Real Estate places have ads for rentals where they just have a photo of the outside of the block of flats. They shouldve done the same thing with this house.
Around my area sometimes they don't even bother with a proper photograph of the outside of the house. Aerial shot with block dimensions, and some shots of the neighbourhood/city aspects, and that's all.
My sister and I saw this one the other day. Hilarious how they even bothered to take pictures of the inside. The location and the land size are all they needed, the fact that they thought anyone would buy for the actual house is so laughable.
Sometimes they do this on purpose to lure in bargain hunters – then set them off against each other and try to squeeze a better price out of the frenzy.
The funniest thing about that song is that after it was recorded her partner said that the property they inspected that inspired the song was actually in Coburg.
Why not though? Has great transport options that will only get better with the removal level crossings, access to the city is quick and easy. Food and bar options are endless and right on the doorstep of high st and merri creek. Pretty easy to see why the suburb is appealing.
“The age of entitlement is over.” “Just pull yourself up by your bootstraps.” “Maybe if you ate less avo on toast.” “Back in my day, we had to pay over 14% interest!!”
when you buy a house you get 2 things. an asset that depreciates - the structure. plus something rare and exciting: land. an asset that doesn't depreciate.
You sold me with all the mold on the floor haha. If my house doesn't have mold in it, I don't want it. In all seriousness though, I want to know what happened to the walls/cupboards lmfao
What's wild is that the bathroom and kitchen are the exact same layout as my childhood home in whoop whoop with only minor differences like our overhang was a glass cabinet instead and different lino. It's a dump I want to renovate the hell out of but it's suddenly not that bad.
i want to fall off a cliff why is the housing market so fucked, and its just gonna be worse in a decade when i would have any thoughts about buying a house
I’m a 48 year old homeowner, got in 13 years ago when the prices were sensible. Can I say, from the bottom of my heart, I genuinely feel for young people ( and old people) trying to buy or rent.❤️
One of the best things I did was move out out Preston, I no longer sleep half awake ready to defend my home. My last year in Preston was 2019 and jesus fuck it got worse and worse.
My question is why the seller would not just demolish the house? Yeah; it’ll cost an extra 10k or so but seems like it would be better than having photos of this shamozzle.
Bit like Ireland and many other nations around the world, once is a coincidence, twice is playing the stats, the third time is a plan and when it's in more than one place it's a business model.
The dad of a friend of mine used to live in a commission flat in Northcote many moons ago. The layout of that flat is pretty much identical to the above, kitchen is to a T.
Looks like the Australian version of “ The Young Ones” set
Guys, there's some dinner on the floor if you want it
Neil....your beds on fire.
Have we got a video?
VIVIAN!
Don't you read The Guardian, Neil?
“Thanks for telling me about the new hole, guys!”
Oh no! One of Vivians socks has escaped!
You might find a bike in that bath.
Who wants the last chickpea?
So it comes with its own creepy long hair ghost figure as well? ;)
I AM NOT GETTING AGGRESSIVEEE!!!!!!!!!
Tell that to Frank Banister.
Not that speaker! Jimi Hendrix once pissed on that!!!
Bored!
or 'Bottom'
Neil would have made a real effort to knock himself if he lived in this place.
That's just put the rent up by a third...
"ACHTUNG"
Just throw the toilet out the window!
Real Estate places have ads for rentals where they just have a photo of the outside of the block of flats. They shouldve done the same thing with this house.
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In fairness, there is a chance that the exterior looks worse than the interior.
Around my area sometimes they don't even bother with a proper photograph of the outside of the house. Aerial shot with block dimensions, and some shots of the neighbourhood/city aspects, and that's all.
My sister and I saw this one the other day. Hilarious how they even bothered to take pictures of the inside. The location and the land size are all they needed, the fact that they thought anyone would buy for the actual house is so laughable.
Correct. The $750K is land value for a knock down & rebuild.
She's a bit of a fixer-upperer!
Sometimes they do this on purpose to lure in bargain hunters – then set them off against each other and try to squeeze a better price out of the frenzy.
Tbh land in Preston for 750K (Will sell for 850+ no doubt) is pretty good
Wonder what it costs to knock a building down in a city? Eg would block be worth more cleared?
This barely squatted in renovators delight is ready for a coat of paint and a quick flip.
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House comes with that Winnie Blue Musk scent
Hey that's not too bad, Winnie Blues are basically a premium brand these days
Wow nice fallout house
Another settlement that needs our help, courtesy of Preston (Garvey)…
Courtney Barnett
You said we should look out further
Came in looking for this comment 🫡
If you’ve got a
The funniest thing about that song is that after it was recorded her partner said that the property they inspected that inspired the song was actually in Coburg.
I bought in Preston 15 years ago for $205,000.
12 year old me should have worked harder and laid off the avo toast 😔
$111k per year increase woah, quite the pace.
Ngl I would sell and buy something in the West.
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You son of a bitch, I'm in.
At 800k it's a solid bargain. My first house was very similar to this at 180k. Could sell it for 800k now.
"If you've got a spare half a million, you could knock it down and start rebuilding."
I can smell it.
Preston’s acceptance as a canonical exxy “inner north” suburb is one of the biggest coups of the decade.
Why not though? Has great transport options that will only get better with the removal level crossings, access to the city is quick and easy. Food and bar options are endless and right on the doorstep of high st and merri creek. Pretty easy to see why the suburb is appealing.
Just wait until Reservoir joins the group
I moved to Preston a couple of years ago and it's honestly pretty grouse as a place to live.
When they get a couple of k's down the road and start trying to tout Thommo as being on the same level is when we need to start throwing riots.
Remember when Joe Hachem won the World Series Poker (AU$10m in 2005).
Usually they don't take photos of houses when it's a clear knock-down rebuild project.
“The age of entitlement is over.” “Just pull yourself up by your bootstraps.” “Maybe if you ate less avo on toast.” “Back in my day, we had to pay over 14% interest!!”
Oh wow, windows. I don’t think I can afford this place
Shit that's in the carpet probably worth a few grand alone. Could start a small drug empire from emptying your first hoover bag.
I'm sure we'll see this one on TikTok soon under 'shit rentals of Melbourne'.
Hey it’s me - also yeah I did one
It was on there last week or so
It's sad that a renter or really old person lived in that filth until it came on the market
This has likely been vacant for a few years. They maybe pulled out the furniture sometime in-between.
I'm glad I got a tetanus shot the other week, because otherwise I think I would have got it just looking at these photos
Put your shoes ON before you come inside
https://www.realestate.com.au/property-house-vic-preston-139012915
The mould would basically condemn the entire structure.
Why would you even bother adding photos
Tyler Street is basically the boundary with Reservoir.
That's a tear-down/ rebuild job. Housing needs to be affordable, not an "investment opportunity."
Parents sold a shitty looking dump like this for a similar price due to it's land size and location. It's almost as if location and land size matters.
when you buy a house you get 2 things. an asset that depreciates - the structure. plus something rare and exciting: land. an asset that doesn't depreciate.
It's just the land you're buying. This house will be demolished.
"No low-ballers. I know what I got."
You sold me with all the mold on the floor haha. If my house doesn't have mold in it, I don't want it. In all seriousness though, I want to know what happened to the walls/cupboards lmfao
What's wild is that the bathroom and kitchen are the exact same layout as my childhood home in whoop whoop with only minor differences like our overhang was a glass cabinet instead and different lino. It's a dump I want to renovate the hell out of but it's suddenly not that bad.
This isn’t for living lol you buy this, knock it down and build 2 townhouses. Sell one and you’re set 👌🏻
Honestly sounds like an amazing deal then. Build two homes, sell one, live in the other. Make massive bank.
Still looks better than anything that’s won The Block.
Well....that's what you get if you're a FHB but you're too shit-frightened or fussy to move to an area with affordable nice houses 🤷
I wonder how long it takes for a house to get in that condition.
I really feel the owner put in the extra effort here and dressed the property to sell. Great shots, you can almost smell the dank.
Renovators delight
You don’t need to live close to those coffee shops.
You could live there for free
this looks like one of the houses in Sanctuary in Fallout 4 AFTER the bomb hit lol
i want to fall off a cliff why is the housing market so fucked, and its just gonna be worse in a decade when i would have any thoughts about buying a house
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They would be selling the land not the house
depreston
What.
Lick of paint and rent it for $600 per week no worries lung disease is the tenants problem
Get fucked
Does it come with the bodies, or is it BYO bodies?
Society is fucked.
We are broken.
Just come in with the thick white landlords paint and go over everything - walls, sinks, windows, blinds, fittings.
You’re clearly paying for the land with this listing.
Put in 200k for renovation and sell it for $1.5m
Houses depreciate. You're buying the land in a decent area.
Just needs a good vacuum
How to turn Preston into depressedon
“Renovators delight”
This group is full of haters. What you expect every house to be brand new. Typical spoilt western people.
I’m a 48 year old homeowner, got in 13 years ago when the prices were sensible. Can I say, from the bottom of my heart, I genuinely feel for young people ( and old people) trying to buy or rent.❤️
‘Renovators delight’
Hmm, the biggest mortgage i can get is $300,000 is there anything in worse condition i could get ?
Oh Jesus Christ, I so need to watch The Young Ones right now. Right. Now. And so I go...
Kinda looks like the fallout4 house interiors in sanctuary post nuke
Or a crack den in Pascoe Vale for 1.4m. That was a really nice place to inspect 👌
Or u could move out of Melbourne and pay $250k for a nice little home
Had to look at the sub for a sec just to make sure it wasn't in Detroit
If its structurally sound, it won’t cost a lot to fix all that shit. And potentially flip it
„ʇı dılɟ ʎllɐıʇuǝʇod pu∀ ˙ʇıɥs ʇɐɥʇ llɐ xıɟ oʇ ʇol ɐ ʇsoɔ ʇ,uoʍ ʇı 'punos ʎllɐɹnʇɔnɹʇs sʇı ɟI„
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Honestly, how much do you think this should cost. I would have thought 700-800k is entirely reasonable for a block this size in Preston.
One of the best things I did was move out out Preston, I no longer sleep half awake ready to defend my home. My last year in Preston was 2019 and jesus fuck it got worse and worse.
Mate, i'd fucking buy it if i could and salvage the shit out of it. if this is going for auction i bet it'll go for way more than 800k
Easily $1m
What could you salvage? Some scrap copper wiring, but surely there's nothing that could be reused.
You're paying for the land not the house. The house is a tiny fraction of the value and Preston for some reason has become very desirable.
Why do people keep posting obvious knock downs and then insinuate the price tag is for the quality of house. You're dumb.
Because it still shouldn’t cost $800,000…
preston is a dump. whole suburb is run down and ugly as fuck. imagine paying 1mil+ to live in such a crap area
Grow up
Let me guess, you haven't been there in over a decade? Preston is awesome
That's exactly the type of quality I expect from Preston
You are paying for the land, not this house. Stop bitching about everything.
My question is why the seller would not just demolish the house? Yeah; it’ll cost an extra 10k or so but seems like it would be better than having photos of this shamozzle.
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More like $40k.
looks like some chimpanzees have been living there, oh wait it's preston
Good bones
It has the housing equivalent of osteoporosis.
Asbestos plastering? Lead based paint flaking off the ceiling and walls?
more like depreston amirite you guys 🤣😂😆
The only good thing about Preston, is Preston market.
That's very cheap, how big is the land? That could be fixed for 80k and 16 hard weeks.
You aren't paying for the house, you pay for the land and all the lead it holds
That doesn’t really make it any less depressing tbh
(Not pictured)
Damn sexy bathroom. It is so vintage xD
No I couldn't.
Definitely a bad dream. Looks like a house from American horror story during those nightmarish scenes
Bit like Ireland and many other nations around the world, once is a coincidence, twice is playing the stats, the third time is a plan and when it's in more than one place it's a business model.
Pretty sure I used to live there when I was a pup.
The worst bit about this is that real estate photos always look better that the actual subject. So imagine how bad it actually is.
Surely they’ve posted this so someone can see the potential for renovations
Are these the pre or post reno pictures?
Didn't see a fridge, is it integrated or do I need to provide my own?
James Hardie Special.
I'm surprised they bothered with inside shots.
I'm old enough to remember when money was worth something, well a little bit more than now, AMA
"Renovators delight"
At first I thought it's a knock down, but by the third one I knew it was a BURN THAT FUCKER TO THE GROUND!
Honestly, this may not be everyone's cup of tea but I really like how they make it look like a rundown home that has been abandoned for years.
Courtney Barnett’s song Depreston rly hit different now
Dude, looks perfect for that Meth lab I was thinking of setting up! Wouldn't even have to meth up the place before we moved in!
I think you should get the metal detector out in the backyard….I’m sure there is something in that yard
Maybe I'm glad the government kicked me out 🤣🤣🤣
“Renovators dream”
Mold is expensive since covid
Haha
Depreston
Looks like a hoarder house after a 'clean'.
It has the original dirt, stains and everything
Still better than truganina!
does it come with wifi?
750k per week? What a bargain!
Give it a few weeks and it'll be back on the market as a rental. $450 a week. Close to shops!
I would honestly love to buy it and renovate it
100k and some hard yakka its brand new inside
Freestanding house? That's a bargain.
I can't believe this is real lol. Is it an ex meth house?
I'll buy it.
And you won't even get a stamp duty concession as a first time buyer
'DePreston'
Where are the bloodstains and neglected pet excrement?
bathroom from PT
The dad of a friend of mine used to live in a commission flat in Northcote many moons ago. The layout of that flat is pretty much identical to the above, kitchen is to a T.
Fuck that noise
Looks like my old rental,, but with less mould.
So nice to see good decent affordable housing for a change!
Nightmares are just another kind of dream OP!
maybe you are just buying the land. The house comes free with it.