PHOTO: Real estate agent. FILE
A real estate agent’s unsolicited email to a Sydney homeowner boasting about the area’s booming housing market has backfired online.
The agent, from the Hills District, sent the email to let the homeowner know about a recent sale in a bid to entice them to consider selling their own property.
“The family bought the home in 2020 for $980,000 and sold it on Tuesday for a massive $1,750,000,” the agent wrote.
“We are seeing a shortage of stock and still a huge demand in the 2155 postcode.
“Would you like to know how much your home has gone up by?”
But the message backfired, with the homeowner taking to Reddit to side with Aussies struggling to break into the market.
A Sydney real estate agent sent this email to a homeowner in a bid to entice them to consider selling their property. Picture: Supplied
The email backfired after being shared online, with dozens of Aussies lamenting how unattainable property has become in Sydney. Picture: NCA Newswire / Gaye Gerard
“Congrats to the family, but f*** I feel sorry for people who are saving for a house,” the homeowner who received the email wrote.
“That’s an extra $145,000, on top of the original $200,000, you would need to save in three years for the deposit.”
The post resonated on social media, with dozens of users slamming the agency’s tactics.
“This kind of boasting about the value of a house pisses me off to no end. We’ve got people sleeping in the streets, and families that can afford to own a house for two years just to make bank,” one wrote.
“Celebrating massive wealth accumulation only works if most people in society believe that could be them someway. Nowadays the carrot is accelerating away so quickly people aren’t bothering to pretend they can ever catch it. It just seeds unrest,” added a second.
Others lamented how unattainable property has become in Sydney.
“The fact the deposit on the average Sydney home costs more than my 2-bedroom, brick house on ½ acre block with a full sized garage in medium sized country town (14,000 population) is what’s ruining Australia.”
Another described the market as “so f***ed they don’t need to do home opens to sell, they will get the offers they need before the first home open”.
The rebound in housing prices is accelerating, despite the Reserve Bank’s campaign to lift interest rates. Picture: NCA NewsWire / Gaye Gerard
“Australian dream” slipping away, house prices accelerating
The rebound in housing prices is accelerating despite the Reserve Bank’s campaign to lift interest rates.
National home prices have increased 0.33 per cent in May, bringing the 2023 rise to 1.55 per cent according to PropTrack’s latest house price index.
Every capital city except Darwin recorded an increase last month.
These prices have frustrated many, particularly first home buyers, who feel incapable of attaining the great Aussie dream.
According to Proptrack, preliminary sales on realestate.com.au for the Hills District were 14% higher this autumn (March to May 2023) compared to autumn last year (March to May 2022).
READ MORE VIA NEWS.COM.AU
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