Real estate hunting

One of the difficulties in coming to grips with a new city is getting to know where the various suburbs are located, and their relative position to one another. In one of my early scans of the real estate section of the newspaper I spotted a house that was very reasonably priced, and generally sounded quite good. It was a definite contender, or at least it was until I spotted it on a map. My failing was that I didn’t realise that Bredbo was a small township about 80km south of Canberra and not actually a Canberra suburb. Any local would have known this.

My Saturday mornings developed into a routine. With my lack of experience of the Canberra layout here’s what I found worked well in making a few property visit open inspections. I got up early and grabbed a copy of the Canberra Times, which has an excellent pull out real estate section, and with a notepad and street directory in hand spread everything out on a tabletop, usually with some fruit toast and coffee to help get me through.

1. Mark the properties that you clearly want to visit by reading the ads. Isn’t that what you do anyway.
2. On a page of the notepad, make very brief notes of the advertised properties, and be sure to include the address, inspection open and close times, and page number that you saw the ad. (you can seldom find the ad after you have closed the paper, and you usually only want it when you are in a hurry.)
3. Number each property on your pad sequentially.
4. Look up the street directory of each one, noting on your pad the map number and its grid coordinates. This saves you doing it later when you don’t have time and are a bit flustered. Doing this now makes the day much more pleasant.
5. Now comes the mildly artistic part. Street directories usually have an index page displaying the locations of all the individual map pages. This index map is essential for getting a bearing on where the properties are in relation to each other. Find that page.
6. On another page of your notepad, sketch an outline of the area you want to search for properties and mark the map numbers on the page just as it is on the index map of your street directory. This takes 30 seconds. If you can’t do it within a minute you are spending too much time.
7. Now, refer back to your first page of notes and mark on your sketch index map on your second page of your notepad where each property is located. Don’t write much. The property number you used and the inspection times may be sufficient. Try to do this as near as you can to being accurate within each map, but it doesn’t matter a whole heap, you just need approximates.
8. When you have transferred your brief notes to the even briefer notes on the sketch map, sit back and have bite of your toast, sip your coffee, and consider what you’ve got.
9. Study the open times and their locations that you’ve got on your sketch map, and work out a sequence of visiting them. Doing this will prevent you from doing too much backtracking, keep your petrol costs down, and you might even see more properties in the one day.
10. When you’ve got a sequence worked out you might write it down somewhere because you’ll forget it otherwise. You might even like to draw arrows all over your sketch map.

This is just the sort of project that some whiz kid needs to develop on a computer to make the job simpler for the punters, but the method I’ve outlined works for me.

You could just scan the newspaper and if you spot something interesting just go and look. There’s nothing wrong with that, but if you are like me and want to see as much as possible you’ll need to get a bit more efficient. The last thing you want is to be doing is wasting time looking for an address with only a few minutes to get to a property, or having to drive half way across town when you have only just been there an hour ago. Anyway, enough of this.

I went to another auction, this time in Evatt. It sold for $365,000 at the auction. Its great to see an auction go to the end and see it sold, rather than being passed in. The house was on a small block of land. It had a small lounge and dining room. It also had a small kitchen and family room. The bedrooms were a reasonable size. It did have a nice bathroom, but no bath. That seems like a contradiction in terms to me. There was a good deal of decking outside. It had a garage designed for a mini because part of it was used as a room! It was a well kept property but was just a very ordinary place, and small at that. $365,000 - house prices seem so inflated in Canberra, for what you get.

I had a look at Duffy and neighbouring suburbs. The occasional vacant block where houses used to be can still be spotted. A result of the bushfire, of course. It’s sad to see garden remnants, retaining walls, garden paths and steps at the front of the empty block that don’t go anywhere. The house was gone, just traces in the dirt where the foundations used to be. Though, it’s interesting to see the number of new houses in the area. And not just ordinary looking places either, but large, luxurious houses. I gather that some people won as a result of the fire, and by the look of some of those new houses did very well indeed.

I discovered the Woden shopping centre to the south of Canberra. Now there’s an unusual name for a place: Woden. I can’t help but wonder if the individual who coined the name had a speech impediment. I laugh to myself whenever I hear someone refer to it: “I wink I’ll wop wound to Woden wopping wentre to wet a woo wings.”