What makes point piper more expensive than Bankstown?

Blue_boost

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What makes point piper more expensive than Bankstown? What makes one suburb more expensive than than another?

we could say the houses and better quality, bigger? But proportionally the square metre rate of land is way off, the houses aren’t proportionally more expensive, the values are all over the place?

it’s almost impossible to work out why a blade of grass is worth more in point piper than Bankstown or why one suburb is more expensive than another even when they have similar size homes and land..

We could say there is flood risk or bushfire danger but for many suburbs this isn’t a factor one being more dangerous than another??

could it be? But could it be that one suburb has more renters than another dragging down the values? No body wants to live where there are drunks screaming every night or fist fights out on the street?

could renters be driving the disparity in property values suburb to suburb?
 

King Gus

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Honestly nothing is cheap or better, every year we have records broken.
Just the start of the year a house in greenacre sold for 2.7 million what a joke.
Average house in bankstown is 1.2 million
And it’s only going up.
Point piper is just nicer in general.
 

Kelpie03

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What makes point piper more expensive than Bankstown? What makes one suburb more expensive than than another?

we could say the houses and better quality, bigger? But proportionally the square metre rate of land is way off, the houses aren’t proportionally more expensive, the values are all over the place?

it’s almost impossible to work out why a blade of grass is worth more in point piper than Bankstown or why one suburb is more expensive than another even when they have similar size homes and land..

We could say there is flood risk or bushfire danger but for many suburbs this isn’t a factor one being more dangerous than another??

could it be? But could it be that one suburb has more renters than another dragging down the values? No body wants to live where there are drunks screaming every night or fist fights out on the street?

could renters be driving the disparity in property values suburb to suburb?
Hype or to put it more simply the BULL SHIT that is fed to the public.
 

Memberberries

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Hype or to put it more simply the BULL SHIT that is fed to the public.
Gentrification is coming to the Canterbury-Bankstown line!

I know a few Colombians who live at Campsie.
I heard a girl speaking Portuguese at Punchbowl station yesterday.

Oh yes the area is slowing changing and for the better if more Brazilian and Colombian move in!
 

Bob dog

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The poshathons prolly like their harbor views so what, get your old XT600 out to Menai and not give a fuck.
 

John Matrix

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The more important question is which area has better food
 

GoTheDoggies

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I have analysed the property market in Sydney and it comes down to proximity to the following:

CBD, education - school/uni, housing commission, immigrants, bogans, renters.
 

Packy

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Distance from CBD. Amenities. Water views and access. Same shit all over the world mate
 

B-Train

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Another quality thread.. It has nothing to do with the harbour views or being in the Eastern Suburbs...
 
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