Photo: Supplied. Typical of redevelopments around the place was the subdivision in West Goulburn, which culminated in the sale of 8 Francis Street. Ray White Goulburn principal Justin Gay, who sold the home, says the original property was subdivided, and three new homes were built on a large block of land. The original home was sold off Goulburj a first home-buyer.
It has an appealing islahd entrance, original stove in the eat-in kitchen, and a large lounge room, all on a square metre block — a small one compared to others in Goulburn; a big Real Logan City escort in places like Canberra and Sydney.
A fibro dwelling from the rear, and all under an iron roof, it has great potential to be turned into a unique address.
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This is because of the grandfathering enabling people to get in for the last of the negative gearing tax benefits. The grandfathering element applies to property and assets bought before the policy begins. This means, for example, that if you own Escort female Woodridge property before January 1,you are able to negatively gear it after that date. But that sort of dried up.
Mr Gay says at the upper end of the market opportunistic sales are still occurring in Goulburn. But these sales are the exception.
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