Peach Posted February 11, 2012 Share Posted February 11, 2012 The property market in Canberra for sales seems just as crazy as for rental (a dozen other people at every viewing). Does anyone how much extra the seller is really expecting when they add a + to the price? Link to comment Share on other sites More sharing options...
Freckleface Posted February 12, 2012 Share Posted February 12, 2012 There is no hard a fast rule. It is just an indication that they want more than the figure listed. A bit of a fishing expedition really to see what they can get. When we bought our last investment property we offered under the listed amount even though it was listed with a price +. Educate yourself about the suburb and prices comparable properties have sold for and then offer what you think a property is worth. Link to comment Share on other sites More sharing options...
RobandCatherine Posted February 13, 2012 Share Posted February 13, 2012 A real estate agent friend of ours (if thats possible) told us around 10% - why they don't just make that the price though is beyond me... Link to comment Share on other sites More sharing options...
Peach Posted February 13, 2012 Author Share Posted February 13, 2012 A real estate agent friend of ours (if thats possible) told us around 10% - why they don't just make that the price though is beyond me... is amazing! I don't think I can pyschologically make myself offer an extra fifty or so grand, once I've seen the price they want offers over. I find it even more bizarre the places on All Homes that put 'Price by negotiation' - i.e. don't list any guide price. Link to comment Share on other sites More sharing options...
Guest boothy Posted May 25, 2012 Share Posted May 25, 2012 Hi there Just noticed your post. We decided to opt out of the stress and have bought a block to build our own house. Stamp duty worked out cheaper as we have done both seperate and we don't have to worry about offering. We know what the land is costing and we have chosen a builder who is building to our budget. Worth considering Sam Link to comment Share on other sites More sharing options...
RockDr Posted May 25, 2012 Share Posted May 25, 2012 on realestate.com if you're looking at a house, scroll down a bit and there'll be a list of the last few houses that have sold in that suburb, with the amount they sold for. Makes for very interesting reading. I've been keeping an eye out in our suburb in Adelaide, and there's up to $200k difference between the original list prices and the selling prices of very similar houses that have actually sold. (these are houses in the $450-$600 range). Link to comment Share on other sites More sharing options...
yorkiegirl Posted May 25, 2012 Share Posted May 25, 2012 on realestate.com if you're looking at a house, scroll down a bit and there'll be a list of the last few houses that have sold in that suburb, with the amount they sold for. Makes for very interesting reading.I've been keeping an eye out in our suburb in Adelaide, and there's up to $200k difference between the original list prices and the selling prices of very similar houses that have actually sold. (these are houses in the $450-$600 range). Just check the dates though, in our area some suburbs are showing sales for 2012, and some are still showing sales for 2007 !! It's quite hard to find out what prices property sold for here unless you are willing to pay for the information, unlike the UK where it's really easy to get that info free of charge. Link to comment Share on other sites More sharing options...
RockDr Posted May 25, 2012 Share Posted May 25, 2012 Just check the dates though, in our area some suburbs are showing sales for 2012, and some are still showing sales for 2007 !! It's quite hard to find out what prices property sold for here unless you are willing to pay for the information, unlike the UK where it's really easy to get that info free of charge. These are properties that sold last month, so definitely up to date... Obviously the market will vary in different areas. Link to comment Share on other sites More sharing options...
Guest Guest66881 Posted May 25, 2012 Share Posted May 25, 2012 Houses round our way are slowly moving upward again, not that we are going anywhere - never liked the two storey houses remind me to much of blighty. Link to comment Share on other sites More sharing options...
yorkiegirl Posted May 25, 2012 Share Posted May 25, 2012 These are properties that sold last month, so definitely up to date... Obviously the market will vary in different areas. They must be a bit more on the ball keeping it up to date where you are than they are around here then Or maybe they just don't want us to know! Link to comment Share on other sites More sharing options...
RockDr Posted May 25, 2012 Share Posted May 25, 2012 They must be a bit more on the ball keeping it up to date where you are than they are around here then Or maybe they just don't want us to know! Or maybe nothing's sold recently? We live in quite a high turnaround area as close to the CBD, I'd expect some suburbs further out in areas where people tend to "settle" a bit longer would have fewer houses on the market anyway? maybe? Link to comment Share on other sites More sharing options...
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