When you search via the 2000 (Sydney) or 3000 (Melbourne) postcode, you are searching within the very inner-city area, so equivalent to searching within Manhattan in NY or Bel Air in LA. Anything directly on the Sydney Harbour is going to be equivalent to being on 5th Ave right next to Central Park. If you want to get a more representative view of suburban prices in the main cities, try looking at a map of the greater city area, pick a suburb outside of the city centre, then check the prices.

@George2647g

Жыл бұрын

Yep - generally the further out you go the cheaper they housing is too...

I can't watch this. It' too depressing.Housing is so unaffordable in Australia now. Unless you already were in the market years ago or you have inherited or have family help your pretty F'd. The property owners get richer and the rest can never get anywhere. Especially as a single bloke. You can rent at a stupid cost just paying off someones investment property, again making the gap between rich and poor greater. It's all messed up.

@1ihws

Жыл бұрын

Try having to reinvent yourself for the fifth time, and being “only a woman” cop the same sort of crap! Makes for some very very angry comments! Happy now that your “commercial interests” are being deliberately misused? Fun, isn’t it #sarcasm!

@Lilygirl283

Жыл бұрын

@mateIwrockers-a scammer alert

@petermcculloch4933

Жыл бұрын

The first house I bought was two hours drive from my work, public transport was not practical and I had to fill up with petrol every second day. I toughed it out and now we are retired and living in our fourth home.Buying a house has always been hard when you start out

@michaelconnaireoates5344

Жыл бұрын

@petermcculloch4933 nah when a house only costed 3k 25 years ago it wasn't expensive it was people procrastinating it then regretting it now

@katymcdonald5481

Жыл бұрын

@@petermcculloch4933 no one is saying it’s too hard they’re saying the conditions that existed to buy a home on a single income 50 years ago don’t exist today. When you have a whole generation reaching middle age who cannot get into the housing market it’s not because of individual failure it’s because the system is broken. Look at rates of home ownership by age in Australia and it starts to decline at age 50 which is older than any other time in history. I’m happy that you have the security of home ownership but the generations behind you will not experience that security and that’s just facts.

Update! My niece sold her tiny two bedroom starter unit in Sydney's Inner West (close to Central) and bought a four bedroom house with two bathrooms, big garden, on a quiet street in Canberra for $100k more! That was two years ago, now her house value has Increased by S300k! I cannot see you living in Canberra, but out west NSW Cities still great! There are still some good deals around! The NSW climate is very similar to Texas!! 😄👍 There are currently no houses for sale in Newcastle, Wollongong is now selling out (it's very popular, has great facilities)! Bathurst is really rocking and affordable, if you don't need a beach next door! We don't use faux grass! With the Real Estate sites, always skip Page 1, and do search options! A house in Malibu, California is $10k - 30k PW! 😁👍

Coober Pedy is a OPAL mining town, in central SA desert area. Directly beside the main highway between Adelaide, to Alice Springs and fibally to Darwin. Lots of residences are made underground to better manage the hot climate. Local power is Wind Turbine and Diesel Generators, and water is created by a Reverse Osmosis plant to turn subterranean water into drinkable potable water.

What you're looking at is the size of the land, not the size of the house. 500 square meters = 5,382 square feet. I'm from the US and came here in 2006, the costs of buying and owning property nearly blew me away.

There's something for everyone in Australia! I watch international and local real estate shows, the most common requirement is facilities, like schools, hospital, shops! Having some land is ideal, it can provide a great childhood wonderland, a reliable source of income, a buffer against hard times, quality of life! I have noticed US and Europe rents are usually monthly! Monthly or fortnightly are common. Those Sydney rents are very high due to high demand and uncertainty, any "short term" rental costs more, a luxury listing is usually rented by overseas visitors and may often be empty! Melbourne has recently lifted prices too, years of lockdowns, no exports/imports, no tourist income, wage rises, big demand!? It is possible when inflation settles and everyday costs become more competitive that confidence will open up the real estate markets again, It is also possible that there will be more forced sales by banks because of mortgage defaults! 🧐 Friendliness, helping hands & Safety guaranteed! 😊👍 I know of an English family who has recently bought a 10 acre farm in Queensland, and are very happy! "The Bamfamalam!" KZread! Cheers Ian, I hope Danielle is doing well, best wishes to your family! 👪🙋💞

Back in mid 2013 my parents house (that we moved into in 1962, brand new) sold for $505,000. After a renovation of the kitchen, bathroom, laundry & a big deck built out back, sold again in January 2022 for $1,010,000. My mate sent me (on the phone) photos of the latest changes, the 2 car garage & BBQ area are gone & a relocatable 2nd dwelling is where they were. Makes me a little sad. The location is Kiama NSW on the coast. The 1st house to sell for $1,000,000. Was back in the 90s & has views of the harbour & black beach. P.S. Melbourne is at the north end of Port Phillip Bay.

Ian, great video, if you do again, would like to see a more focused video, for example - 1 where you tried to find a first house for a short term rental, say for up to 12 months while you get to know Oz - 2 where you search for a house to buy for your family (this could be a multipart video if you want suggestions) you tell us what you'd want in a long term house and then search houses in a realistic price range in area's you'd like to live Rural Australia can be quite affordable especially once you go inland a bit

@IWrocker

Жыл бұрын

This is what I’m looking for. Thank you, great video ideas 🎉😎

@phillipevans9414

Жыл бұрын

@Dave Amies. Agreed, more specific and "relatable" searches are the way to go, plus, it's great out here "beyond the black stump" - relatively affordable, actually in "the real" Australia, and surprising how many modern conveniences we have out here now (runnin' water, and some even got that 'lectrickery stuff, LOL). Cheers!

@The.Drunk-Koala

Жыл бұрын

As someone that lives on the north coast of NSW it's becoming unaffordable to buy a house. Which is why I'm not leaving here.

Hi Ian, the square meters is the land size and not the house. At the start of the video. You were showing a land development called Averley. That’s just around the corner from where I live in Melbourne. Have a look at some new homes.

I live in the Yarra Valley and my ideal property would be further north-east in the alpine forest region on a farm somewhere that backs onto a State Forest or National Park. Working the land with some cattle and sheep and some horses the dream.

My first home I purchased in Melbourne in the 80's cost me $45k that same house sold a few months ago for $400k its just a semi detatched (like a townhouse) I moved to Qld in 2001 purchased 25 acres with a cedar clad steel frame three bedroom cottage for $65k so glad I no longer have a mortgage or have to rent .

@Kayenne54

Жыл бұрын

White cockatoos love cedar. Not in good way either.

I've noticed that US and possibly UK as well lists real estate in terms of price per month, which I find strange because not all months have the same number of days, whereas a week is always 7 days. I guess in the US, February gives you the least value for money if you're paying the same amount for 28 days vs. 31 days. When comparing real estate prices I'd recommend looking up a set normal number of bedrooms and bathrooms eg. 3bed 1bath, 4bed 2bath, so there's a more clear comparison than seeing the extremely expensive ones in the mix.

You will find almost nothing for sale. In Adelaide for examplle, anything that becomes listed is usually sold within a week, and even if it doesnt say its under contract ATM, chances are it actually is. The demand for our real estate is beyond insane.

Afternoon. Most expensive state is the ACT, on the whole. The most expensive areas are anywhere on the water, of any type…

@Lilygirl283

Жыл бұрын

@mateIwrockers-a scammers..

North Richmond is north western suburb of Sydney on the outskirts of Sydney. When you saw the floods this area got cut off when the bridge went under on the Nepean river.

western australia and northern territory are expensive to buy things. for example bunnings prices would be 20-30% higher for the same goods due to distance. however housing in sydney or melbourne would be much more expensive. houses are cheap where nobody wants to live, land is cheap where nothing grows. fuel gets more expensive the remote you are. east of the great dividing range will have cheaper goods but higher house prices, west of the great dividing range the other way around and that's the same for nsw, qld and victoria

The first one you looked at, North Richmond is very close to me. I have friends who live there.

Safety Beach is on the lower peninsula on Port Philip Bay. It is a rather exclusive estate, with man-made canals, ponds and boat marinas. The beach area has always been a popular swimming area at Dromana, but property developers have turned the near land area into an expensive estate.

@davidbrayshaw3529

Жыл бұрын

And thirty years ago, Safety Beach and Dromana were "povo" areas. You can't rent an outside dunny down there these days for less than $650 pw.

The last property you looked at off grid. Near Yarram. I am biased I grew up in Alberton, 7 Km from Yarram. I know Devon North very well - some of my school friends came from Devon North. The area is absolutely gorgeous dairy cattle farming area. 90 Km from the City of Sale and about the same from Traralgon.. also very close (approx. 35 Km from Tarra-Bulga National Parks. You really would love bring your kids up on this property.

Some of the houses you have looked at, especially the cheaper ones, are in more outback/rural areas. You have to think about what sort of work you can do in these areas.

It was a MASSIVE shock finding out how much rent was when we immigrated here to Australia from the UK in 2009. I'd been in low rent social housing in the UK paying £105p/w rent. Our first rental in Aus was $800p/w! In fairness tho, my partner who's job transfer in the same company brought us here, paid him four or five times more salary for a similar role. Everything except fuel is more expensive here in Aus than the UK

@chrixs_plays2028

Жыл бұрын

$800 per week? i hope your house has 3 bathrooms and at least 6 bedrooms or youre probably getting ripped off

@mstmy7082

Жыл бұрын

@ChriXs_Plays Lol 😆 It was a very lovely, spacious house in Mona Vale in Sydneys Northern Beaches. 4 bed, 2 bath, 2 reception rooms, 2 car garage, + ingrown pool. It'd be about $1000-$1200 now I'm sure.

@chrixs_plays2028

Жыл бұрын

@@mstmy7082 i suppose the location and layout does make some sense, still too expensive though in all honesty, but as long as you were/are happy with it thats what really matters

Quick & dirty method to convert m2 to f2 - just add a zero, plus about 3/4 the original number. For example, 1000 m2 = 10,000 + 750 = 10750. Exact conversion 10763, so pretty close. However, the measurement given isn't the size of the house, it is the size of the block of land.

I bought my house just over a year ago in Collie, Western Australia for $139k. Just an old 2 bedroom house on a quarter acre. I'm happy with it

The rental in Sydney for $4250/week is a NYE fireworks apartment, It's clearly very nice but you're mostly paying to have the best seat in the house for that one night of the year

Would love to see you do this again Ian. I like that you bring up the convertor for pricing etc. Sydney and Melbourne are easily the 2 most expensive cities, Sydney being the worst. You need about a million to buy a regular family home in a suburb of either but they range to much higher than that the closer you get to the CBD. A lot of the cheaper places you were looking at are regional areas which have much cheaper prices and far less access. 👍👍

@aussiemum8711

Жыл бұрын

the meter square is land size not house size

@AnEnquiringMind

Жыл бұрын

Coffs Harbour, Cairns, Tasmania. Just a few.

Would absolutely love to see more of this Ian

In Melbourne Toorak is the most expensive suburb

Sydney is stupidly expensive but worth it. I live in an area where the median price would be 2 mil but many people still look way down on you.

@goaway9977

Жыл бұрын

I've lived in Sydney my whole life and can tell you it's not worth it once you're over the age of 25. Luckily I've found a job in Adelaide and will be moving there with my gf in a few months. We're currently paying $800 p/w for a 2 bedroom apt. We're looking at 4 bedroom homes in Adelaide for $600 week

There’s check box in the filters to remove the ‘under offers’. Right at the end of course.

Great vid Ian. I would like to see you do other locations as well. Eg Europe, to show what the rest of the world has to offer. Keep up the great work and congrats on the baby👍

You couldn’t live in Coober Pedy (peedy) unless you were actually mining, because it’s hotter there more days than the coast, and the kids would have nowhere to play. Plus there are thousands of deep holes that an adult can easily fall into, let alone a child.

@Lilygirl283

Жыл бұрын

@mateIwrockers-a scammers..

Byron Shire in Northern New South Wales is the most expensive to buy a house in Australia. I live 20 minutes north of there

North Richmond is an outer Sydney metro suburb in the NW of the city. It's a bit of a mix between urban/semi rural and lies on another road route (Bells Line of Road) over the Blue Mountains and out to places like Bathurst. The area can be affected when we have a major or even moderate flooding as it also lies on the Nepean/Hawkesbury River system.

loved this video. thanks Ian. hugs from Oz

The first house you showed is an ex defence force married quarter to service the nearby RAAF Base. Lived in it for a short time in about 1994 🤪

@MMCPN

Жыл бұрын

What you actually lived in that very house?? Can you remember how much your weekly rent was back then?? It looked like quite a nice place👍🏾👍🏾 what was it $680k to $720k I think🤔 I wonder what it’s value was back in 94

You may not realise but Sydney is the name of a suburb of greater Sydney. So, if you search for Sydney in am Australian real estate search engine, you are searching only that one inner city suburb which covers the downtown area. It's like searching for an apartment only in downtown Manhattan and then concluding that the whole of New York is super expensive and unaffordable. That's why your search only came up with the super expensive options. All real estate searches in Australia are by suburb name, not by city.

@esmeraldagreengate4354

Жыл бұрын

The whole of greater Sydney is super expensive and unaffordable

That bit of land you were referring to in greater Melbourne is the Mornington peninsular. I think the best place for a good house for not too much money is in Perth.

I liked the underground one. Could be done up to look fantastic. I guess it's nice and cool too.

@5lcalais1

Жыл бұрын

Most of the houses in coober pedy are underground cause it's damn hot, gets into the mid 50s and higher there, it's literally in the desert lol It was a massive mining region once apon a time 👍

Every house comes with a free scary spider, if you get really lucky you'll get your own personal snake thrown in.

Need to revisit this... and look at the sale prices for houses in the regional cities and towns too. The increase dropped my borrowing capacity by 300K over the last 2 years.. it's fkd

Awesome video Ian! North Richmond is ironically west of Richmond and these towns are in the Hawkesbury Valley that is about an hour north west of the Sydney CBD. FYI, the movie Hacksaw Ridge was actually filmed around Richmond and North Richmond.

Those expensive rental rates could be for an Airbnb property possibly

Ian, just so you know, when they quote the size 500sqm/750sqm/10 hectares etc, they are describing the size of the land. The average house size in Australia is about 240sqm which is 2584 sqft. And for information, most of Campbelltown is a terrible place to live, definitely lower socio economic. It is where my wife is from and my daughter was born there. About 5 years ago Sydney hit more than 100 suburbs where the median house price was over a million dollars. About 15 years ago, a bloke won $7 million in the lottery. He was asked what he was gonna do and said he was going to buy his mum a house with harbour views. He was told for $7 million he could get harbour glimpses. Anywhere with harbour views or ocean views in Sydney is ridiculously expensive. Perth definitely has some of the most affordable homes, and has plenty of homes less than 500 yards from the beach for well under $1 million and many under $500k.

That's for inner city prices.. We pay $330 per week for a 4 bedroom, 2 bath, 2 living areas,four bay carport..all with solar power.

Joondalup is in the Perth northern suburbs, a good buy.

Hey Ian, the last property you looked at is not far from my area of Victoria. Beautiful part on southern Victoria. I’m from a smallish town called Leongatha, which is about an hour drive west of Devon North. We also have some great beaches along the coast of South Gippsland area, including towns like Inverloch, Venus Bay, Sandy Point and not forgetting the great holiday destinations of Phillip Island and Wilsons Promontory.

@kayelle8005

Жыл бұрын

Shhhh don’t let people know how wonderful the area is. They’ll all come 😉

This is a sensitive subject right now in Australia, especially for renters. Everything's going up so fast in price. Especially if you're in an area close to a city. But there is loads of work, not much crime and poverty doesn't compare to the USA at all. So, while it's expensive, I wouldn't want to live anywhere else. We still the lucky country.

Thanks Ian for the video, would love to see you do one looking at an average house in each capital city in Australia and comparing to the state you live in

The “ticket price” price you pay for a house here in Australia isn’t the full amount. You also get charged “Stamp Duty” which is $2870 + 6% of the value of the property when the property is valued between 130-960k I’m generalising and it’s different in each state but then you also have legal fees on top as well.

@jenniferharrison8915

Жыл бұрын

NEGOTIATE!!!

@carolinekaeser

Жыл бұрын

@@jenniferharrison8915 you can’t negotiate stamp duty. It’s a government charge.

@jenniferharrison8915

Жыл бұрын

@@carolinekaeserYou can negotiate it in NSW, and the Sale price, the agents commission, do your own conveyancing, and also the mortgage terms! Seriously! 🤨

@susanhabib8211

Жыл бұрын

@@jenniferharrison8915 If purchasing you cannot negotiate stamp duty! That a government charge calculated on the actual purchase price. You can if course negotiate the purchase price, but the sales commission is a subject between the vendor and selling agent - nothing at all to do with the purchaser. If you do not have extensive experience in conveyancing, don't even think about doing it yourself. Someone who does their own legal work has a fool for a client. I worked my entire career as a legal secretary/paralegal/conveyancer and it really gave me the shits when a purchaser, without any knowledge, decided to act for themselves and then spend the entire time trying to pick my brain about what they had to do and when to do them! If you don't know what you're doing, employ a professional!

@carolinekaeser

Жыл бұрын

@@jenniferharrison8915 you can negotiate interest rates, house price etc but you can NOT negotiate stamp duty.

Check out Bathurst, just 200km from Sydney cbd, and of course you have the race, lol We moved to Bathurst in November last year from the NSW Queensland border and loving it

Check out Nimbin NSW, the un-official weed capital of Australia. Lots of alternative building styles and properties

@Lilygirl283

Жыл бұрын

@mateIwrockers-a scammers alert..

Awesome iain. Enjoyed your video of Australia. I'm wondering could you do something similar in your area. Just a couple of examples.

Australia and New Zealand are in complete chaos right now, the likes of which has never been seen. A perfect storm of factors has caused the lowest occupancy and highest prices for rental properties in history. Sadly the housing market is in a similar situation and for first home buyer is an almost impossible market to enter

Listings (I think Australia wide, don't quote me) usually have a price range, low to high

@Lilygirl283

Жыл бұрын

@mateIwrockers-a scammers alert..

Another way to find cheaper houses is to go rural. Going cheaper is not always going down to bad houses. But Sydney, Canberra and Melbourne I would say would be the most expensive. QLD I feel is somewhere in the middle, again depending where you are. House prices are pretty cheap out here in the bush or normally they would be. The housing situation is kind of crazy right now, even looking online at house prices in my area is way more then they were 5 years ago.

@Kayenne54

Жыл бұрын

Yeah, but if there's a lot of mining and/or construction going on anywhere near a regional town, landlords immediately upped their two room tin shack with a pedestal fan to over $300 per week. Oddly specific, right? Lol.

@esmeraldagreengate4354

Жыл бұрын

@@Kayenne54 yeah so I live in a rural town. No mining or construction. We have a rice mill, which isn't running full steam at the moment and my rent is $350 and my house is falling apart.

@Kayenne54

Жыл бұрын

@@esmeraldagreengate4354 It's all greed causing this misery. I'm sorry to hear things are so tough for you.

I used to work with property advisors & wrote about property investment. I didn't write real estate ads, though. Sydney is generally the most expensive, with Melbourne close behind. Brisbane and Perth are also pretty expensive these days. Even Hobart is getting exxy as more ppl move from the big capitals in search of a slower lifestyle. The reason some ads list a price range is because a lot of properties go to auction. If there's a lot of interest in a property, competition can drive up the bidding price. Gotta love the private market 😛 On the whole, rural properties tend to be cheaper because they're a long way from amenities and aren't in as much demand.

Hey Ian, First time posting and love your Aussie content. Your looking at properties 3 hour plus away from city’s.

In Melbourne, auctions rule, hence the variable price. Sydney and Melbourne rule the roost here but there are huge differences depending on the specific area. In Melbourne, the eastern suburbs rule, especially Toorak. In Sydney anything near the harbour is staggeringly expensive even without a view. Thank you for the video.

I bought an old heritage listable (but unlisted) needs some work but liveable house in Broken Hill far west NSW 2 years ago for AU$63,000. House prices here went up as well, the average house is now selling for around $200,000-400,000; but if you have $750,000 you can buy an old pub here to convert into a house or AirBnB or something. The catch is the distance from everything that isn't the town itself... and the duststorms... but no bushfires here which is a plus.

After government rent support, we pay $125/ month, for our 650 (69m2) square feet row house apartment. Witout the support it is $825. Water and heating included. Dad, mom, 4 kids dog and a cat happily living together. Greetings From Finland!

Sydney Melbourne and Brisbane

@Lilygirl283

Жыл бұрын

@mateIwrockers-a scammers .

I think Perth has the most expensive housing atm but I could be wrong

@MichaelSmithAU

Жыл бұрын

Used to a number of years ago, but the mining boom cooling pulled it back to 3rd spot currently.

@Lilygirl283

Жыл бұрын

@mateIwrockers-a scammers alert..

****The median house price in Sydney dropped -1.5 per cent in December to just over $1.2 million, bringing quarterly losses**** Melbourne median Increased by 0.1 per cent to $901,000 in the June 2022 quarter and the median unit price increased by 0.2 per cent to $629,000. For the 12 months to June 2022, median sales prices in metropolitan Melbourne increased by 5.4 per cent for houses and decreased by 0.2 per cent for units.7 Dec 2022

Tasmania has great value for money because you can get a large property with a decent sized house but it’s a much cooler climate.

@Lilygirl283

Жыл бұрын

@mateIwrockers-a scammers!!

@peterlyall6789

Жыл бұрын

Nah It's nice all year round you just gotta get used of the changes in temperatures from winter to Summer right now its hot really hot at 18C

@Jeni10

Жыл бұрын

@Nicky L Depends what Ian and his family like.

Hey Ian! Love your content as an Aussie. Bit unrelated but would love to see your reaction to Shane van Gisbergen's 2022 championship burnout to say goodbye to Holden from the end of last year - its pretty spectacular. Keep up the awesome work mate!

@troyhamer8168

Жыл бұрын

Yes mate!!

@kevo6190

Жыл бұрын

Amen!

Land prices in the Perth suburbs are cheaper than Sydney & Melbourne by a long way.

@robertmurray8763

Жыл бұрын

And a better city to live in. (I'm a Victorian).

I assume a bunch of people replied about this but scrolling through the top comments nothing covered it. The reason that first house had a range rather than a set price would be because it was to be sold at auction and that is the estimated range. Selling at auction in Australia is really common.

I live just out of Yarram Vic that the last house showed. It’s on the Gippsland lakes area, reckon you’d love it up here it’s a mix of mountains, beach and lakes and you can get a good piece of land cheap

@mandya9x934

Жыл бұрын

Same here! 100% agree. Easy going lifestyle. I wouldn't want to be anywhere else

Hey ian. Good video. The square metre listing on house for sale isn't the size of the house but rather the block of land it sits on.

Canberra is the most expensive for rentals which is fine by me because no body wants to live there. It is a fly in, fly out city.

North RIchmond is the outskirts of Sydney. The North Richmond bridge flooded a few times recently when we had the large floods in Sydney.

They started doing rent by week instead of by month because it meant they could have a quiet price increase. As 28 days is shorter than 11 months.

Great video mate, a lot of great suburbs in Australia. Hard to choose where and what, it all matters to your lifestyle. For me I love both country city and sea. I'm 40 minutes away from them all in Melbourne. In saying that the best country in Victoria is around 3hr drives from where I'm at. Which isn't too bad, Victoria looks like a small state, but it's a long drive from end to end. In saying that, if you don't have good neighbours it doesn't matter where you live. It's going to be shit

New South Wales/Sydney most expensive state in Australia. The closer to the coast and the big smoke The more you pay..entertaining video👍

north richmond could be in the flood zone and is on the outskirts of sydney. if you want to see mid price in sydney look at the hills area

Hi Ian, great concept for a video, maybe even a series of sorts? If you were keen to continue with this idea, it could be easier for you to focus on one state each vid and compare the CBD & inner suburbs with the outer and much more rural areas. Might be more informative for you and possibly avoid some of the state rivalries and heated comments! We are so proudly Australian but often more passionate (and vocal!) about our individual states! SA for the win🤣!

North Richmond is in the Far Western Suburbs of Sydney, the very, very top north corner of Sydney, in an area called the Hawkesbury. This is part of the area that has recently been affected by the floods (North Richmond is usually cut off when "the bridge" goes under, cutting it off from the rest of Sydney. It's possibly one of the most affordable properties you will find in Sydney). In Coober Pedy, this is a very famous opal mining town where they build underground because it is so hot there. The houses there are apparently very comfortable as far as climate is concerned. I desperately want to go there just to experience it, but sadly, I have never been there. Wedderburn is in South Western Sydney. It's really not that far from Sydney at all, not too far from the Southern Highlands, not too far from the Illawarra beaches or the South Sydney beaches. In Australia, we always pay rents per week. Even in the cheaper parts of Sydney, like Western Sydney, the rents are up around $500 a week for a basic 3BR house. Many people on lower incomes are really struggling. The interest rates are going up and up and unfortunately, this is negatively impacting the rental costs. Sydney is more expensive than Melbourne, but Melbourne is getting up there too. Queensland is probably next in line. I don't know too much about the Central and Western States. I know WA had a big boom with mining and that may very well still be going strong (I don't know).

Good time to buy, Prices just started climbing again recently. Most properties in NSW have lost 10% - 15% value in the last few months.

@Lilygirl283

Жыл бұрын

@mateIwrockers scammers!!

@1ihws

Жыл бұрын

It was a good time to buy when you could get house and land for under $100K at 18% interest rates, in 1986, too - those idiots who borrowed $500K at zero interest rates are seriously in the shit!

That's Port Philip Bay, sometimes they can be referred to as a 'Sound', like King George Sound in Albany were I am from, although live in Perth, also an 'Inlet', 'Harbour' of course, not sure what the rules are, if any, on determining each.

Dear Ian , Sydney and Melbourne , forget it , Ironpot is 16km (10 miles) east of Rockhampton. As a tourist it is part of a route near the Great Barrier Reef. Rocky as we call it is 7.5 hours north of Brisbane as Rocky is the 3rd busiest airport in Australia.

@MMCPN

Жыл бұрын

Really?? Rockhampton Airport is the 3rd busiest in Australia??

@russellhorsefield9199

Жыл бұрын

@@MMCPN Freight wise yes

Well dang! I used to be the postie that delivered to the address of the house in the ad on the right of the screen at the very beginning of the video! lol

@Lilygirl283

Жыл бұрын

@mateIwrockers scammers..

510 m2 property is refering to the land size

It’s even hard to get a loan for enough to buy a house right now. My son had $200,000 deposit and struggled to get a loan big enough to have enough money to purchase a house. Finally bought one for $610,000 but it is only a very small three bedroom home in a bit of a dodgy suburb in NSW.

@MMCPN

Жыл бұрын

And that’s probably classed as a good deal….

Just FYI, the square meters is the whole block size, not the house size!

That last property was amazing, and a great price

Hi mate that size measurement is the land size 4000 metres squared = 1 acre hectare= 2.2 acres or close Cheers

@Gordon_L

Жыл бұрын

I work on 1Ha = 2.5 acres , near enough .

Yeah checking out the RE in Aus can be both interesting and terrifying. Tip for you tho, when you select Sydney or Melbourne, select the Great Region option as it the expand the search the whole metro area, to give you a better picture overall. The Sydney ones were the CBD (central business district) only.

Well done Ian like this one a lot like this kind of content

the square meterage refers to the land not the house itself

@Lilygirl283

Жыл бұрын

@mateIwrockers-a you are a scammer..

Wedderburn is only a few km from me. It has a few drawbacks. There is only 1 road out in the event of bushfires and it's surrounded by bush. There is no town water or sewerage. You need rainwater tanks. However it does has a wild koala colony

North Richmond is close to Sydney 40 miles away

@Lilygirl283

Жыл бұрын

@mateIwrockers-a scammer

0.69 Nice

Where I live in Australia the average rent for a 2 bedroom house is more than the average wage earned in this suburb.

Melbourne East or south East is very expensive, however, outer western region is cheaper and more affordable on top of which it’s an awesome gateway to the great ocean road and greater Geelong which is Victoria’s 2nd largest city which is close to the surf coast. It also has a city meets country vibe. I’m in the city of Wyndham, you can check that out. We have a marina and heritage listed buildings with a rich history. Also the descendants of the original inhabitants still live in the area and recently ran for this seat in the last federal election.

The median price for a house in greater Perth in 2022 is $650,000. It is quite easy to find rental apartments even within a few km of the CBD for about $350/week.

Listings are per week because most jobs pay on a week basis. To work out how much a month, realestate multiplys the weekly rate x 52 weeks /12 months to work out monthly rent, it then becomes a little more than the advertised price when calculated.

I live 60 km SW of the Sydney CBD. I grew up in the Eastern suburbs. Houses closer to the CBD can be above $2 million. Where I live the average house price is between $700,000 to $$850,000. When we bought the house we live in now over 30 years ago and cost us $165,000 back then and has a decent size back yard. The newer homes nearby built on former public housing land are quite big, but no much land, so their backyards are 1/4 of the size of my backyard. The homes you viewed at 18.16 are close to the harbour and CBD and will always be very, very expensive to buy or rent. Rent is by the week, not month. So you would calculate the yearly rent by multiplying the weekly rent by 52 weeks. If you are calculating by the month, it’s the equivalent of 13 months. Most rent is paid for two weeks at a time.

@Lilygirl283

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@mateIwrockers scammers..

@elizabethpilarski1076

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Seems crazy now that Bondi was called scum Valley and Surry Hills was slurry Hills.

That last one, in Devon North, was about 10 min. drive from the farm I grew up on. My family had to move to the outer suburbs when I was 15 and I cried for a year. Still hoping I can make my way back somehow, one day. The high end properties you saw on Sydney Harbour and such, often are rented out by the week, to, you know, stinking rich people who are visiting, or working from interstate or overseas, it may be a short or long stay, hence the weekly rate. Fun video though.

@Lilygirl283

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@mateIwrockers scammers..

@IWrocker

Жыл бұрын

Gotcha that makes sense thanks. Hope you make it back to the beautiful countryside 🎉

@phillipevans9414

Жыл бұрын

@@IWrocker . A lot of rental properties are still advertised at the rent figure "per week", even though the reality is that rent for them is actually paid monthly (pcm) - not sure why. Cheers!

The apartments you looked at in Sydney were all in the CBD, which is basically the Australian equivalent of searching for an apartment within a few blocks of Central Park NY. Not really indicative of what rents really like in Sydney hahaha

Haha. I was just in North Richmond