I mean, look at them all whinging about not being able to rent somewhere in Jindy so they can ski and party like the generations before them!
The Real Estate Thread - Snowy Mountains Edition.
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When I got my first mortgage my monthly bills were rent, food, utilities, getting to work (fuel or fares) and what was left over went on fun stuff, mostly beer and motorbikes. These days it's rent, food, utilities, getting to work, mobile phone, internet, Netflix, credit card (x ?), afterpay, foster and much more fun stuff than I had. Makes it a bit hard.
Mine bought their first cars at 17. No public transport in Kalkite! Cheap cars $2000 - $3000. Combo of them both having part time jobs from 14, and a bank account that I started at birth and put a few dollars a week into until handing it over at 17.
Both have supported themselves through uni in Sydney, eldest about to become an investment property owner at 25. All their own work, very little support from me.
My first car was a $600 VW beetle. I didn’t buy a “new” car until my 40’s and bought my first “new” couch 3 years ago. Lots of new bikes and skis though, and awesome holidays. Priorities!
I think they are tougher in some ways and have to be across a lot more at a younger age. Look at all the young people in business at any level. They are all General Managers of themselves in ways we weren't.
But there is an underlayer of cheap talk around 'best version of yourself', resilience', 'next level', 'smashing it', 'humblebrag', 'time when [I/friend/family member] suffered but bounced back'.
The virtue-signalling must be exhausting. As for insta, when I was a young lad, you just had some great snaps that made you look good many of which never saw the light of day
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what you spent on bikes, might be a afterpay or streaming service. I think people pay for their poison.
Netflix + Disney + Stan + Paramount + + + + + (edit - and bikes)
Sometimes I think my mortgage makes me poor and I whinge, then I remember how much money we spend on skiing and I realise we're pretty f*en lucky to ski that much in Oz and I try to stop whinging, but then I realise how much less skiing I am doing compared to my desires because of my mortgage and I start whinging again, then I remember that overinflated real estate prices have made me a pseudo millionaire and I...... keep on whinging because it makes no difference to how much money is in the bank for skiing.
Then I sit on my deck with a coffee and take a deep breath looking at our view of the lake and mountains knowing that I'll be skiing those mtns in a month or two and I'm satisfied..... until a 5 year old child (or two) pierces my eardrums with screams of delight/pain (please not another unscheduled trip to ED)/hatred for sibling and I once again find myself whinging - loudly - at a child. Then I feel guilty and forget that moment of peace on my pseudo multimillion dollar deck and go and drop too much money on bike parts that I'll use five times a year in a bid to re-centre myself (whilst patching up the leg of the screaming 5 year old and thanking Ullr/Huey/insert diety of choice here its only a graze saving a trip to ED).
most middle-high income people live like this, surely? And middle income is not that much money in the scheme of things.
Until that first period of ill-health hits in 50s maybe, it's all up in the air.
they pay for a streaming service, they share.
Have I mentioned how great it is to be a parent to grown up kids
Mobile phone and internet can be reasonably bundled into utilities there. Sure, there's a choice about the *level* of phone and internet you have - but try applying for any job now without both of those as a 20-40 year old and you'd be in a bit of strife.
streaming services are cheap compared to a motorbike, or a session in the pub n times a week
A few years ago now, but moving from Foxtel set top boxes in multiple rooms + HD option + all the crap channels you had to pay for to get what you wanted, to numerous streaming services actually saved me quite a few $$$
I either find something to watch that is on free to air or just go and do something else. I did a free month on one of the streaming services so i could go through the whole Fawlty Towers series with the kid and found the whole thing overwhelming. I tend to put myself in front of a television when the day is finally done and i just want to relax. Having to survey all the options and make a choice is too much hard work. I can't even get through all the good options on ABC and SBS so no point loading up with an endless array of crap and paying for the "experience".
May be cheap, but i'd suggest money is better put toward activities that are alternative to TV watching. Perhaps even toward a nicer place to live so watching the TV is less appealing. A nice garden or in a place with good options for outdoor recreation.
we were late to TV. It means being part of convos with friends at gatherings where you swap 'hot tips' as to what to watch (choice can be overwhelming - but better than being underwhelmed when you try)
Back in the day, my parents were presumably placing keys in the middle, now it's sharing logins.
Less choice of shit to buy for your home too... most people spent it on living, not stuff.
Ours too but that's of no importance until we decide to sell. Which is NOT on the cards!
We have a stunning place with a beautiful garden and great options for outdoor recreation, but at the end of the day we still wind down with an hour or 2 of TV a night after dinner. Just the 2 of us. Hence why we have one streaming option going at a time. You do actually need to wind down after work/gardening/bike riding/socialising etc etc. I'd be happy with a book but +1 is happy watching TV so we usually do it together
This was a Realestate thread wasn't it, or was it how I pissed all my money away on beer & bike parts.
Any how, Ive just put an offer in on the house/farm I want for $1.6M
I had to walk to school in snow. And in shorts, because junior kids werent permitted to wear trousers
In Perth??
Just a thought, isn’t there a chance these ridiculous prices will be moderated by the inevitable couple of below average snow seasons?
I don’t think snow has all that much to do with it.
I guess that’s obvious given the snow in Aus is generally pretty meh IMO (although i do love the touring ). I know it’s not the same but you can pay for a lifetime of mountain sojourns worldwide with what it costs to buy a 1 bedder in jind.
Mmmm ..... neutral on that one.
Paddock life
Lake life
Bike life
Clear cool air
Decent schools
Plenty of work
Tree change
Retirement life
Family life
Kids lifeLast edited:
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Snow is one reason, but really just to move away from the fcuking city & all the shite that goes with it.
Disease, pestilence, passive aggressive barista
My BIL is from England as well. Similar childhood to you walking through snow to get to school. Said he couldn't care if he never saw the stuff again ever.
The German butcher who used to be in the old shopping centre once told me that he had not been up to any of the resorts for about 30 years. He could see no reason to bother.
NZ real estate has been massively overpriced forever and it's amazing to see it still is! $2.1M for a bare hectare?
I wonder how much retirement income is a factor. Pretty wealthy generation out there looking for their dream after years of working. Will be interesting to look at the sensis data on that one.
I also wonder how discretionary a lot of the purchases have been, ie: if you don't need to sell you ain't going to realise a loss, so its not reflected in a fall in house prices.How are the soon to be rapidly rising interest rates going to impact mountains realestate values?
Who said you have ski within the resorts, they are all on the edge of where snow falls.
Earn your turns !
The mountains are calling.
Back country is there for you !
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Anyone remember what it sold for last time around?Perisher Valley NSW 2624 - Hotel, Motel, Pub & Leisure Property For Sale | Commercial Real Estate
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Some interesting choices of shots to market the place. I especially enjoyed the one of the car off the side of the road and a long line of traffic...
I hope they get a buyer? The current owners are lovely people and have worked hard to keep the Sponars story going despite some heavy resistance over seemingly minor issues from the Natio's and a couple of challenging years due to covid cancellations?Perisher Valley NSW 2624 - Hotel, Motel, Pub & Leisure Property For Sale | Commercial Real Estate
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I'm guessing not much. Sydneysiders and Canberrans punching out after hearing about the mega values of their suburban homes and apartments; cash left over to invest. I'd like to be wrong as I'd like to buy a second property in Jindy; one that permits me to build a house and a big shed on.
Here's one that was prepared earlier.
JINDABYNE
Address; 7-9 Crawford Street (Lot19/DP748500), Leesville Industrial Estate, Jindabyne NSW, 2627Land size; 3,252sm with a General Industrial zoningServices include; Town Water, Sewer, Council garbage collection, mains power (underground) & telephone.Property descriptionThe property is a large...kfn.com.au
Does vacant industrial land come on the market often in Jindabyne/Leesville?
Like, something with the potential to build a fair sized shed for, say, storage and restoration of collectible motor vehicles?
That might just happen to have a shower and toilet next to a vacant space that's coincidentally sized for a caravan and easily accessed with a caravan and tow vehicle?
Here's one that was prepared earlier.
JINDABYNE
Address; 7-9 Crawford Street (Lot19/DP748500), Leesville Industrial Estate, Jindabyne NSW, 2627Land size; 3,252sm with a General Industrial zoningServices include; Town Water, Sewer, Council garbage collection, mains power (underground) & telephone.Property descriptionThe property is a large...
Jeez, that shed = staff accom
I was thinking in terms of existing use rights. Demolish the "caretaker's cottage" and build something a bit nicer. Possibly replace the shed too if something bigger, or with a higher roof, is needed.Jeez, that shed = staff accom
But staff accommodation, yeah, that's a thought. A bigger, taller shed would allow for more sleeping capsules, definitely.
And there is also the possibility, STCA, of subdivision. I bags first refusal on a subdivided lot.
