Day: October 10, 2020

What Hurts Property Value? 8 Things to Address Now

Property values fluctuate as a result of many factors, and as a homeowner, it’s important to be aware of factors that can drive home value down. Some of these factors are out of your control, such as market conditions, interest rates, and the economy, while others are very much in your control. From unappealing renovations to neglecting maintenance on your home, some projects, or lack thereof, can negatively impact your property value. It’s best to be aware of what hurts property value so you can protect your home and get the most ROI when it comes time to sell.

1)

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Sydney auctions: families break bank for homes – just to bulldoze them

Auctioneer Andrew Cooley at a Kyeemah property that sold for $435,000 over reserve.


Dated houses on large blocks attracted spirited bidding at auction this week amid “buoyant” buyer demand in the detached housing market.

More than 800 homes went under the hammer across Sydney this week and preliminary indicators showed about 70 per cent were a success for the sellers.

Standout results included a two-bedroom house in Kyeemagh in the St George area, which was snapped up by a young family with plans to bulldoze it.

The family paid $1.46m, $435,000 over reserve, for the Jacobson Ave house, beating out

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