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Cheapest House In Sydney? 2024 Edition 

EEVblog2
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Finding the cheapest house in Sydney, 2024 Edition.
2023: • Finding the Cheapest H...
2022: • Finding the CHEAPEST H...
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#Realestate #Sydney #House

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25 май 2024

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Комментарии : 108   
@SantaClaw
@SantaClaw Месяц назад
In Oslo, Norway, there is a flat built in 1890, with about 130k aus worth of renovations before its livable for sale for 900k aus. House prices are insane just about everywhere.
@IanScottJohnston
@IanScottJohnston Месяц назад
Aberdeen City, Scotland, UK, 3-bed detached for sale: Most expensive = £1.6M Cheapest = £130k
@ofr57
@ofr57 Месяц назад
I love it how most lawn area's are photo shopped
@SeanBZA
@SeanBZA Месяц назад
Here teenage retreat is called granny flat, which often enough is rented out as separate, so that you can also get income from it, and the main house also is a rental. Up to 8 on one property I have seen, so the owner makes a pretty decent profit each month from the rental. Battleaxe is called a panhandle here, from old properties that were subdivided into 2 pieces, as the original house was typically built on the front third of the property.
@sylvesterpiousv
@sylvesterpiousv 8 дней назад
Awesome content on your channels and forum. Couldn't resist commenting when you said Baulkham Hills ;D Been calling that suburb home for a few years now! Thought you must be based out of the US given how you are always talking US prices and how damn hard it appears to get a good deal on scopes here in Sydney!
@SidneyCritic
@SidneyCritic Месяц назад
13:11 You should look at the floor plan for sizes, ie, the pics make it look bigger, because 2.6m x 3.6m isn't very big for BED 2/3. My friends house in Yagoona was the same size in sq - 2 bed is norm for old houses - as another friends 4 car garage he was building - lol -.
@zlac
@zlac Месяц назад
I bet all those "don't buy a home, you should rent and invest the difference" people from 5-10 years ago are not very happy with this situation. My friend is angry about it. I bought a house 9 years ago, he rents. His rent caught up to my mortgage like 4 years ago, and it's much higher right now! He's already "in negative" while I "reprogrammed" the mortgage into a normal loan (not a mortgage anymore)! I don't know what should people do right now, it's probably impossible to buy a home for a normal person anymore, it's absolutely ridiculous!
@EEVblog2
@EEVblog2 Месяц назад
Would only have worked if you put the money in Bitcoin and HODL'd.
@Pippo.Langstrumpf
@Pippo.Langstrumpf Месяц назад
But these houses are built cheap as crap!? How can they be that expensive?
@BobOgden1
@BobOgden1 Месяц назад
It's all land value. The house is actually a negative value because it needs bulldozing
@marcogenovesi8570
@marcogenovesi8570 Месяц назад
supply and demand. There is huge demand for houses, not many are built
@MrKillswitch88
@MrKillswitch88 Месяц назад
Welcome to the 2020s where everything turns to crap.
@alch3myau
@alch3myau Месяц назад
How much copper is in it?
@MatthewSuffidy
@MatthewSuffidy Месяц назад
If you were by transmission lines, would it work to put a coil in your attic and try to couple the towers for power?
@EEVblog2
@EEVblog2 Месяц назад
You'd get so little power it's not worth it.
@TrickyNekro
@TrickyNekro Месяц назад
You think Sydney is expensive, you have to see the prices in Germany... And we are already in a recession right... We'll see in a couple years...
@DavidTelesPortugal
@DavidTelesPortugal Месяц назад
Seeing this and I just think how? In Lisbon, on the suburbs if you want a semi detached house with 300 square meters you are looking to 600k to 700k euros. The average income of the country is near to 1k a month. And seeing those houses makes me cry of how cheap they are
@00Skyfox
@00Skyfox Месяц назад
How tough is it to find a house on about 100 acres in the outback at an affordable price?
@dj_paultuk7052
@dj_paultuk7052 Месяц назад
Converting those prices into GBP, i have to say they are pretty much the same as my town in Reading UK. 35 Miles west of London.
@michelle5for
@michelle5for Месяц назад
Less than Half the population and 30 times bigger though
@LawpickingLocksmith
@LawpickingLocksmith Месяц назад
A new form of dumpster diving? Still affordable in Wilcannia, more guaranteed sunshine too!
@Zanzubaa
@Zanzubaa Месяц назад
Damn, that's alot of dough if you're looking to buy your first family home. It feels more and more that we need to move as much out of the city centres as possible and spread it out. I thought work from home might help but it did'nt turn out to be as long term a game changer as I hoped.
@Nonsensecodon
@Nonsensecodon Месяц назад
2:04, did Dave misspeak or is that some subtle joke about North Sydney?
@johncarlaw8633
@johncarlaw8633 Месяц назад
a joke with several permutations origins hidden in the mists of time.
@savagemadman2054
@savagemadman2054 Месяц назад
I just had a look in my city - cheapest detached house for sale is $1.15m CAD ($1.27m AUD). It's a two bedroom house built in 1944 that's smaller than my 1 bedroom condo. Looks like a former military PMQ and likely has city planning restrictions that make rebuilding difficult. It's next door to the airport, has no dedicated parking, and has no retail stores in walking distance. I cant imagine wanting to live there unless you happen to work at the airport. A typical house in the city is more along the lines of $2.5m. At the other end of the spectrum, most expensive listing is currently $6.38m, though I'm aware of a listing in the recent past that sold for $13m. Condos look to start around $350k for an older (1950s-1970s) single bedroom in a wood frame low rise - there is quite a few of them at that price. Concrete building units start around $500k.
@EEVblog2
@EEVblog2 Месяц назад
Similar to Sydney, expect ours can go into the $100M category. Almost $2M median.
@dolbyman
@dolbyman Месяц назад
Surrey BC Canada .. same same detached housing (tear-down state, so land only) is CAD 1 Million, if you actually want to live in it (and anywhere close to transit) 1.8Million CAD or more. Anything closeish to Vancouver City 2.5 to 3 Million CAD, for something livable
@stragulus
@stragulus Месяц назад
TIL hills hoist are an aussie invention, they are (were?) quite popular in the Netherlands as well. In terms of housing prices, 750k AUS$ only gets you a free standing house in a small village here, and it will typically be a fixer uppper as well. Either structurally, or last updated in the 70s or 80s. In small cities it's already very rare, and anything big, not going to happen.
@cilviademo
@cilviademo 28 дней назад
they sell well above the auction guide price
@MrKillswitch88
@MrKillswitch88 Месяц назад
In a few years they'll wonder why people are not having kids while ignoring crap like this.
@one4stevo
@one4stevo Месяц назад
Western Sydney gone crazy. St Marys is going to be one of the first stations from the new airport guess that's also pushing up the value too in that area.
@markharwood
@markharwood Месяц назад
Here's a video idea - go and squat in one of those houses and see if you can survive for a week without being attacked :)
@ShtopoRrr
@ShtopoRrr Месяц назад
Lucky you, only 700k. In Switzerland, better not even think of something similar for under 2 MILLION
@fbnx4219
@fbnx4219 Месяц назад
Yeah but in Switzerland you get a real house. None of that cardboard construction rubbish.
@marcogenovesi8570
@marcogenovesi8570 Месяц назад
@@fbnx4219 You get it if you can afford 2 millions, so maybe you don't get it
@19CW86
@19CW86 Месяц назад
How much it costs to build a house in Sydney?
@EEVblog2
@EEVblog2 Месяц назад
Not entirely sure, but I think it's at least $500k minimum
@Boffin55
@Boffin55 Месяц назад
Wow, cheapest I could find here was just under C$1m, and that's 30km from downtown.
@nikkicarlson8511
@nikkicarlson8511 Месяц назад
No chance most of them are going for those prices, when I was looking a while ago you over what they are asking then they tell you you're dreaming. It's just a marketing scan to get more interest, they're looking for 100k more than asking
@EEVblog2
@EEVblog2 Месяц назад
Nope, I searched the sold price too in the last 3 months, found a few that sold for under $650k
@TheLaurentDupuis
@TheLaurentDupuis Месяц назад
It's cheap if you compare to Singapore !
@shreddz
@shreddz Месяц назад
Only people I've known from western sydney consider western sydney "sydney". Lots of commuters move north/south since they don't want to spend half their life on M2/4/5. A lot of what I used to go to the CBD for moved out to Parra. And I'm sure it's gonna move west again in the next decade, with the new airport coming in. That 'three city' plan that seemed laughable might actually happen.
@EEVblog2
@EEVblog2 Месяц назад
The entire Sydney basin is "Sydney". When you tell someone overseas where you are from, you don't say "western Sydney", it's just "Sydney".
@calholli
@calholli Месяц назад
I bought my house for $15k and haven't paid rent or mortgage for over a decade. lol. I don't know why everyone likes to pretend that they MUST have a new house.. There is land around here going for 4k per acre.. We were looking at 26 acres for $100k. (no house). But that's out in the country a bit, which is where I want to be. lol. I'll never buy anything inside city limits again. (Oklahoma USA, btw)
@joeambly6807
@joeambly6807 Месяц назад
Okay so you bought in the middle of nowhere at the low of the market, consider yourself lucky. Many of us want the opportunity to own but have been priced out, it has nothing to do with "needing" a new house when the options arr limited.
@calholli
@calholli Месяц назад
@@joeambly6807 I wish it was in the middle of nowhere.. But no, I'm still in city limits.. and I hat3 it. lol
@Narwaro
@Narwaro Месяц назад
Good thing that australian pesos arent worth that much ;)
@UrbanistBlooms
@UrbanistBlooms Месяц назад
It's disappointing to hear from you blaming immigration on the housing crisis. I hear this crock of crap constantly in Canada, It's a global phenomenon, and in our Commonwealth countries especially, a lot of it is to blame on exclusionary zoning (preventing the construction of anything other than single family detached homes) and retail/institutional investors. Pricing is raising far faster than immigration and they're often too lower income to buy homes (especially as these stupid prices that none of the younger generation can afford)
@robertklep
@robertklep Месяц назад
Totally agree, same here in the Netherlands. The market has been ruined by large investment cooperations (yay capitalism), zoning issues and a lack of smaller homes for the elderly (which don't make enough profit for builders, so they simply aren't being built) that are now stuck in their too-large 3+-bedroom houses with basically no where else to go. And because of increasing prices, property taxes also rise (much to the joy of municipalities), which is another hurdle to overcome for young people looking to buy a house. But all that is too complex for a lot of people to understand, so they resort to blaming immigrants.
@GeorgeGraves
@GeorgeGraves Месяц назад
Dave pretends to be Lous Rossman.
@LawpickingLocksmith
@LawpickingLocksmith Месяц назад
Yeah but he needs a few cats for his chicken dinner...
@GeorgeGraves
@GeorgeGraves Месяц назад
@@LawpickingLocksmith He even copies the font/color of his thumbnails. The dude is is idiol.
@LawpickingLocksmith
@LawpickingLocksmith Месяц назад
@@GeorgeGraves Same yellow font. But Louis is now using too many F words. He needs a wife besides his cats. Dave still has some humour with Bob 's your uncle!
@GeorgeGraves
@GeorgeGraves Месяц назад
@@LawpickingLocksmith I wonder if someone could re-edit all of Dave's videos with a voice pitch shift software, reupload them, and get more views. :)
@Stone177
@Stone177 Месяц назад
Stay away from BlackTown
@EEVblog2
@EEVblog2 Месяц назад
Nothing wrong with Blacktown.
@RoderikvanReekum
@RoderikvanReekum Месяц назад
Housing crisis in the Netherlands as well, and it has nothing to do with immigrants as well. This is quite affordable if you compare with prices in Amsterdam centre, and who wants to live there, it is a disgusting city, Sydney must be much better.
@IanScottJohnston
@IanScottJohnston Месяц назад
A 30,000 square feet mansion which boasts royal links "Dalhebity House", in Aberdeenshire, Scotland, has a small lake, tennis court, woodlands, spa complex, swimming pool and housekeeper’s accommodation. The eight-bed house situated just 7 miles from Aberdeen International Airport - £7.5M
@LawrenceTimme
@LawrenceTimme Месяц назад
Yeah but you have to live in Scotland. Practically a 3rd world country with awful weather and tinpot government.
@EEVblog2
@EEVblog2 Месяц назад
That's wouldnt' even buy you some apartments in Sydney. Even my business park has paprtments at AU$2.5M
@TriodeTetrode
@TriodeTetrode Месяц назад
​@@LawrenceTimme Why do you call Scotland as third world country? Most people/countries in the world live in worse conditions. Bad weather is relative. Some people don't like cold, some do. When it comes to government I think no matter where you live everyone thinks their government is the worst. Also don't forget that nobody can choose in which country they are born.
@IanScottJohnston
@IanScottJohnston Месяц назад
@@LawrenceTimme With all my heart and all my being I absolutely LOVE Scotland and am so glad I was born and raised there. Each to their own though.
@therealsunnyk
@therealsunnyk Месяц назад
We wouldn't have car accidents if the cars didn't move, but no one wants to talk about that do they!
@TriodeTetrode
@TriodeTetrode Месяц назад
Genuine question. How do young people nowdays even can afford their own home with these prices? Do you earn in Australia like 100k+ year easily? Here in north east europe house prices crazy as well. They can compete even with your Sydney prices. Not sure where the world is going to.
@EEVblog2
@EEVblog2 Месяц назад
They can't. It's probably the #1 political discussion in the country at the moment.
@TriodeTetrode
@TriodeTetrode Месяц назад
@@EEVblog2 It seems to be everywhere in the world. Our problem here is we got hit by inflation way more than rest of the europe/world. We had 20% inflation in one year. Compared to 2019 I don't even know how much inflation has gone up, I think like 30-35% maybe, it is crazy. I think Turkey have like 100% inflation since 2019.
@KeritechElectronics
@KeritechElectronics Месяц назад
​@@EEVblog2 not just Australia. Poland, the States, anywhere you think. It's one of the social issues that pisses me off the most at the moment. There's just a huge speculation bubble driven by rich-ass landlords owning multiple real estates and dictating the rental as well as sales prices, and flippers buying old people's houses/flats after their previous owners died, renovating them (usually on the very cheap) with reselling or rental in mind. Living space has become way too commodified, we desperately need council-owned housing.
@landspide
@landspide Месяц назад
It's a strange market dynamic, you need buyers to meet the expected price. People are dead set fn lunatics.
@williammentink
@williammentink Месяц назад
​@@landspide It has to be the DINK's doing this. Spend one of their entire income on housing and live off of the other one. Nothing else makes sense.
@backgammonbacon
@backgammonbacon Месяц назад
Australian household income is among the highest in the world, your cities are world class so its not really surprising homes are expensive. Your chart of prices also shows the fact that Australia spectacularly avoided the credit crunch which is another reason. All our countries populations have increased massively in the last 40 years and our governments have done nothing to prepare for it or solve it after it happened. These houses are £3OO K in the UK money, the equivalent sized house in London would cost you £1+ million. So prices in Sydney still got a way to go lol. Lol those new builds look amazing to me in the old dark. Your chart doesn't even show house prices going up by more than inflation so you are coming across more like an old man that doesn't understand why prices increase...old man shouts at clouds vibes. Lol 1970/80's houses are still new to me!
@EEVblog2
@EEVblog2 Месяц назад
I think you missed the part where the median Sydney price is getting close to $2M.
@MrKillswitch88
@MrKillswitch88 Месяц назад
40 years and the world will be dealing with a population collapse mostly from old age given how terrible the demographics are.
@kjlovescoffee
@kjlovescoffee Месяц назад
6:40 Disappointing to see new builds still come with gas.
@lkpxml8124
@lkpxml8124 Месяц назад
Gas is cheaper and it is advantage
@kjlovescoffee
@kjlovescoffee Месяц назад
@@lkpxml8124 Doesn't help when you need boatloads more of it. Your comment would be fair if Dave hadn't done the numbers on this very channel. ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-iavM2IqueM8.html - he didn't even take into account the cost saving on gas supply charge. It's just not comparable.
@calholli
@calholli Месяц назад
All houses should be built for every option that is available.. so that you have a choice what you want to use... It's easy to throw a few pipes in the walls when you're building it.. It's doesn't cost much. But once it's built, if you want to add gas later-- it costs a lot more and is a lot more invasive. You don't have to use it if you don't want-- but it should still be installed.
@marcogenovesi8570
@marcogenovesi8570 Месяц назад
why is that bad? It's an option you can use, there is nobody punching you if you decide to shut it and go full electric
@savagemadman2054
@savagemadman2054 Месяц назад
They've talked about banning gas where I am - but all motions to set a date so far havent passed. Gas is just so much cheaper than electricity that they dont have much initiative to do it.
@igorzkoppt
@igorzkoppt Месяц назад
You know, watching the exact same situation and the exact same tendency in most EU countries, in the USA etc., and since a large chunk of the economy depends on the housing bubble, I suspect that the worldwide pro-immigration policies are designed to cause this housing crisis. And keep the prices growing.
@pileofstuff
@pileofstuff Месяц назад
I'd say house flippers, AirB&B "hosts" gobbling up multiple houses, and other vulture landlords are a significant contributing factor.
@igorzkoppt
@igorzkoppt Месяц назад
@@pileofstuff Indeed. Everything that keeps the prices raising is left a free rein in general, or pushed.
@sefarkas0
@sefarkas0 Месяц назад
Hardcore electronics - gone, now we get real estate noos
@EEVblog2
@EEVblog2 Месяц назад
Read the description for the 2nd channel. And I've been doing real estate videos for over a decade.
@SeanBZA
@SeanBZA Месяц назад
@@EEVblog2 Yes really nice to see more than the same old, and Dave is pretty much good at explaining this market, without actually being an agent. Do think he could actually make it as an estate agent, and do well as side line as well, with all the years of knowing the city areas.
@TriodeTetrode
@TriodeTetrode Месяц назад
@@EEVblog2 I like that you make something different from time to time ;)
@EEVblog2
@EEVblog2 Месяц назад
There is even a playlist, but I only seem to have the recent videos from the last few years in it: ru-vid.com/group/PL24OiKqd2iN8rAwAikuQ1_AsppJQ383IP
@TriodeTetrode
@TriodeTetrode Месяц назад
@@EEVblog2 I have seen most of them ;) And it is really interesting to see Sydney real estate since I live in europe.
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