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I inspected this house today (thanks Shady & Depreciator) and the photos are a compliment!! One of the worse houses i have seen, a dead set shocker. At the right price (mid $400s) it would leave enough room for improvement but the agent is talking mid $500s. Tell her she's dreaming.

Congratulations Kris. I'm sure you'll love living in a suburb with such huge potential.

How did the exchange go? I never heard of a family illness stopping an exchange. Surely theres someone else in the office to go.

I'm not sure. I like the whole inner west and don't see a problem with any of it. Enmore/St Peters is a little more grungy (if you know what i mean) Enmore is known as a goth area, there's punks etc. sort of like the old Newtown before the yuppies moved in. The houses/blocks tend to be...

I think pretty much the whole inner west is great for long term investment. (capital growth wise anyway, yield is crap and has been for ages but will improve) I'm talking here about the true inner west (not the rubbery agents descriptions). Summer Hill is pricey because its a trendy little...

Yes its safe, plenty of families with small kids. I suppose safety is a relative term tho. I would have no problems with Redfern where it mights care the pants off you and your partner. But, yes, Marrickville is very safe. If you like the mix of ethnic and gentrification (i love it) of a...

What exactly are you looking for in Marrickville? What price range? Any particular area of Marrickville?

I'll have a go. A friend of mine recently bought a great 3br house at Hurlstone Park having been priced out of Marrickville/Duwlich Hill. Hurlstone Park is now at the beginning stages of gentrification with Marrickville well underway and Lewisham/Duwlich Hill/Summer...

Good news as values usually rise after the gays move in and the trendy/yuppies/dinks follow.

I'd say the property would have gained in price since it was purchased in March 07. By maybe 10%. Doing very well to find a house there these days for $450k. Marrickville is not western suburbs but inner west. It is not affected by the mortgage stress that is associated with the outer...