The rocketing cost of real estate in Australia was brought home recently when two former houses owned by this blogger were offered at astronomical prices.
Way back in 1969, not far from the above Coogee Bay Road, Sydney, intersection with the beach, the first house , a semi,on a block 186ft long by just 20ft wide, was bought for $13,000!!! with two loans !!! Now that property is on the market for more than $3,000,000!!!
It is a family joke that we did not sell the Coogee property and it will be one of several imaginary estates in the will .
Another former home , near the sea, at Largs Bay , Adelaide, bought for $71,000 in l984, is now listed for $2,7000,000!!!
It has been added to our if only valuable real estate portfolio to be shared with the children when we depart for the big auction house in the sky.
