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Old 05-11-2018, 02:33 PM   #763
Franco Cozzo
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Join Date: Aug 2009
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Default Re: Australia housing bubble

Quote:
‘We’re heartbroken’: home in same family for 93 years passes in

CHRIS and Brad Kerr say they’re “heartbroken” after the Californian bungalow in their family for 93 years passed in for what seemed a ridiculously low price.

Just two bidders competed for the three-bedroom home on a 757 sqm block at 17 Beresford Ave, Chatswood and agents couldn’t get them to offer even $1000 more than the vendor bid of $1.7 million.

After the gavel fell, Karen Davis, of Standen Estate Agents, said: “Last year our vendors might have got $2.4 million for this but now we’re having to ask them to consider $800,000 less than that.”
Poor Chris and Brad ONLY got $1,700,000 for their inherited house :'(

If Nanna had 'accidentally' gone for a tumble down the stairs 12 months ago they would have got their $2.4M! How inconsiderate of her! Or maybe the doctors should have tried harder to keep her alive for the next realestate boom?

https://www.news.com.au/finance/real...4e715a91cb7102
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