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Today's quote:

Thursday, March 31, 2022

How much for the other 25,000+ square metres?

Click on image to enlarge


I'm waiting for a couple of sales to set the price for "Riverbend". At one end of the scale is nearby 3 Sproxton Lane, advertised at $2,100,000 to $2,300,000; at the other end is 116 Snapper Point Road which seeks "Expressions of Interest" at around $5 million, with 183 Annetts Parade, Mossy Point somewhere in the middle.

We will keep guessing what "Riverbend" is worth until a buyer comes along who pulls out a cheque and completes the line "the sum of ..."

In the meantime, there is www.realestateview.com.au which, given a specific location, will crunch some numbers to come up with its best guesstimate. In the case of "Riverbend", it got the photograph right but came up with only $2,400,000 to $2,600,000 for the 3,617 square metres on which the house is standing. Please, how much more for the other 25,000-plus square metres, dear www.realestateview.com.au?

Now go and try it out on your own place: click here! (Des, for you I have this special link, because no-one cares about Adley Road in Fairfield CT)

Googlemap Riverbend


P.S. Early May, and it seems that 3 Sproxton Lane has been taken off the market.