Got a friend looking to buy at the moment. They've got a budget of around 650k. They're having a rough time finding something that suits their needs. There's a lot out there, but when the open inspections have 15-20 minute waits (just to get in!) its harrowing.
Been to a few with them, and the quality of the stuff on the market varies wildly (and so do the expectations!)
It's a tough market to buy in...the auction property in this post went for $813,000 under the hammer and it was nothing at all special or large. It's good though as it's more evidence of mine in the same suburb being well north of that. I'm just glad I did the hard yards years ago and have multiple properties, I'd not want to be buying in this market. I wish your friends luck.
Well at my point in my life, I don't want to sell or buy a property ever again, I'm sick of stamp duty and moving :D
Fucken Stamp Duty.
$40,580 on an $850,000 house purchase for a non-first homebuyer and $29,580 on $650,000 for the same non-first homebuyer. Fucken nuts.
At least there isn't land tax for PPOR. Thanks for making my discord go bing, its keeping me awake for F1 quali :)