That house I was interested in on the park near my place…

You may recall a week or so back I was somewhat interested in a place that was up for action – a townhouse facing onto a park near our place.

Finally found out what it sold for. AU$541,000. Which is… well, it’s a lot less than some places I’ve seen. That’s practically achievable… Although of course we’d have to wait for another one in that row of townhouses to be for sale!

There used to be an old saying about an income multiplier, a rule of thumb about buying a property. I think the rough guide about housing affordability was to multiply your yearly income. If the house was more than three times that number, it was beyond you. This rule has been completely shot by the way real estate has gone berserk in this city, but still, that place is about five times our combined annual income. Hmmmm… gears are whirring in my head… I still need a place to store my child!

Finally, a story of real estate past. In about 1972 or 1973, my parents bought a house in Hawthorn. For $5,000. If I could go back in time, I could put that house on my credit card. The scary part, thought, is that at the time my dad was making $3,000 a year… Something is broken in the housing economy these days…

Scenes from the Nesting

Nesting is continuing apace. I’m back at work, but I get reports from my increasingly manic partner every day.

I also spent five long long hours on the weekend removing weeds from all the cement areas around our house. Whilst I appreciate all the cement reduces the amount of lawn I have to mow, they could at least have laid it without gaps. Gaps just wide enough for robust virulent weeds to thrive!

D, my partner, dropped everything in the middle of dinner the other night, fixed me with an intense stare and said “these kitchen cupboards are filthy! Then she scrubbed them cleaner than they’ve been since we moved in. They say nesting is a sign the baby is due… So when she squealed that the kitchen light switch needed cleaning and proceeded to scrub it… I assumed the contractions had started. But no. I do worry where this is going to go before the baby finally appears!