American reacts to house prices in Australia

แชร์
ฝัง
  • เผยแพร่เมื่อ 28 ก.ย. 2024
  • Thanks for watching me, a humble American, react to the Australian housing market!
    Thanks for subscribing for more Australian reactions every weekday!
    Got a video request? Fill this here form out:
    forms.gle/i1Vu...
    🤓Ways to support the channel!🤓
    ↬ purchase one of my Aussie-themed T-shirts: ryanwas.com

ความคิดเห็น • 1.2K

  • @StralianBtw
    @StralianBtw 8 หลายเดือนก่อน +84

    the house at 6:10 is displayed with the block size first because most people would probably be interested in knocking the house down and either building a bigger one or putting units onto it

    • @ianmontgomery7534
      @ianmontgomery7534 8 หลายเดือนก่อน +6

      units more likely.

    • @KawaMalawa1
      @KawaMalawa1 7 หลายเดือนก่อน +1

      They will also sometimes get approval from the consul with the amount of units/duplex/townhouses that can potentially be built there and mention it in the description

    • @ianmontgomery7534
      @ianmontgomery7534 7 หลายเดือนก่อน

      @@KawaMalawa1 yes and they STCA which means subject to council approval and these days it should say subject to VCAT approval.

    • @undergumtrees8551
      @undergumtrees8551 7 หลายเดือนก่อน

      haha not in clyde circuit thats where all the eshays live

  • @KT-ki2nv
    @KT-ki2nv 8 หลายเดือนก่อน +441

    It’s sad because the young generations have been priced out of home ownership and now cannot afford to rent properties. Mostly caused by property speculation from overseas investors offering way above value and the government sat on their hands letting it happen.

    • @tlihdsnm26947
      @tlihdsnm26947 8 หลายเดือนก่อน +22

      depends... its become about inheritance for the younger generations in a lot of ways. Howard created a lot of this decades ago.

    • @syllycatface
      @syllycatface 8 หลายเดือนก่อน

      ​@@tlihdsnm26947which is messed up though, market is ruined so bad you basically need your parents to die for gen y/z to own a house

    • @MalevolentProphecies
      @MalevolentProphecies 8 หลายเดือนก่อน +1

      If it’s about inheritance, then the boomers shouldn’t be surprised when their kids don’t do anything to support their health as they age.

    • @jenb658
      @jenb658 8 หลายเดือนก่อน +30

      I am not younger (over 50) and getting divorced. Our shared property has increased by around $450,000 over 15 years. Split in two it means that, however, neither of us will be able to afford anything more than a one or two bedroom apartment once we sell without taking out new mortgages at a time when our retirement is in sight. We live and work in a city and the only way we could avoid going into debt again is to move away from our work and where our kids are still at school. It’s miserable really.

    • @Latitube
      @Latitube 8 หลายเดือนก่อน +14

      It's a myth that house price is caused by oversear investors. The real reason house price skyrocket is because everyone fighting for the well established area. If you willing to live just a bit further out of those area the house price would reduce by 50%

  • @spyduhgirl
    @spyduhgirl 8 หลายเดือนก่อน +29

    Terracotta roof tiles are very common in Australia, followed closely by colourbond steel roofing. We dont have shingles etc our roof lasts basically forever unless a gum tree falls on it.

    • @bronwyn6415
      @bronwyn6415 8 หลายเดือนก่อน +1

      Most people can't afford to build with terracotta roof tiles hence the cement tiles and colourbond, more houses built in the 30's and 40's have terracotta rood tiles.

    • @Caseyjames91
      @Caseyjames91 7 หลายเดือนก่อน +1

      Or fist sized hail punches holes in it (for the colorbond) 👍

  • @shirleenlawlor5102
    @shirleenlawlor5102 8 หลายเดือนก่อน +19

    I love the way you mispronounce almost everything. You are quite the character and you have a wonderful sense of humour and a beautiful family. Cheers from the Gold Coast

    • @101steel4
      @101steel4 8 หลายเดือนก่อน +1

      I've heard Americans mispronounce English place names before, and Gloucester is a common one, Gloucestershire even worse. But glaw casser? Good grief 😂😂

  • @punky230869
    @punky230869 8 หลายเดือนก่อน +30

    Ryan, the average price for a home across the entire country just ticked over the $1M dollar mark - about $660K USD. Sydney average is $1.4M
    Affordability means you’re probably headed to centres other than Sydney … though that’s a relative term :)

    • @jca2213
      @jca2213 7 หลายเดือนก่อน +2

      In real estate the correct term is median not average as averages can be influenced by outliers (very high or low prices) or distributions with long tails and therefore may not be a reliable indicator.

  • @CaptainAndy99
    @CaptainAndy99 8 หลายเดือนก่อน +26

    You are searching Sydney which is the CBD. You need to search the suburbs. Try Chatswood, Hornsby, Waitara, Mosman, Manly, Roseville

    • @Crosleyq
      @Crosleyq 8 หลายเดือนก่อน +12

      Yeah hes stil not finding anything at his current price range 😂

    • @boganwest99
      @boganwest99 7 หลายเดือนก่อน +2

      This, I was going to say the exact same thing, he's not finding anything in Sydney because he's searching the CBD which doesn't have a lot of residential and is mostly commercial with some residential buildings but you won't find any houses in the CBD.

    • @Tomoslb1
      @Tomoslb1 7 หลายเดือนก่อน +5

      True but your not finding a house less then 500K in those suburbs, only hope is the western suburbs.

    • @Alicia-ij6gt
      @Alicia-ij6gt 7 หลายเดือนก่อน +2

      Manly has a median house price over $4m. Mosman’s is over $6m. But they’re both harbourside, with Manly also having surf beaches. Chatswood is a transport interchange, with many heritage Federation homes. Roseville is also on the train line, and is noted for unusually large plot sizes. No bargains there. Waitara and Hornsby are also on the North Shore line and not precisely cheap either. Maybe Tregear? Blackett? Shalvey?
      Let’s face it, with a median house price around AU$1.6m, the greater metropolitan area of Sydney is no place to find cheap real estate. The land itself is in great demand and highly valued.

    • @gaeshows1938
      @gaeshows1938 7 หลายเดือนก่อน +1

      Possible in mt druitt

  • @doceskoe
    @doceskoe 8 หลายเดือนก่อน +9

    Rockingham in Western Australia for the win!
    3x2 multi storey with double garage, ac in every bedroom and living area, 300 metres from the beach, can see a little ocean and garden Island from my balcony, and damn near the best weather in the country...
    Everything I need near by and 40 mins from the city..
    $550k 2 years ago 😎👌🏼

    • @jessicahayes9563
      @jessicahayes9563 6 หลายเดือนก่อน +1

      I’m in Townsville and I bought my house a year ago for 300k. 4 bedroom 1 bathroom, newly renovated on a 1000m2. The beach is a 15 minute drive and the temperature never goes below 20°. Literal paradise

  • @ChrisRich
    @ChrisRich 7 หลายเดือนก่อน +2

    Thanks for posting this video. You're right, it's bonkers down under! Aussie here living in Sydney.
    Two things you missed:
    1) "Guide price": In Australia property prices are rarely fixed - they're all auctions - hence the term "Guide price". which is deliberately set lower than the projected sales price by dodgy real estate agents to lure in more bidders, who mistakenly think they have a chance to compete, when in fact they are already out priced. Real estate agents do this for two reasons:
    - Create a false sense of high demand to drive up the sales price on auction day (sales agent typically makes 2-3% in commission + advertising costs)
    - To negotiate a pre-auction sale and play the bidders up against each other, making up non-existing offers from another party to create FOMO which makes people lose their heads and overpay
    2) Monthly estimated repayment: You cannot use that to derive the sales price of a property and how much you would potentially pay per month. The numbers are unrealistically low and "examples only". The only way to figure out what a property is worth, is to look up how much it sold for last time it was traded and estimate the price in today's market. Some sales prices are publicly listed, but many are not (some buyers and sellers withhold the price from the public because they don't want their friends, co-workers or neighbours to make speculations about their net worth or debt).

  • @seachangelezzie
    @seachangelezzie 8 หลายเดือนก่อน +3

    We paid $850k for a 3 bed, 1.5 bath, single lock up garage villa unit (block of 3 bungalows) 1.5 hrs by train north of Sydney, one block from the ocean. We were thrilled to get anything under 1 million . The previous owners bought the unit (unrenovated) in 2019 for $375k. So in 3 yrs, it went up $475k, so more than doubling in price

    • @louise7552
      @louise7552 8 หลายเดือนก่อน +1

      It's insane aye. I bought my Housing Commission house in Guildford 10yrs ago. We had to pay full market price, no discount. We bought it for 324, 000. Sold it 5 yrs later for $700,000 cash without a realestate, used solicitor. Bought my 3 king-size bedrooms, 2 bathrooms, 850sqft double brick, newly renovated house, 1 minutes from Tuncurry One Mile Beach for $550,000. Mortgage free, now, so happy l was poor and had houso. It's now worth $900,000. BUT IM STAYING WITH MY DOLPHINS 🐬 ❤

  • @tamarapetrov4990
    @tamarapetrov4990 8 หลายเดือนก่อน +5

    Sydney city has very very few (if any except heritage things) stand alone houses. At the time housing was built they were terrace houses....attached side to side. That's the closest to a house that remains...everything else is apartments and massive towers. Surburban Sydney is where most of us live if we want houses, or more reasonable prices

  • @shazzm9252
    @shazzm9252 8 หลายเดือนก่อน +3

    Interesting Ryan, that you say the size of the house and how much you pay per square foot is the main consideration when buying a house in the US. In my opinion (and those people I know) the first consideration here in Australia (if you are an everyday person) it is how well the house fits your family’s lifestyle. For example: if you have three kids then you need 4 bedrooms and 2 bathrooms plus a study, a lounge room, a family room, a dining room and a big backyard. It needs to be close to a school, park or sporting field and within driving distance to a shopping centre. It does not matter how much it costs if all those things are not present. Once you decide on a house or two then affordability is the deciding factor, not how much value is in a square foot….

  • @davidcruse6589
    @davidcruse6589 8 หลายเดือนก่อน +6

    You looking in city centre
    Suburbs is what you need to look at
    Alot of Aussie's preferred to live on the outer skirts of city
    Cheaper and easy to communte

  • @renwillowtoffee
    @renwillowtoffee 7 หลายเดือนก่อน +2

    My daughter lives in longreach it is a wonderful family friendly community…. Houses prices are crazy everywhere in Australia!

  • @MrGluey666
    @MrGluey666 8 หลายเดือนก่อน +5

    you should do one on renting as theres a rental crisis in Australia too.

  • @sarahs1635
    @sarahs1635 7 หลายเดือนก่อน +3

    This was so entertaining! I couldn't stop laughing. Thank you so much. Nothing more Australians like to talk about than real estate and the weather 😂

  • @UgotV3
    @UgotV3 8 หลายเดือนก่อน +3

    😂😂😂 it’s funny watching somebody get the anxiety shock that we have on a daily basis for the past couple of decades and it just keeps going up. unlike our wages, even though they’re a seemly decent wage.

  • @HAPPYJUNKIN62
    @HAPPYJUNKIN62 7 หลายเดือนก่อน +2

    I loved this perspective on house prices in Australia. Watching your American shows on house flipping, as well as purchasing a home on beach, or lake, i could afford, but never here in Australia.
    Id move to USA just to become a home owner

  • @coraliemoller3896
    @coraliemoller3896 8 หลายเดือนก่อน +2

    Longreach would be considered an outback town. West of the Great Dividing Range.
    The name ‘long reach’ refers to waterhole where drovers brought cattle to drink and rest.

  • @fionaharrison9314
    @fionaharrison9314 7 หลายเดือนก่อน +1

    So fun that you first landed on a suburb 30 mins from me. It is one of the cheaper suburbs in the region.

  • @jessicaamy6711
    @jessicaamy6711 7 หลายเดือนก่อน +1

    Cheapest suburb in nsw will be Broken Hill, it’s so far west that it has a different time zone

  • @broskies1
    @broskies1 7 หลายเดือนก่อน +2

    Sydney sider here. Average Sydney house price is $1.6M (AUD). most places he looked at are around 2-3 hour drive from Sydney. There are little to no jobs or infrastructure in generally in regional areas thus the cheaper price.

  • @violettiplady3113
    @violettiplady3113 7 หลายเดือนก่อน +1

    House on stilts are for floods.
    Up here in Darwin, most homes are up high for our monsoon season

  • @thomjanson9644
    @thomjanson9644 7 หลายเดือนก่อน +1

    It’s real. I live in rural NSW, surrounded by farms. I’m about 1 hour away from a major city, Sydney is over 8 hours away, I am coastal, within 20 mins of beautiful beaches. It’s a 4 bed, 2 bath, single story house on half an acre, close to a small township. Our house is valued at $2 - $2.5 million. Houses also sell in our area, for similar prices, usually within 2 weeks of being advertised.
    It’s crazy!!

  • @cannotfinddevice
    @cannotfinddevice 7 หลายเดือนก่อน

    So for reference:
    Longreach in QLD is a 12hr drive to Brisbane (QLD capital city), equavalent to driving from Indiana to Boston (roughly). And its an 18hr drive to Sydney, NSW.
    Avg summer temp is 36-38c (96-100F) and sometimes mid 40's (113F) + humidity
    Considered a small rural town in the middle of nowhere (by us city folk)
    There is a reason most of us Aussies live on the coast - Temprature. Too damn hot the more you go inland.
    Oz is a BIG country, distances are huge.
    As other peeps have said in the chat, in a major city (Sydney, Melbourne, Brisbane, Perth etc) you're not getting anything for under $800k (aud) and even that would be old and not close to anything.

  • @Talon31415
    @Talon31415 7 หลายเดือนก่อน +1

    My city Wollongong has some great and affordable houses. Specifically a little further down south you have Lake Illawarra which has some great houses on the market atm.
    ID also avoid places in Queensland unless you like boiling hot summers, its expensive to run in both times of years and its not the most party central.
    IM from NSW and its got alot cooler and nicer summers with a few hot days a year that are perfect for beach day.
    id recommended places on the coast ( places inland tend to be super dry and scorching hot with ZERO wind ) Sydney is the most expensive but its also party central for NSW )
    Still id recommend my area if you like mild summers and fresh winters ( No snow ). the best overall city is Melbourne, but if you want to live somewhere nice ur gonna have to pay a pretty penny. Stick to NSW for new commers and if you want more spice head to Victoria.
    Make sure you avoid the west side and north side ( super hot and boring, Perth is basically a massive hotel for people who work in the mines. Nobody from there enjoys it )

  • @sillysam00
    @sillysam00 7 หลายเดือนก่อน +1

    The value in australia is in the land and not the house. Thats why they display the Land size and not the House size. Unless you are buying a brand new House, you will rarely see the house size plastered on the advert. You would need to find the building drawings.

  • @FionaWard-p4m
    @FionaWard-p4m 6 หลายเดือนก่อน

    Australian houses are on stumps (stilts) for several reasons, the first is airflow - trying to get a 'cool' breeze, also to keep the worst of the wildlife out, and then, it provides a shaded area to relax outdoors. In Queensland they are often called 'Queenslanders' and come with verandahs that wrap around one or all of the building AND yes occasionally it stops your floors getting wet in a flood.

  • @Danger_Mouse3619
    @Danger_Mouse3619 8 หลายเดือนก่อน +2

    We don't have properties that list the house size. It's the block size or lot size that you see.

  • @RosesandBlingPapercrafts
    @RosesandBlingPapercrafts 8 หลายเดือนก่อน +1

    House values don’t change much, it’s the land value. We purchased our house in North Brisbane for $325k in 2013, it’s now valued between 8-850k. We have done some landscaping which has helped increase the value though. My adult son can’t afford to move out because of the crazy prices. We may have to buy an investment property for him to move into, rural Victoria is a bit more affordable.

  • @GreenDistantStar
    @GreenDistantStar 8 หลายเดือนก่อน +2

    Though it's taken off the past 12 months, Perth still offers amazing value. You can still find 3 bedroom houses for under AUD500K within 45 mins of the city, and apartments are way cheaper than anything on the east coast. But sshh, don't tell everyone....

  • @fatimakourouche
    @fatimakourouche 7 หลายเดือนก่อน

    The first house is right next to the harbour bridge. The house size is usually land size, not the actual structure, thats right the lot not the house. There are old homes made from fibro or aluminium cladding. The newer home are are usually brick veneer, brick outside and gyprock inside. Older styles may find double brick, brick inside and out. You can find house size on the floor plan (usually) majority of homes built recently have tin roofs. Australia although huge in land size, however majority of the population live around the coastal areas. Regional areas, especially in the centre are usually remote and very far from services, hence prices may be cheaper. The price guide is that, it means house up for auction and buyer decides price, usually more than guide

  • @hoping4henotic539
    @hoping4henotic539 8 หลายเดือนก่อน +1

    You should look at rental prices, that's where the true horror is, 1 bed 1 bath going for $400 a week in some places, with bills on top.
    Also you can see purchase history on sold houses, don't know any site you can see it on houses for sale though, just don't think they want people comparing and seeing the increase.

  • @PhillipGWilkie
    @PhillipGWilkie 8 หลายเดือนก่อน +1

    FYI.. Longreach to the nearest capital city is 1200km (745 miles)

  • @Timzdametal
    @Timzdametal 7 หลายเดือนก่อน

    I'm an Australian listening to an American look at Australian properties haha. It's actually really interesting getting an outside opinion.

  • @BarbaraMacDonald-bq1lb
    @BarbaraMacDonald-bq1lb 8 หลายเดือนก่อน +2

    Hey ryan that heater is combustion wood heater 😊

  • @Heylollie343
    @Heylollie343 7 หลายเดือนก่อน

    About 3 years ago, I was looking at houses in Brisbane, and the prices of 3 bedrooms 10 minutes from the city were about 600k. And these are older, average looking houses. This year, those SAME houses are selling for 1.2 million+

  • @maetherabbit9999
    @maetherabbit9999 7 หลายเดือนก่อน

    The house i live in, a standard 4 bed 2 bath double storey on a 400sqm block in a suburb in south Brisbane. When we moved in early 2019 rent was $500 and estimated value was $800k. Now, rent is $760 (and our landlords were really good about not being ridiculous with rent rises) and the estimated value of the house is $1.9m. It is ridiculous.

  • @PiersDJackson
    @PiersDJackson 8 หลายเดือนก่อน

    Ryan, for the first five minutes you're looking for a "detatched house or bungalow" in the middle of Sydney.... it's like looking for a Homestead in the middle of Manhattan.... "the Rocks" is waterfront, think of them as "Brownstones" with a view of the harbour.... and the "cheap" Batchelor pad, was a single bedroom apartment, no.9 on the 7th floor of no.2 Cunningham Street.

  • @FIREPHEIONXx
    @FIREPHEIONXx 7 หลายเดือนก่อน

    They do the measurements based on the entire property because usually the land is worth more then the actual house as they are used more as invenstments or to be redeveloped.

  • @matthewwalker6621
    @matthewwalker6621 7 หลายเดือนก่อน +1

    We have massive problems with homelessness mostly due to many houses are being rented to backpackers in illegal boarding houses.
    A 4 bedroom house with 14 backpackers paying $280 a week each to share a room.
    No one can find a place its ridiculous.

  • @stockrok_3202
    @stockrok_3202 7 หลายเดือนก่อน

    Those graphs of the history you were talking about, domain has those, the amount they’ve sold for in the houses history

  • @raaab0
    @raaab0 7 หลายเดือนก่อน

    When you buy a house you pay per the land size AND the house size, so it's always variable. The site shows the house size as well most of the time not just the land size, but we aussies care about land size a lot more when buying.
    You should consider doing these react videos with an actual aussie on stream to explain the differences and numbers.

  • @1999NOZA
    @1999NOZA 7 หลายเดือนก่อน +2

    As a sydney sider. If you don't have a job paying 400k+ a year/don't come from a wealthy background. Simply put, you're not owning a house in the east. A "Decent" home, and i mean bare minimum 3 bed, 2 bath, 1 car (not that special) is starting at 4m.... and that's for an absolute DUMP. You'll be spending an additional million plus just to do it up. Hate to say it, you need 5 million+ for anything worth while.

  • @doodeedah6409
    @doodeedah6409 7 หลายเดือนก่อน +1

    PS: Gloucester is 3.5 hours away from sydney 😂 Oh btw, it’s nowhere near the coast, it’s an hour drive to the nearest coast.
    I think non-Australians often underestimate how massive Australia is.

  • @18RZZ
    @18RZZ 7 หลายเดือนก่อน

    The real estate website called, on the house gives you most of those details. Most of the floor plan images should have square metres for the dwelling.

  • @Hochspitz
    @Hochspitz 7 หลายเดือนก่อน

    I live about 70km from Melbourne in the Yarra Valley on approx. 1,700 sq m land, house is 3 bed 2 bath with a downstairs 2 more large rooms, laundry and 3rd toilet. We bought it for $259,000 about 18 years ago and now it is worth about 690,000.

  • @debloui
    @debloui 7 หลายเดือนก่อน

    I live in Australia. The reason you can’t find all the info on the websites is because the real estate agents deliberately give you as little info as possible. No idea why. It’s not like you’ll turn up to an open home, find the house doesn’t meet your needs, and buy it anyway. Also, the prices you were looking out are estimates. Which are usually wrong. And the ones with a price listed is rarely what they sell for. It’s not uncommon for houses to go $50-100k over the listing price. This is what happens when the majority of your country is land that isn’t liveable I guess. And we keep increasing our population every single year (about 400,000+ every year).

  • @carerforever2118
    @carerforever2118 8 หลายเดือนก่อน

    I live in northern areas of Melbourne, Australia. Our 3 bedroom house was built and purchased in the 1970s. Purchased for $30,000, now selling for $500,000.

  • @melolas6
    @melolas6 7 หลายเดือนก่อน

    My first house was an hrs drive south of Sydney. 3 bed 1 bath. Sold it for $$422k, next house was 15mins further south west. Paid $493k. Sold it 7 years later for 1.035 mil. Moved to Western Australia. Paid $750k and 2.5 years later it’s worth $1.2mil. If you want to look at “cheap” houses you really need to look in the middle of nowhere. It’s cheap because no one wants to live there. We are extremely happy in Western Australia. 350 meters from the Indian Ocean which we know would cost millions of dollars in most other Australian states. We live 55min drive from Perth city. The rental market here is the thing worth looking at. I have friends who’ve been trying to get a rental for 2 yrs now. They are on a 6 figure income and have had no luck. There just isn’t much available.

  • @AidanCran
    @AidanCran 7 หลายเดือนก่อน

    Gloucester is not close to the coast. It’s like 2-3 hours away. I go camping there every year from the Central Coast

  • @pambridge3913
    @pambridge3913 7 หลายเดือนก่อน

    Ryan, try looking on the north coast of New South Wales. Reasonable size rural towns as well as lots of country villages. Best wishes from Pam in Grafton New South Wales Australia.

  • @raptattention7242
    @raptattention7242 7 หลายเดือนก่อน

    When you buy a large property the value is in the land.
    The land could be subdivided when you are ready to invest in developing a part of your property as a rental, making passive earnings.

  • @AaronBonBarron
    @AaronBonBarron 7 หลายเดือนก่อน

    "Where's the price?"
    Yeah we feel the same way, real estate agents like to keep prices a secret here, it's infuriating.

  • @Victoria-ov3ge
    @Victoria-ov3ge 7 หลายเดือนก่อน

    Enjoyed watching 🙂👏
    Try WA ( Western Australia) Perth Suburbs, majority of the suburbs are near the coast, all over Australia people prefer nearer the coast. Also click on the floor plan of the house to get the size.
    In Australia our salary is higher compared to some other places around the world, therefore cost of living can be higher too, don’t mean we’re all rich either or have much savings after paying out expenses of living, rent, mortgage, utilities, groceries, etc etc.

  • @graemehodges8387
    @graemehodges8387 7 หลายเดือนก่อน

    Hate to break it to you, But outside the one in Sydney, you looked at everything else you looked at, was very very very regional. The context Longreach is in the middle of the outback, It’s a mining town in the middle of nowhere. Nobody in their right mind would want to live there. Tasmania, the island of the bottom of Australia, is considered pretty regional used to be very cheap. Where we live is a small city, about 60 to 80,000 residents, the average house here now is 600,000 to 700,000, yes you can probably pick up something for around the 300,000 mark however it is pretty much a shit hole. The house we live in three bedrooms two bathrooms in a quiet street. Certainly not posh, 800,000 to 1,000,000. That is a house about 1600 ft.² on a block of land. About 7000 ft.².

  • @stephenrentzsch832
    @stephenrentzsch832 7 หลายเดือนก่อน

    Yeah, land size is important as people like to do knock down and rebuild or extend the house, i.e. the building size might not matter too much but land does...land size also drives property taxes.

  • @tanyaconlan6285
    @tanyaconlan6285 7 หลายเดือนก่อน

    Where you are saying thats the price of the house.... thats actually a loan calculator, that tells you repayments for that amount to borrow. They are estimating price if its not there.

  • @renwillowtoffee
    @renwillowtoffee 7 หลายเดือนก่อน

    My daughter lives in longreach it is a wonderful family friendly community…. Houses prices are crazy!!

  • @SwaaallaFE
    @SwaaallaFE 7 หลายเดือนก่อน

    The price range you had in the search function was 375k-750k. That might not have helped.

  • @aussieanna1540
    @aussieanna1540 8 หลายเดือนก่อน +1

    I moved from the northern beaches of Sydney in a house worth 1.6 million and moved to St. Louis and the same kind of house was 150k

  • @HGills
    @HGills 8 หลายเดือนก่อน

    In domain there are market insights, suburb performance and recent sales when you go into a property and scroll down. It’s not hard, you just aren’t familiar with the website or the way we structure things - it’s Australia not the US. We (Aussies) know how to read the information on the website.

  • @PublicTransportFan___2010.....
    @PublicTransportFan___2010..... 7 หลายเดือนก่อน

    lol, I live in Sydney in Cherrybrook and here the house prices range from 750,000 to 2 milllion USD

  • @sabine.bennett
    @sabine.bennett 7 หลายเดือนก่อน

    The estimated loan amount is not the price of the house, it’s just an estimate. It will likely sell for much more
    The size of the land is more important because the main value is in the land, the house can be changed

  • @claudiamorganvlogs8952
    @claudiamorganvlogs8952 7 หลายเดือนก่อน

    You should check the rentals. Bird cages in sydney are minimum $500 a week.

  • @helenlecornu1651
    @helenlecornu1651 8 หลายเดือนก่อน +2

    Developers and negative gearing as well as overseas investors and short term rentals have all contributed to the price increasing to ridiculous levels.

    • @davidbrayshaw3529
      @davidbrayshaw3529 7 หลายเดือนก่อน

      More like a 40%+ increase in the population in the past 25 years.

  • @WRANGERGAMER
    @WRANGERGAMER 7 หลายเดือนก่อน

    Gloucester is 2.5 hours away from the coast Australia’s population is mainly along the coastline obviously there is houses inland but the majority of people are along the coast in the most populated areas the land is worth more that the house sitting on it

  • @markflint2629
    @markflint2629 8 หลายเดือนก่อน +2

    No bullet holes in the houses thats why they are expensive

  • @AnnaAnnaTT
    @AnnaAnnaTT 7 หลายเดือนก่อน

    house prices are vastly different in different states. And in some country areas the houses can be very inexpensive

  • @channymichelle
    @channymichelle 7 หลายเดือนก่อน

    the calculator is just the calculator. some listings don't give you the sale price without an inquiry. i always take that as a sign they will be a controversial amount for what it is. a lot of the 4 bed 2 bath modern with the small outdoor section for 400k is often developer builds where most of the area is that exact same layout. almost like townhouses but not. they use cheap materials and they often fall apart quickly and aren't good quality. but still wouldn't be bad to own either and better than not being able to own at all. the prices are definitely out of control. the prices are being driven up astronomically and most average aussies wont be able to get into the market. also...longreach is a hole. it was a gorgeous home but longreach has next to nothing in it and high cost of living. I'm from near that area and you pay so much extra for everything because its rural. from internet, electricity, postal services, fuel. everything! its honestly insane living here at the moment. its so bad.

  • @joandsarah77
    @joandsarah77 8 หลายเดือนก่อน

    I'm from rural Queensland and you can get a house under $400K in my area. You went to the outback. It's not the worst place in the wolrd but most people would only move to Longreach for a high paying job. Rent out there starts at about $170 per week so you could move and save because there certainly isn't much out there to spend your money on.

  • @jlirving
    @jlirving 7 หลายเดือนก่อน

    @8:57 It's becoming slowly more popular as Australian new development houses are getting bigger and bigger. Definitely, in the next decade or two, I would imagine it will become more of the norm to advertise the house's SQ size. Really generally speaking land size is everything it's where the majority of the money is concentrated.

  • @Truth-fk3vp
    @Truth-fk3vp 7 หลายเดือนก่อน

    The housing market has gone mad here in Australia .Like Longreach is on a long dessert road to nowhere , its a mining area . But rural places that used to be cheap are now no longer cheap . Its really bad . I now live on a houseboat lol

  • @Rangatology
    @Rangatology 8 หลายเดือนก่อน

    As an Aussie that’s used Zillow a fair bit, both countries websites aren’t that dissimilar, apart from the nomenclature. You’ll find a lot of places won’t have an exact price because compared to the US, we have a very high rate of houses going to Auction.
    Here in Australia, we care less about house size - so long as it has the rooms we are looking for - and more on lot / block size, as we are more outdoorsy by nature.

  • @CHORUSprod
    @CHORUSprod 7 หลายเดือนก่อน +1

    16:01 - all of us in Australia 😭

  • @danielirvine7468
    @danielirvine7468 7 หลายเดือนก่อน

    The average house in Sydney is around 1.4 million
    I recently went to an action about 15 mins away from the cbd and the house went for 4 million and it was a dump in a good area

  • @katebjarno3748
    @katebjarno3748 7 หลายเดือนก่อน

    you need On The House for house historyy in Australia we broght out home two years ago for 250 thou in a lower class suburb and now its valued at 478 thousand and my son kist brought in the same suburb for 620 thousand in qld .

  • @barbaramacdonald4886
    @barbaramacdonald4886 6 หลายเดือนก่อน

    Most Australians can tell whether it’s a 3 x 1 by the size and price. We would can also see that the rooms would be very small and prolly no built in robes

  • @S4R1N
    @S4R1N หลายเดือนก่อน

    In Australia, we value property based on land size, beacuse land is where the value is.
    If it's big enough to subdivide and get 2-3 small homes on there, you've more than doubled the value of that land, it's insane.

  • @dianawhiteley9807
    @dianawhiteley9807 8 หลายเดือนก่อน +2

    We call them roof tiles.

  • @mandoleenebando429
    @mandoleenebando429 7 หลายเดือนก่อน +1

    I bought my house in Australia 7 years ago for 360k it is worth 800k today prices have gone stupid

  • @Sgt.chickens
    @Sgt.chickens 7 หลายเดือนก่อน

    Theres a number of reasons for our housing crisis. Inflation rates. Nimby activity from home owners. Lack of demand for high density residential. Generally high land values due to most areas having good access to shopping and publix services. Land release for development and Development approval in general is Very slow here.
    Wages havent grown bassically at all in the time that both housing prices and Rental prices have skyrocketed.

  • @bobohare6240
    @bobohare6240 7 หลายเดือนก่อน

    Raymond Tce is about 2.5 hrs drive on the freeway

  • @benbrown3862
    @benbrown3862 7 หลายเดือนก่อน

    It's crazy bc you looked at all the rural places. These are very cheap compared to a coastal property. try Sunshine Coast, Byron Bay etc all the tourist hotspots

  • @bobohare6240
    @bobohare6240 7 หลายเดือนก่อน

    Blocks can be purchased and unless the house is remarkable people replace the house after about 40 yrs. So block size is important for that reason

  • @khazbar
    @khazbar 8 หลายเดือนก่อน

    Just had the best laugh 😂 - thank you!!! You saying, "....trying to find a cheap house in Australia...." 😅😂 House prices here are ridiculous!! I live about 65kms from Melbourne (way out in the hills about a 1½-2hrs drive to the beach) & houses in my area for a standard 3 beds, 2 baths, lounge/dining, kitchen & a garage, start at about $650 000 & that's for an old outdated "fixer upper"!!

  • @Domsfun
    @Domsfun 6 หลายเดือนก่อน

    Australia does it per week not per month for rentals. Guide means it’s up for auction and will most likely sell for way more

  • @aussiegruber86
    @aussiegruber86 8 หลายเดือนก่อน +1

    The Raymond Terrace house is an ex commission home, no one buys there unless you are desperate as.
    Imagine the younger generations having to save a 20% these days for a mortgage. My kids probably won’t be able to afford a house.

  • @adamscott3304
    @adamscott3304 7 หลายเดือนก่อน

    my parents bought a 5 bedroom 2 bathroom house with a games room and a 50,000 gallon pool for 200k back in 1998, now that house is worth 1million, property market is screwed. but i would still never leave this country, still the safest and most beautiful country.

  • @rex7486
    @rex7486 7 หลายเดือนก่อน

    "Shout out to anyone from GlouKesser!" 🤣 Also... not much in Longreach...and it's a long way from anywhere.

  • @theGinOz82
    @theGinOz82 7 หลายเดือนก่อน

    Another Reason we don't nessesarily value the house per Sqm is we like to use the outside of it too. City dwellers may value that but most of Australias houses have a good sized yard on a good block. Enough room to play and have a Barby on the weekend

  • @phattravellingdrummer
    @phattravellingdrummer 7 หลายเดือนก่อน +1

    You should check out the Canberra prices

    • @Ozzie3356
      @Ozzie3356 7 หลายเดือนก่อน

      Canberra prices are greed! At Sydney prices for a national bush Capital Territory? Of 500,000 population?
      Your better to buy over the border in NSW, Jerrabomberra,
      Googong and rates are obscene in Canberra because the Chief minister and Labor govt
      and Greens went nuts buying two Red trams,
      cut down trees and ripped up the roads for the tram tracks.
      An expensive elephant
      ratepayers are paying for now.
      Now the ACT govt has been eating into the Health and Education budget and funding to pay the huge loans that morphed into a nightmare with global inflation and interest rate rises???
      People have got out of the ACT moved to NSW
      or moved inter State.

  • @fangerdanga
    @fangerdanga 8 หลายเดือนก่อน

    I think the median house price in Sydney is somewhere between 1.1 to 1.3 million.

  • @terrilee68
    @terrilee68 8 หลายเดือนก่อน

    Yes still watching
    It’s tuff Lucky to be able to buy close to major cities
    I’m in western Sydney 😱
    Seen houses go for 8-900 thousand
    The renting/ leasing is in real Crisis
    A tin granny flat is around 3-400 a week.
    Family size home around $650AUD a week
    Depending on the area you choose to live in
    There isn’t enough housing to accommodate the growth of any given suburb

  • @OutAndAboutwithDi
    @OutAndAboutwithDi 8 หลายเดือนก่อน

    We sell a house based on bedrooms, bathrooms and landsize. You guys sell be square footage. Average house price in Sydney is $1m

  • @ILUVTZN
    @ILUVTZN 7 หลายเดือนก่อน

    490 square meters is land size not living space, and prices are mostly based on land size and obviously location….

  • @ethkuliyan4536
    @ethkuliyan4536 8 หลายเดือนก่อน

    In Australia you only buy a lease on the land and the crown retains ownership unless you are lucky enough to have a family freehold lot . Leasehold does not give you mineral rights to the land either .

  • @penitent2401
    @penitent2401 7 หลายเดือนก่อน

    Remember, Australia is about same size as the US, so that last house like like days drive from nearest city

  • @MrMomo182
    @MrMomo182 8 หลายเดือนก่อน

    The block size matters as developers will demolish the house and build bigger.

  • @caelhickman5992
    @caelhickman5992 8 หลายเดือนก่อน

    Forster!! I manage the pub there called the Lakes and Ocean Hotel! Live 20 mins out of town at Tallwoods Village! Hi from Aus

    • @caelhickman5992
      @caelhickman5992 8 หลายเดือนก่อน +1

      Also, Gloucester is where I grew up, it’s pronounced Gloss - Ter

    • @Alicia-ij6gt
      @Alicia-ij6gt 7 หลายเดือนก่อน

      Forster-Tuncurry is a very nice place indeed. I recall when I was a kid many decades ago, you could get land there for about $13k. I wish I could have afforded some back then. Mind you, I’ve still done quite well buying a home in Sydney.

  • @eufrocinawakley2243
    @eufrocinawakley2243 7 หลายเดือนก่อน

    Ryan, houses here aren’t cheap. Sydney is the second most unaffordable housing in the world. People joked you have to sell your kidney to buy a house here in Australia. My hubby and I are lucky to built our house for just $125k years ago and now worth $1.5 m. Location here is very important if you’re buying a house. Those houses you’re looking at are good for a holiday home.