- 01June
Selling Houses Australia - S13 Ep 7 Glenelg, Sa
Selling Houses Australia - S13 Ep 7 Glenelg, Sa
Looking to invest in their future, and under the advice of their financial planner, Adelaide couple Chrissy and Sao, purchased a townhouse on the Sunshine Coast in Queensland. After their long term tenant moved out and they struggled to find a replacement, their savings started to dwindle, and the girls were forced to sell. Despite the common perception that the Australian property market only goes up, the couple actually made a loss on selling and were left with a $115k debt, on top of the mortgage they already had on their home in Glenelg, South Australia. Struggling to make ends meet, the footy loving duo decided that they had no choice but to pack up and sell their home of 14 years.
After an unsuccessful auction attempt to sell for anywhere between $690-740k, Chrissy and Sao dropped their asking price to $660k, which was the magic figure that would get them out of the red. However, six months on and still they hadn't come anywhere close to that. This 1960's home was in a great suburb; however, it was the worst house in the best street. The exterior lacked street appeal and the interior was tired, odour filled and had some serious layout issues. It was up to the Selling Houses Australia team to make some big changes with a little budget.