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okmijn42

2 Reviews0 Questions0 Answers

Reviews

Newtown

"Convenient location but overpriced"

Newtown is a trendy suburb less than 2km from the Sydney CDB popular with renters.

Netwown is currently overpriced and will slowly trend downwards in the next couple of years.
Buyers will find better value elsewhere in the current climate.

Great for

  • Public Transport

Not great for

  • Parking
  • Overpriced

Who lives here?

  • Professionals
  • Singles
2
Hoo

Yikes! Lets all band together to keep prices high in order to price losers that have clearly never been here out of the market and out of the suburb!!

Hoo

Hehehe, I've just realised you can see other reviews people have done. Yagoona gets your 5 stars. Too funny. Off ya go then, enjoy.....ummm.....the adrenalin rush???

Megazord

You are right Hoo. This commentator has an axe to grind. The glowing review of Yagoona gives the game away. He/she probably tried to move closer to the city and found that although $500,000 buys a three or four bedroom house in Yagoona, it doesn't go far in Newtown. Probably couldn't afford a one bedroom unit and has posted this comment as a spoiler without any authority or expertise to analyse the market. Fat chance. Things are likely to go the other way and more people want to come in from the cold of the 'burbs.

Hoo

Incorrect or malicious ratings with some crystal ball comment on price trends. People don't move here for property value, they move here for lifestyle. There is much more to life than your property value.....like being in a location to actually have a life.

okmijn42

Commented on this suburb back in Feb 12

Newtown is down 10%

Feb 12 = $805,000
Apr 12 = $725,250

And Yagoona is up 9.3%

Feb 12 = $460,000
Apr 12 = $503,000

http://www.rs.realestate.com.au/cgi-bin/rsearch?a=sp&s=nsw&u=newtown

kineticSyd

No, you're wrong. Those results are skewed, go have a look before you start posting crap.
Someone posted a 'land' sale for $20k, and another for $5k. Notwithstanding - neither of those addresses are vacant land - they're bogus entries. Given that there's not many sales for just the single suburb, those entriess will bring the median price down considerably.
I haven't investigated too far (I'm not interested) but of course the prices in Yagoona are going up. You squash 3 generations of refugees... sorry... 'new Australians' into a 4 bedroom house and half of them pay off the mortgage using Centrelink payments and additional government child support while they all live on rice (That's my tax money btw). Of course the demand goes up in those suburbs. Unfortunately for the rest of us it tends to push new home owners who appreciate space into smaller apartments or the outer-lying suburbs, or price them out of the market like in the east.

Hoo

I didn't bother responding to okmijin originally since the whole comment was so obviously flawed. Any idiot that can read and interpret graphs could see the values were inside a 'normal-ish' band on an annual basis. But all that's irrelevant - it's the other numbers on that site that tell the real story of what the site is supposed to be about. Almost three times the number of people are looking to buy per available house in Newtown compared to his/her favourite. Obviously this is not because the weather is any better in Newtown, but because the services, facilities and lifestyle that were so incorrectly scored by the original commentor are three times better.

BeauL
BeauL

Well now it's 2015 and there has been massive growth in Newtown! If you had bought in 2012 you would have made a fortune!

KarenC3

Really Yagoona lol! I'd rather rent all my life in the fabulous urban lifestyle of Newtown it anywhere in the inner west for that matter rather than spend a day simply exisiting in a suburb like Yagoona!

EdwardS1

Having past 4 years since you posted your stupid comment, what do you now feel about the property price in Newtown? :) now it is March 2016

mattb15
mattb15

The fact all these people care about is money and property gives you the truth about Newtown. The area had artists thirty years ago, the only artists there now are wannabes living off dad's trust fund. King St is a car park full of carcinogens, overpriced burger joints, theme park pubs and generic Asian food. There is not one art gallery and barely a book store. The internet is king, Bohemia has moved to the country. The last cool person out please turn off the lights.

Hoo

The *real* truth is we care about IQ.....if you take a little look at the top of this post it's about.....oh WOW.....property value

mattb15
mattb15

Hoo, you are the fool, it does not have say that, this site is about what places are like to live in, of which property value is but one component. The type of rudeness and misplaced arrogance you have typifies the irritating people that now inhabit Sydney.

Hoo

""Convenient location but overpriced" Newtown is a trendy suburb less than 2km from the Sydney CDB popular with renters. Netwown is currently overpriced and will slowly trend downwards in the next couple of years. "
I'm sorry, but it DOES say that

bobert_newington
bobert_newington

Newtown is the High School class clown who used to be cool when he was 18 and is now 45 and still living with his parents.

The opinions expressed within this review are those of the individual and not those of Homely.com.au.
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Yagoona

"Affordable suburb less than 20km from the CBD"

Yagoona is a nice and quiet suburb less than 20km from the CBD with regular train services and easy access to the Hume Highway. You can get around most of Sydney while avoiding tolls etc.

It is a great location if you are working in and around the Bankstown, Paramatta or Liverpool CBDs. The cost of living is significately lower than the rest of Sydney if you know where to shop locally.

Prices in Yagoona have outperformed the rest of Sydney in the past couple of years but it is still undervalued.

Great for

  • Cost of Living
  • Price
  • Asian Shopping

Who lives here?

  • Professionals
  • Singles
  • Families with kids
  • Retirees
1
The opinions expressed within this review are those of the individual and not those of Homely.com.au.
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