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For reference, a single car space in Sydney sold for over $100k[0]... [0] - http://www.domain.com.au/news/kirribilli-car-spot-sells-for-120000-at-auction-20150

• Keverw 10y ago
  Oh wow. That is insane. I actually agree with houses including parking. Just seems like a common sense thing to do. Don't drive, use your garage for a startup, a gym or game room I guess.
• bbcbasic 10y ago
  Its no good unless it's negatively geared.
• pcr0 10y ago
  It's crazy, but that's actually the typical price of a single space in Hong Kong. A single space here sold for 620k last month.
  • pmiller2 10y ago
    According to http://blog.sfgate.com/ontheblock/2014/06/09/how-much-is-a-parking-spot-worth-in-s-f/ http://blog.sfgate.com/ontheblock/2014/06/09/how-much-is-a-p... depending on the location, a parking spot in SF can be worth anywhere from 25-100K. Anecdotally, this makes sense, since I've heard of parking spots costing $250-300/month to rent, which would be roughly the payment on a 30 year mortgage for 50-80K.