroyed in that freak storm a little while back.
In summer Urunga (20km south) on the coast can be 23 deg while up at Bellingen 25km inland it can be 38.

Got me thinking for Franco, how about a nice superyacht berthed in Docklands, water, electrics, wifi included,easy walk to casino, cafes aplenty and plenty of deck space onboard for the parties.

[smoo]

Franco, check out the south west WA.
From say Australind down towards Margaret River.
Good climate and lifestyle, nice beaches, cheap property, spread out population and it seems anything goes in WA.
Job market doesn’t appear as strong but there will always be work for someone with a trade and then there’s the fifo/dido work.
Oh, and it feels like Australia, not a mini Mumbai or Mogadishu.

[Franco Cozzo]

Originally Posted by roKWiz

Coffs is a nice place, (In fact I should be there now) mild weather most of the time. I was going to base the boat there on the marina (cheap as chips) until half of it was destroyed in that freak storm a little while back.
In summer Urunga (20km south) on the coast can be 23 deg while up at Bellingen 25km inland it can be 38.

Got me thinking for Franco, how about a nice superyacht berthed in Docklands, water, electrics, wifi included,easy walk to casino, cafes aplenty and plenty of deck space onboard for the parties.

Sounds awesome but unfortunately I'm Franco not Jeff Bezos

[guzzis3]

Originally Posted by roKWiz

Coffs is a nice place, (In fact I should be there now) mild weather most of the time. I was going to base the boat there on the marina (cheap as chips) until half of it was destroyed in that freak storm a little while back.
In summer Urunga (20km south) on the coast can be 23 deg while up at Bellingen 25km inland it can be 38.

Coffs has several micro climates, some mild some very hot, some just weird.

My ex's parents have a property at Fernbrook. You couldn't pay me to live at Bellingen, pretentious hippie sh*t hole. Dorrigo has better weather but it's a strange place.

But the mountains west of the goldie stay under the critical 30C through most of summer and are mild in winter. The Locals complain about the winter mornings but they are no colder than my place. When it gets bad I slip on my kmart trakkies and slippers, but that only happens maybe 7 - 10 days a year.

and an hour and a half I've got access to all my specialists in brizzy...

Got me thinking for Franco, how about a nice superyacht berthed in Docklands, water, electrics, wifi included,easy walk to casino, cafes aplenty and plenty of deck space onboard for the parties.

Room for Cav's bikini girls ?

[FTE217]

yep its all about the ca ching ! bloody councils allowing developments the last 15yrs is criminal.
Dick Smith called it Chinese ghettos and every major cap is going through it.
Our cities are changing for the worst - but who are we to protest, its falls on deaf ears.
An area I bought in 22yrs ago was a great pocket in Sydney, 15mins from the CBD, Homebush olympic site across the river and freeways within 10mins to go south west.
Ruined by developments.
The link I post was a 10min drive from my house, another similar development was built
https://www.abc.net.au/news/2019-03-.../10856398?nw=0
then another dev not far from my place introducing 10,000 more residents with the same infrastructure of the last 40yrs !
We signed petitions etcetc to no avail obviously.
What a bloody joke !
Told the Mrs's were out of here, sold up 3yrs ago, to an area I know no dev will occur near or around.

[MercuryT]

So as previous my hold settled real quick.

Not quite what I wanted but advice (not agent) was market will drop very soon.

Been busy packing.

My Daughters room the hardest as screwed over. See Marrital thread.

But I'm excited also for a new future.

[guzzis3]

Would Cav trade bikini girls for ferals ?

Actually he might....

[marty351]

Originally Posted by guzzis3

Would Cav trade bikini girls for ferals ?

Actually he might....

Cheap weed and homebrew. It's a win-win!

[zilo]

Some commentators are suggesting Tasmania will have the highest drop in house prices..no wonder...the price rises have been crazy...

Houses that were 150k 5 years ago are now 550k and still no jobs.

[Polyal]

Originally Posted by zilo

Some commentators are suggesting Tasmania will have the highest drop in house prices..no wonder...the price rises have been crazy...

Houses that were 150k 5 years ago are now 550k and still no jobs.

Yeap that has always been Tassies issue, would move there tomorrow if it had more industry/commerce.

[FTE217]

Originally Posted by Polyal

Yeap that has always been Tassies issue, would move there tomorrow if it had more industry/commerce.

Not a friggin chance with its winter temps.
Tassie been a sound performing investment for a couple of decades tbh.
Compare that $550k to what you get in Melb/Syd/ Bris even nowadays.
Briz medium house price near city June '19 avg $900kish ffs.

[zilo]

Originally Posted by FTE217

Not a friggin chance with its winter temps.
.

Please tell all your friends about how sheet it is in Tasmania.

It's freezing...trust me...best to stay away.

Worst part is that the place is run by angry middle aged menopausal, dry organed neck tattooed and pussy pierced fugly women.

There are no men in Tassie.

(and that is being kind)

[FTE217]

Originally Posted by zilo

Please tell all your friends about how sheet it is in Tasmania.

It's freezing...trust me...best to stay away.

Worst part is that the place is run by angry middle aged menopausal, dry organed neck tattooed and pussy pierced fugly women.

There are no men in Tassie.

(and that is being kind)

, there is no concerns of mass migration believe me, 2wk hol does me fine and my past business trips, you neglected mentioning greens, I'll never forget Bob Brown !
Gawd imagine the breeds to evolve in the future

[MercuryT]

Originally Posted by zilo

Some commentators are suggesting Tasmania will have the highest drop in house prices..no wonder...the price rises have been crazy...

Houses that were 150k 5 years ago are now 550k and still no jobs.

Hence why I bailed asap. (see previous page)

Was already considering it but then Covid hit and I was straight in and out.

It will drop, the question is how much and in what areas.

[guzzis3]

There are plenty of nice houses in brisbane for a lot less than that.

As for tasmania RE might be cheap but once you step away from the big box stores everything else is expensive. Do a total cost of living calc and it ain't pretty.

The few places I'd live down there are not cheap also. Port Sorrell and the north west are the good bits. Hobart is sh*t, Launceston is like Liverpool or Penrith only less sophisticated...Lots of damaged people. NZ, reigonal Victoria or bits of NSW are all better bets.

[roKWiz]

Originally Posted by guzzis3

As for tasmania RE might be cheap but once you step away from the big box stores everything else is expensive. Do a total cost of living calc and it ain't pretty.
.

And figure in the ferry costs if you are like me who work on the road.

[MercuryT]

Originally Posted by guzzis3

Hobart is sh*t,

For one of the most beautiful cities in Aust..............along with it being highly rated by various travel publications as best or close to places to visit in Australia, that is an interesting and potentially very misguided opinion.

[asagaai]

Originally Posted by MercuryT

For one of the most beautiful cities in Aust..............along with it being highly rated by various travel publications as best or close to places to visit in Australia, that is an interesting and potentially very misguided opinion.

Flame suit on here. The three most beautiful cities in Australia due to geographic beauty is Sydney (beaches, harbour,), Newcastle (beaches, Lake Macquarie) and Hobart (harbour/Mount Wellington).

The other cities are not in the race.

[Citroënbender]

I reckon natural amenity is one of those things people harp on about, but frequently don’t make much use of.

In Launceston I loved to stand on the brick fence beside the driveway and look across the river, towards Legana. The openness and fresh landscape was food for the soul. In Sydney I have found abundant walking tracks and reserves but most other users are taciturn - if not downright sullen - locals exercising their dogs, not people exploring the tendrils of a city’s green spaces.

[MercuryT]

Originally Posted by asagaai

Flame suit on here. The three most beautiful cities in Australia due to geographic beauty is Sydney (beaches, harbour,), Newcastle (beaches, Lake Macquarie) and Hobart (harbour/Mount Wellington).

The other cities are not in the race.

I'd swap Hobart (beaches excellent too....cold! lol) with Newcastle but happy to put Sydney on top - Eastern suburbs and harbour just sensational.

Agree nothing else comes close.

[zilo]

Originally Posted by MercuryT

I'd swap Hobart (beaches excellent too....cold! lol) with Newcastle but happy to put Sydney on top - Eastern suburbs and harbour just sensational.

Agree nothing else comes close.

Sydney on top?

If you are fond of open human sewers...(the smell gets me every time.)

And I just keep driving after fueling up....but good that Sydney-ites love the place....keep them confined keep them dumbed down I say...

[roKWiz]

Originally Posted by asagaai

Flame suit on here. The three most beautiful cities in Australia due to geographic beauty is Sydney (beaches, harbour,), Newcastle (beaches, Lake Macquarie) and Hobart (harbour/Mount Wellington).

The other cities are not in the race.

Overpriced graffiti riddled Sydney. Eastern suburbs has become a dirty cockroach invested hole, filled with 2 dollar shop emporiums of crap in 24hr gridlock but does at least have a harbour unlike that other filthy city on that brown river blocked by low bridges everywhere.

Newcastle the central Coast and Lake Macquarie I consider surface pretty.

[asagaai]

Originally Posted by roKWiz

Overpriced graffiti riddled Sydney. Eastern suburbs has become a dirty cockroach invested hole, filled with 2 dollar shop emporiums of crap in 24hr gridlock but does at least have a harbour unlike that other filthy city on that brown river blocked by low bridges everywhere.

Newcastle the central Coast and Lake Macquarie I consider surface pretty.

Yeah- I shared a small 2 room bedsit n Coogee with my wife when we first got married, back of a large house owned by a greek couple. One of the sons was paraplegic and brain damaged, drove a v8 while drunk and no seatbelt and crashed and paid the price.

Even back then 22 years ago -catching a bus down Oxford Street to work in CBD some parts were grimy. Recently went to Bondi and was shocked how moribund it all was.

But saying that the cliff top walks and interesting beaches like Bronte, Tamarama are stunning and quaint. I also have fond memories riding a lid over the back of a guy in large surf at Maroubra beach and was put out when he told me to go to the F n kiddies beach- when I got out I walked up to where he was standing and was about to give him a gobfull when I saw he was with 3 other large looking blokes who had these weird tribal looking tats, and something in my gut said let it go.

Pleased I did now I know about a certain group there.

But although some parts of Sydney is crappy and moribund, you cannot deny it's beauty, from the craggy eastern suburb beaches, to Mosman and North heads, to the stunning beaches of Avalon, Whale beach, Barrenjoey etc. Then you have the Blue Mountains as the amphitheatre.

It is beauty and the beast all in one. Funny you talk about cockroaches, I shared a terrace in Randwick for 8 months and I was scared to go up and turn on the kitchen light at night- the walls were literally moving and warping like a scene from Inception- only it was live roaches....

[FTE217]

Sydneys northern beachs and Pittwater area crap on the eastern suburbs imo.

[Citroënbender]

I’m not a beach person, they are anathema to me. As the child of migrant parents who worshipped the beaches here, they represent boredom, wasted time and discomfort. We sat on the lawn at Balmoral, near where the south Italians used to gather on Sunday afternoons and play bocce. You would sometimes hear the wives nagging and after a pause, the man would say decisively yet gently “domani”.

[naddis01]

If we are talking beautiful cities then Broken Hill must be up there. With our dirt gardens, masses of derelict $40000 houses and beautiful dust storms every other week. What more could you want?

[MITCHAY]

Got another unit up for sale at the moment in my complex. It will be interesting if it sells at all in this time let alone what it goes for.

I've been getting a lot of emails from real estate agencies I'm pretty sure I unsubscribed from a long time ago

So glad I have been smashing my mortgage from day dot. If I have bad equity even in these times, well the country is totally ****ed in my reasoning.

[marty351]

What do you think of Mulwala & Yarawonga?