Looking at a house in Sydney has become a very dangerous act, with the dilapidated and perilous properties listed on sale, and real estate agents even requiring potential buyers to sign disclaimers before they look at the house.
Many of the dilapidated houses on the market are in such a bad condition, such as shards, shaky floors and ready-to-drop ceilings, and agents sometimes simply refuse to bring these obsessive buyers to the house.
More than 900 homes are expected to go on sale today, claiming to be the largest weekend auction of the year, including one in Sutherland
Shire's uninhabitable farmhouse-style house, covering an area of 1680 square meters, located in Mulyan Rd
On the 28th, now vacant, McGrath agent McChrystal (Nigel McAllister) described it as "nauseating."
"there was a bad smell of corruption in it," he said. "it had been robbed and ransacked many times. The police even say there will be no problem with illegally occupying property owners because they don't even want to live here. "
McChrystal said the house was overgrown with weeds and other clutter, and most of its structure had been destroyed by termites. It's dangerous, but one of the biggest dangers is a hole in the floor.
The property was auctioned at 02:15 for between nine hundred and fifty thousand and 1.04 million yuan, but only reflected the "value of the land."
Earlier in the day, a shabby house in the Nexi district was also auctioned, but Jay, Harris Tripp's agent, took part in the auction.
King) said the seller's lawyer had instructed that buyers should not be allowed to look at the house. He says it's in Old Canterbury Rd, Dulwich.
Hill two-bedroom stand-alone house, price guidance price is 1 million yuan, there is a "security risk."
"the floor was badly damaged and people might fall."
A similar situation exists at Newtown, where West (Damien West), an McGrath agent, said the house could only be seen when he was 16 years old and signed a disclaimer.
Set at Queen St 48, wear tight shoes when looking at the house because there are holes in the floor, collapsed ceilings and piles of waste.
The price guidance price is 1 million yuan, and interior designer Alex showed interest by (Charles Alexiou), but admitted the renovation will be difficult. "it's like watching a freak show. It's ugly, but you can't turn a blind eye." "it needs to be completely renovated from top to bottom," he said. "you can do cost control, but it still costs hundreds of thousands."
After a small rebound in Sydney's housing market, these dangerous properties began to enter the market rapidly.
Sydney's auction liquidation ratio, usually a good indicator of market heat, climbed to a strong 75 percent level last week, down from about 55 percent at the end of last year.
The rally, though modest, also allowed some sellers to earn surprising auction prices. Last week, a dilapidated property in Victoria St, Dulwich Hill, sold for four hundred and twenty thousand yuan above the guaranteed price.
As many as 25 buyers registered bids, the property paint fell off, felt wear and tear, as a result of the sale of 1.37 million yuan price.
The rebound in Sydney's housing market was due to a fall in property stocks during the summer vacation.
But the number of properties to be listed for sale in March suggests that this form of rebound is likely to be short-term. (Peter Kelaher), a buyer's supporter, said the high level of inventory in the property market showed that buyers would have a better chance of entering the market than they did last year.
"almost everyone gets a better price this year than at the beginning of last year," he said. For sellers, things have changed because buyers are more hesitant about buying and are not ready to buy beyond the guaranteed price as they used to. "