Hi All
With house prices sky rocketing and with affordability crisis, why not we use ozbargain to list any properties you come across and looks like a bargain ?
Like I see something in Melbourne's east and believe it is cheap , and me living in that area can also gauge if it is cheap or costly and that will help someone who lives 40km to the west not waste time going around 100s of houses?
May help fellow community people to benefit?
Any thing that prevents these listings?
ummm people are here for eneloops and a200 amgs not houses mate
if you had a stable job and have money to invest, the financial returns people have been seeing, why wouldn't you at least consider it.
What’s stopping people from listing their own property for sale just to get maximum exposure? I.e. Spams.
Also, houses are incomparable, so hard to judge whether one is a bargain or not.
Cause no one cares about that one house you think is a bargain down in Timbuktu. Add to that, how often do any of us go shopping for a house? once or twice in a lifetime maybe?
So because no one cares, it's just going to spam the deals tab. Not to mention how subjective it is and how much research is needed to assess the house. The questionable nature of it, are mods gunna need to call for a house valuator to determine if your post is a deal? the list goes on. Dont know why you havent thought of any of this. I dont see why you cant try it in 'find me a bargain' though
Because agents under quote. No way of knowing if the property is obtainable for anywhere near the advertised price until an offer is made and accepted.
Also remember when a bunch of travel agents starting spamming their very average deals here? Imagine what it would be like if real estate agents started doing this…
i'm looking to buy <$1 Xiaomi lights not houses
If there was a new housing estate somewhere offering 20+ Houses at a great rate compared to other estates in the area, you could try posting it. But it is near impossible to judge the quality of the houses in comparison to give it a true value to be a bargain.
Looking at all comments above , it looks like people want a fixed old price and a fixed new price and calculate % cheap and go and buy it just like a robot
I dint mean to get these deals posted in deals and spammed
May be a new tab for just listing these items ?
And to question of no one will be sure if it is a bargain
It is on perception and using the crowdsourcing of experience of people around that area
Eg if a person who is in Sydney want to buy and move to Melbourne he may not have clear idea on price fluctuations between east and west and these listing may provide some guidance
It may not be absolute but atleast a guideline
Anyway won’t waste much time on this
If Scotty thinks this is worth , let him go ahead if not
It’s ok ;)
You can already get a price guideline from the online RE sites, domain.com.au, realestate.com.au, etc. You only have to do your due diligence. Besides who here gives a damn to crowdsupply this information when it's already being recorded and supplied by REAs.
You however can, as some people have done, ask about a suburb or a neighbourhood for an idea of what it's like to live there and what the pros and cons are.
Houses are just too idiosyncratic.
It may not be absolute but atleast (sic) a guideline
You can't list a guideline as a bargain.
I gave up on attempting to read that post mid way.
Silly idea, it's too subjective; because houses can only be a bargain under the specific purposes they are intended for and these are all different. For example, somebody wanting to live in a house for 15 years will pay a certain price for it, somebody investing will want to pay a certain amount for it, somebody developing will pay another amount for it. Similarly, I would rather buy it myself as a truly bargain property for the purposes of investing opens up equity or cash flow to enable to you buy another and another and another and another. Also, by your logic, why restrict this to property. Should we start doing bargains on shares? Commercial property? Art? Precious metals? Commodities? etc.
It is on perception and using the crowdsourcing of experience of people around that area. Eg if a person who is in Sydney want to buy and move to Melbourne he may not have clear idea on price fluctuations between east and west and these listing may provide some guidance
I live in Sydney, but I have invested in Melbourne property a few times now. I have absolutely no experience investing in Sydney, but I have experience investing in Melbourne. Living in a specific location by default does not actually give you any grounds to determine a good property purchase. Would you go to a low socioeconomic area where a majority of people are unemployed or uneducated, and do a crowd sourced poll on whether your property purchasing decision in that area is good or bad idea?
May not have clear idea on price fluctuations between east and west
RP Data???
Whoever sees it first will just buy it and then try to resell / list on ebay.
Insufficient quantity. :) Besides, "bargain" for housing is very subjective.