/biz/ - Business & Finance

>>54429881
> Victoria
ngmi

And geez the little cute tourist rural town a hour away from the Melb CBD is overpriced

It's like if you wanted to buy a house in Bowral which is about hour and half from Sydney CBD. It's also crazy overpriced for again being the little cute tourist rural town

You need to buy in a shithole rural town where it's majority abos or drug filled bogans if want the cheap countryside or you need a vacant block of land and eat up the building costs.

>>54430253
>a shitty hut one hour from a city is worth $600k because of muh cute tourism
kys

>>54430296
it's the land too, if it was just a house on the side of the road with no land it would probably only be worth 300k

Canadian and Australian real estate is so fucked, I don't understand how countries so sparsely populated can be so expensive.

>>54430321
Your real estate market is open for speculation to the entire world.<div class="xa23b"><span class="xa23t"></span><span class="xa23i"></span></div>

>>54429881
the eu is literally paying people money to move to to the countryside and start families and its not working. ppl love cities too much, even the larpers on this site

>>54430383
That's also true and I don't think people touch on it, you can acquire property over the internet and with people in that area more efficiently than you could in the 90s

>>54430296
You're the one looking for property, besides tourism, add in a bunch of people who already went and brought the cheap rural properties at the start of covid with WFH. Go check the average price history and let me know

>>54430396
Picrel<div class="xa23b"><span class="xa23t"></span><span class="xa23i"></span></div>

>>54429881
Lmao that can't be real

>>54429881
1.1km2 of land lmao that's unironically cheap. In the suburbs my parent's live in a block of that size would be 4 few million.

>>54430446
https://www.realestate.com.au/property-house-vic-woodend-141296260
sneed

>>54429881
kek look it up on google maps. there isn't even a sealed road going to it. i highly doubt it has mains gas or sewage.

>>54430321
>I don't understand how countries so sparsely populated can be so expensive
They make it illegal to live on a lot of property. So, even if you're in a nice comfy campervan or have some prebuilt self-reliant offgrid shipping-container home, you will be fined or even thrown in gaol if you live there. You can pick up a paddock in the middle of nowhere for $10,000 quite easily. You're literally just only allowed to graze cattle on it and other farm bullshit. Basically local zoning laws force people to live in $500,000 apartments in the city when a good 90% of the country is completely uninhabited.

Why is it like that? Our country is a puppet on the USA, so we're not allowed to get too powerful, making the useless interior liveable would hurt their position. Similarly, the internal elements want to be able to do mining operations and fracking more easily, they have laws where they're just allowed to come onto your property and test, nothing you can do about it. There is a whole movement called the Lock The Gate, where farmers actually make it difficult for companies to do this, but the police come with bolt cutters and let them on the property.

There’s lots of land there tho by the looks of it. Besides, WFH has shrunk the gap between rural and urban real estate prices.

>>54430487
there is also the fact that no one actually owns any of the land on which they live in this county. it is all owned by the government. got a farm, yep that is a pastoral lease, the land where you have a house, that is a freehold lease. Yeah you get some pretty good rights associated with being the lessee, but at the end of the day the government owns it and they can take it from you whenever the fuck they like.

>>54430475
Do ozzie cunts really?

I hate westoids so much its unreal

>the entire world should be allowed to bid on our houses, because I want my bags to pump 3x

And now your country is fucking dead. Congrats, boomer.

>>54430692
I live in a pricey town, and businesses are fucking dying here because no low level wagies can afford to move close and pay the baseline $600+ rent.

Launch boomers into the sun

>over half million for a crack shack
Is this cherry picked or is this a common thing out there?

>>54430692
Kek is that nicocaco whatever his fat fuck is

>>54430810
Common Aussie property prices. Unironically. Market is completely fucked right now, unironically know multiple people planning a move overseas because of it. Me included. Funnily enough one friend is moving to Canada in a couple months citing how bad the property market is, dont think they did any research on Canadian property lmfao

yeah this country is fucked mate, it took you this long to realize? the chink invasion cant come sooner honestly.

>>54431367
I'm hoping the interest rate rises would cause prices to go down since, you know, cunts can't borrow a million for a mortgage because there isn't a lot of people on $150k a year and able to pay it off. But lo and behold, the prices are going up again even though we're staring at about 0.5% increase this month and next month.

Probably has something to do with the fact the government just brought in 400k people last year and is trying to beat that record this year and next with 900k cunts from the third world.

I don't know ow where it's politically advantageous to have your citizens being priced out of the property market in their own fucking country, but the average australian is retarded enough to vote for it again and again.

Nigga australia is always going to be expensive because of chinese migrants and what not. Rural poland is cheap

cross the border into our country illegally and squat on abandoned land in a log cabin somewhere, or just get a plane ticket here and never leave

watch videos of people driving through the us, there are entire towns that are abandoned, if you have a decent amount of cash liquid you could just disappear here, buy a decent amount of shit, and just start a homestead on abandoned land

that or buy a boat, and sail literally anywhere other than aus, because it's totally over there

>>54431713
>>54431719
shit makes me so fucking jealous.<div class="xa23b"><span class="xa23t"></span><span class="xa23i"></span></div>

personally, if I was aus, and I didn't want to break laws I would just go to sea, it's like 100x cheaper, what are you waiting for, you get harems of brown girls with like a 2 hour boat ride

>>54430543
You literally own nothing in Crown shitholes lmao.

>>54431751
you might be shocked to realize that many americans even on this board consider this "flyover" and prefer paying near aus prices instead

>>54429881
>$561 per square metre
1st grade Thassos white marble isn't even that expensive per square metre

>>54430810
Aus property is 100% based on the land value

Even vacant land can be worth millions

>>54431899
Checked and yeah land for new subdivisions is in the $2,000 a sqm metre range. For a tiny block.

There's a block nearby going for about 900k range and it's vacant, only difference here is at its flood affected but you get DA approved plans for a apartment and two offices. Some idiot brought it two year ago, got the plans approved and now flipping it as a development ready site. Which in turn is retarded cause construction costs are blown the fuck out too.

Who's fuckin posting shit from the macedon ranges, I live there
Post about somewhere else ok thanks

>>54429881
Too late boys, you should have bought'd when you where busy complaining about there being no preinstalled ice maker in the kitchen.

>>54431803
>1st grade Thassos white marble isn't even that expensive per square metre
Good observation. High brow. Not low brow like the rest of biz.

>>54431713
>>54431719
I have extended family who moved back East there, from Oregon. Now I know why, holy shit.