Cheapest unit in Sydney

Discussion in 'Real Estate' started by kevinb, 26th Sep, 2006.

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  1. kevinb

    kevinb Active Member

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    kevinb, 26th Sep, 2006
    #1
  2. Jacque

    Jacque Jacque Parker Premium Member

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    I read this story with interest, if only because the price paid in 2003 seemed so far above what the median was at the time for Cabramatta units- especially 1 bedders. Turns out that other 1 bedders in 03 were selling for $155K range so someone (probably an uninformed or especially lazy buyer) overpaid back then by $90K or so. Huge! :eek:

    It does go to show you, however, the importance of research and the ability required to not get caught up in the hype that a property boom can generate.
     
    Jacque, 2nd Oct, 2006
    #2
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