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Tag Archives: house renovation

A $60,000 profit in 9 days

A good illustration of how my theories work in practice is this recent renovation. It’s a three-bedroom brick-veneer house in an outer southwestern Sydney suburb (40 kilometres from Sydney CBD) After our reno the house sold in April this year for $385,000. That’s a gross profit of $60,000. Not a bad outcome for a quick flick in a mediocre market!

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