Thanks guysPoint taken.

Wow thankyou guys, didn't realise that.What kind of troubles are you aware of with larger builders Ashley?And does anyone know of any good builders who build in Western Sydney or Southwest Sydney?Cheers

I know granny flats are more expensive per square metre, due to their small size.  But for a normal single storey 4 bedroom house, I've been told to expect 800-900/sqm from BBP….

$800 – $900 per square metre is what I've been told to expect from http://www.betterbuildingprices.com.au/ for a single storey house.Has anyone had any experience with this company?

how do they find their properties?

mattnz wrote:
Sounds realistic. I am building two townhouses on the back of an existing house in Gladstone. Total build cost around $600k, each will rent for $1,000 per week in the current market, for around 16% yield plus depreciation benefits of a new build

that's excellent Matt!!!!when will you sell them? 

Is it fairly common for yields on newly constructed dwellings to be quite high (I mean rental income divided by construction cost, not land value) ?I'm finding with some of my calculations that I could build a single storey dwelling for less than $200,000 (at the back of an existing dwelling) and achieve rental in some areas of $400 per w…[Read more]

Matt,Do many property developers develop to just hold for yield?

vet80 wrote:
Hi there, Yes I think this is a really good area to invest in. I have been living in Camden for the last 4 years and it is undergoing tremendous growth. I have bought a townhouse in Camden and am now looking to purchase in the 2570 postcode. I think that there is great potential for capital gains. How are you going with your…[Read more]

hector1534 wrote:

alfrescodining wrote:

Simon C wrote:
If the house on the land you have subdivided has a tenant, and then you reduce the size of the land through subdivision, is it normal for a lower weekly rent to be negotiated? And how would this happen?

I had a subdivision in Adelaide, and I expected the tenants to ask for discount as…[Read more]

xdrew wrote:
I think the best way to make money from development still remains to over-estimate your market. In other words .. produce a product that sits in the right position .. provides the right criteria PLUS a bit more … at a margin that remains competitive.Items like this sell well and sell quickly. A dud position or improper product can…[Read more]

Simon C wrote:
Below are some thought I have. I have been investing in property for 20 years on any off and have used buy & hold. CF+, renovations to add more value than costs, completed a remote and locla renovations, relocated a house and completed a subdivision. Next I'd like to do a duplex or multi dwellgn site where I can make enought…[Read more]

Can anyone else provide some information about the first ever development they did, what it was, how it went, what kind of margins were involved, etc?Thanks.

Hi MattI live in Sydney (southwest) and I'd like to invest around here as the land is cheap.I'll send you a message.