Hi guys, I’m currently looking at purchaing a block of land in this area, and building either a house or duplex on it for investment purposes. I’d love to get some advice from people who are really familiar with the area, through either living there, or previously developing there, as to what are the best residential home builders in the area. Currently looking at a home, either single or double storey, 4 beds, ensuite, double garage, etc. Typical modern day home. Any advice would be much appreciated…
Hi I am Ezy[buz2] and my family live in lismore NSW.
Lismore as been getting rather expencive of late.
and with the new levee the council has put in ,they [the council] still dont know where the flood waters will come up to…south Lismore and North Lismore are not a good prospect due to flooding,unless the house or units are two story…
East Lismore is also suspect because the flood waters have been stopped going into the town,BUT
where will the water go????
Goonellabah is on top of the lismore hill as is Lismore hights …so no flooding problems
My son,has 2x3bedroom units in Goonellabah and bought them both for $189000 [now worth $220000each] he rents them for $190pw each and is very happy with the area where he has them although you need to check the type of clients in some parts of Goonellabah
There is a very nice place called Gays Hill just out side Casino which is 15 min from lismore and the land prices are reasonable we have 3 blocks of land out there all around 14000sq,s and we are thinking of building
Blocks in lismore $150000 blocks in gays Hill $115000. project houses 24sq around $160000
you can sell house and land for $320000
to get a private builder is a little tricky because they are all snowed under with work.
hope this helps Ezy is as Ezy does[biggrin]hi thought I should tell you ballina is a great place , beaches etc, costs are rising and you can now buy from $260000 to one million,
Wardell, Broadwater and woodburn are 15 minutes from there 20 mn from lismore 5 min from evenshead beach…all reasonable priced and worth checking most banks will lend 70%…as usual they the Banks seem to be the last to work out these areas are so close to beaches and gaining in popularity every day.rents are $200 p/week they are great places to buy.
[buz2]Ezy does itThanks for the reply Ezy,
The info on the areas in appreciated and I’ve been keeping an eye on the whole area in general,there is lots of opportunity atm.
In terms of builders is there anyone you would recommend? I am currently looking at Cavalier Homes and Morgan Homes? Are you familiar with either / both of them?
<Edited as considered advertising>
Im ezy [buz2]My son just had a bad experiance with cavalier on the gold coast they where working in lismore , we are now talking to solicitors I can not say what the coffs harbour franchise is like …
ballina is in my humble opinion great, although you need to vent your rents as is a good policy
realestate seem to put any one in the houses.
wardell, broadwater, woodburn are all small coastal areas not very dear and 15 minutes from ballina if you are looking for a bargain try there
I have a property in broadwater on one acre it is so quite , I absolutly love the place and I am only 15 mins ballina 20 min lismore 5 mins the evans head beach …if you need to talk to me email me.[buz2] take it Ezy.
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