By: k.sudek
16/07/2007
2:29 pm Yahoo! Profile:
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My partner and I are considering buying a property near housing commission in Richmond. We plan to renovate the property, however will being so close to public housing affect the property price? Would this be a good investment? The house is three bedrooms with a right of way.
Thanks for your help |
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By: hieronymusbsch
16/07/2007
2:32 pm Yahoo! Profile:
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| Lot of smack freaks in that area! I would have to say that yes, the housing comissions WILL affect price..... |
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By: buzzndidj
16/07/2007
2:51 pm Yahoo! Profile:
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It probably comes down to distance
If you're a block or two away I'd say OK
Richmond has some nice little pockets in it
Have a look
If it's right, it'll feel right |
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By: jase_gt
16/07/2007
4:29 pm Yahoo! Profile:
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| you can't go too wrong in Richmond. So close to the CBD, and things will only get better there, not worse. |
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By: paula4colin
16/07/2007
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| It all depends on the people that fill the houses in the housing commission area and there reputation, there are good and bad, but as one said being so close to the CBD it should be okay. |
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By: tangles33
17/07/2007
4:15 pm Yahoo! Profile:
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| Depends also if you are renting it out or planning to live in it. I wouldn't live in Richmond for all the $$$$ in the world but I would invest there, buy a house or flat and rent it out. |
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By: lilacz_09
17/07/2007
7:46 pm Yahoo! Profile:
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| my brother in law and his wife live in Richmond. Very happy there. So close to the city, great shops and public transport. |
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By: hieronymusbsch
17/07/2007
7:48 pm Yahoo! Profile:
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| The chapel St end is OK, but have you thought about Nth Fitzroy, Abbotsford, Collingwood? |
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By: jbright53
3/12/2007
9:35 pm |
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By: dkjasem
5/12/2007
9:53 pm Yahoo! Profile:
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| You should do some research before you pass judgement.There are plenty of tax payers who reside in public housing who pay market value on their property which can be over $400p/w for innercity homes.Not everyone has daddy's money, besides what is the difference between paying rent to gov or slum lords?Wake up!The problem lies with the other end of the scale which make it impossible to buy a home. |
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By: jbright53
5/12/2007
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| I deal with a lot of housing commission residents every day. I agree there are some nice people that live in the highrises but the majority I wouldn't give the time of day. |
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By: jbright53
5/12/2007
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| See the thing is the people who take part in these public forums tend to forget that people from ALL walks of life also participate in forums so, you don't really know who it is you are replying to. I only input on topics that I have a good deal of knowledge about and I do know what I'm talking about in regards to this topic. |
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By: binj.again
6/12/2007
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| I bought an ex-government house in a housing commission area which is being revamped. The value of my house has doubled in 3 years. |
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By: jbright53
6/12/2007
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| So it's all a question of money is it? I couldn't care if your house is worth $10 million. I'm not driven by money or material things like most people. Even though I have to work in the CBD, I'm happy and fortunate enough to live well away from the inner city. I'm more than happy on my elevated quarter acre block overlooking parkland and trees with not a high rise in sight. Cheers. |
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By: amhigginbm
6/12/2007
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don't do it sudek - not the housing commission people by and large but the types that hang around people on welfare in tower blocks.
we sold up when the commission moved in to Richmond not because of the residents so much as their boyfriends, pushers and other undesirables. |
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By: nettynetty38
8/12/2007
6:55 am Yahoo! Profile:
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| there are alot of people whom buy places near housing home or units...i live in a housing home and you think how lucky you can buy a home to live in as for people whom live in the housing units there is kind heart ones and i have two must wonderful neigbours you can ask for.....so take the risk and buy |
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By: xryzkp
8/12/2007
9:17 am Yahoo! Profile:
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If any topic of discussion can get my blood boiling it would be this one! I was raised most of my life with only one parent and in a housing commission home estate where all the kids went to catholic schools, were just as well mannered as the next suburb, friendly neighbours all just trying to do their best on ‘low incomes’ which does not make a ‘lowlife’ btw
The worst offenders of society are those who do rent private or home owners who treat those who can’t pay the high rents of private rentals or afford a home loan with scorn and disdain and ASSUME they must be scum - no hopers - losers - bludgers and so on.
Could even use a few expletives that I’ve heard to describe people living in commission housing, so who are the problem people with attitude and no decency ?? hmm
When my older siblings moved out of home my mother was then only entitled to 2 bedroom unit so we moved into a set of 12 units privately owned / private rentals,
ours being the only government housing among these 12.
I was 17 years old at this time and still in school, my mother was working as she always had but her sole wage could never secure a home loan and high payments with the risk of interest rises, which my mum had always looked into but always knew it was too risky so stayed within housing she knew she afford and not risk losing the roof over our heads. Wise woman.
3 months into living in our new home a knock came at the door, well not a knock but a ferocious banging which startled my mother and she raced to the door only to find the witch of all witches shaking with fury and letting go a mouthful of abuse toward my mother demanding to know “why the government had purchased this property and why we ( mother and I ) felt we had the right to be living amongst the decent folk there who have worked hard and bought their own homes or those who work hard to pay full rent and don’t bludge off the tax payers”! |
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By: xryzkp
8/12/2007
9:20 am Yahoo! Profile:
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Yes all those living there were either married or de facto – 2 wages coming onto the homes.
My mother was highly distressed and lost for words, well she couldn’t get a word in whilst this tirade of insults keep flowing, and we found out later this was the body corporate person and was speaking on behalf of the other home owners/ private rental tenants. They did not want us there yet in that 3 months did we do anything to attract attention or upset anybody there, no, my mother had been very keen to get to know the neighbours, was always friendly introduced herself and always had a smile and hello for anyone amongst the units. So where did this abuse come from all of a sudden – there had just been a body corporate meeting and was only just revealed that the unit we lived in had been purchased by government housing. The other residents just thought when it sold it was a private sale and that we where the owners so had NO problem with my mother till this info came out.
5 years on my mother stays indoors when home, goes to the letterbox or puts her bins out at night to avoid the glares she still gets and being snubbed if anyone else is around, goes to work and comes home and heads straight indoors , and has been forced to be treated like a caged animal when inside this cold cold compound she has to call home. Her social life totally exsists out of this horror hole that the residents here have made, not she. Over time there has been a few issues with the cops in attendance with domestic issues and a few rowdy parties gone on and gotten a bit out of hand - but not from our place. Shock horror - this happens everywhere.
Some of you will be thinking “ why stay - move out” well unless you have some kind of medical reason or other urgent issue you cant just change address plus her work is very close by, putting in for transfer to another property could see her moved to the other side of the city, just not an option so she is stuck there. |
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By: xryzkp
8/12/2007
9:23 am Yahoo! Profile:
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She continues PAYING HER WAY, it may surprise some of you, nobody lives in government housing for free, and when I was still living there and working we actually had to pay FULL MARKET VALUE RENT! Rent is calculated on the full amount of any incomes coming into the home, so I did not pay my mother board to help her out I had to pay rent as well to the government, so how some see this as bludging off tax payers think again – and learn.
My mother actually done a lot of home improvements out of her own pocket - done the garden as there was none, now it’s a well looked after unit with a great garden, back and front. ITS MY MUMS HOME. and its not she who makes it the unpleasant hell hole the others have. Half of them don’t even speak to each other. Any wonder my mother was targeted by these miserable nobody’s.
I am now sharing private rental with mates but I WISELY have had my name down for government housing for several years now as I may not ever be able to afford escalating house prices if things don’t go the way I plan. Anything can go wrong any day in your life, I learnt that a long time ago, be prepared and cover your options.
Too many of you watch those stupid stories on ACA & TT about the odd few who do create this kind of unsavoury neighborhoods, but you all overlook that home owners and private renters are often the worst offenders.
SO is there anything wrong with government housing or housing estates, some yes - not all – not by a long stretch. Druggies drunks and problem violent ppl are everywhere in society, not just in government housing, could be right next to you and you weren’t aware when you purchased you home/ rented private and you cant do a thing about it if they own their home, so they can be as obnoxious and rude and rowdy and impossible to get along with and create chaos and dramas for the whole suburb, but they are a home owner and there to stay, so too bad hey. |
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By: xryzkp
8/12/2007
9:23 am Yahoo! Profile:
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| Those who enjoy looking down on those less fortunate should have a re-think - you never know what today or tomorrow may bring |
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By: bethanangel2000
8/12/2007
10:45 am Yahoo! Profile:
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good post xryzkp! so true even in nsw.
but as for buying in a housing area has some risks but no more than buying in ana rea which is entirely owned by private or investment owners. the property will rise in price as you develop it to yr dream, if you have the worst home in the best street , you will make a motza, if you buy the best house in the worst street you will make nothing from it . first rule of real estate law, buy the worst house in the best street to make money!!!!!!!!! |
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By: didycroker
9/12/2007
10:24 pm Yahoo! Profile:
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well said ....xrykpz
their are ppl from all walks of lives in public housing and private rentals,as the old saying goes *don't judge a book by its cover* try reading a few chapters first. |
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By: toolernvale
3/01/2009
8:36 pm |
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By: dantcl
5/01/2009
5:48 pm Yahoo! Profile:
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| Well... you can take... no wait... u can't take anything out of an a***ole coz that's all there is... an a***ole... |
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By: toolernvale
5/01/2009
9:03 pm Yahoo! Profile:
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lol.
I'll pay that one :) |
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