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Aly1
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@aly1
Join Date: 2005
Post Count: 22
August 2, 2006 - 8:24 am
This strategy has been good to us…
we bought 3 blocks of land last year in Perth between Aug-Oct.
First block $500 deposit…. bought at $118,000. it’s settling next month and we have it on the market for $250,000.
Second block was a 10% deposit of $16,000. …. cost $160,000 – settling end of this year – currently worth $300,000
Third block – $3000 deposit – cost $148,000 – currently worth around $270,000
[biggrin][biggrin][biggrin] all the way to the bank
it’s been a good year
prices are just so high in perth atm… nicolette – it may be better to look at other states???
aly[exhappy]
Aly1
Participant
@aly1
Join Date: 2005
Post Count: 22
June 19, 2006 - 6:32 am
village at wellard – 411sqm traditional block for sale on realestate.com.au
asking $229,000 ……….. wonder if he will get it!
Aly1
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@aly1
Join Date: 2005
Post Count: 22
April 20, 2006 - 11:07 am
Hey,
Don’t worry KP you are definitely 1st on the list if I decide to sell Wellard.
Will have to do more digging around re: Lancelin.
Sorry KP – what does DPI stand for?
Will let you all know,
Aly[biggrin]
Aly1
Participant
@aly1
Join Date: 2005
Post Count: 22
April 18, 2006 - 1:23 pm
Hi KP,
Bought both blocks around the same time (August 2005).
Wellard bought for $118,000 – Nilgen bought for $158,000
Strategy was to just make money onselling blocks. I guess if we do hold onto wellard though we may build on it. Titles for both blocks are due next month….
I heard that the Nilgen block may have the potential to be sub-divided into 2. Not 100% sure on this though and don’t know how I could find out. Any suggestions?
Do you really think urban blocks in Perth could hit the $200k mark?
Still not sure which one to sell…. help!!!
And yes if i decide on the wellard block I will let you know
Thanks, Aly[biggrin]
Aly1
Participant
@aly1
Join Date: 2005
Post Count: 22
March 6, 2006 - 1:52 pm
http://www.thevillageatwellard.com.au/stage_detail.asp?id=18
Release 13 goes on sale Sat 11th at 9am…
There are campers there now!!!!!! (Monday Night)
So happy I got in, in an earlier stage….[biggrin][biggrin][biggrin]
Anyone else get a block here?
A[biggrin]
Aly1
Participant
@aly1
Join Date: 2005
Post Count: 22
March 2, 2006 - 3:53 pm
Any more interesting mixes?
Aly1
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@aly1
Join Date: 2005
Post Count: 22
November 22, 2005 - 2:20 pm
Hi guys,
Interesting replies….
Mei – you and your daughter must be beautiful!!!!!
No I don’t look chinese at all – like your daughter I have light hair and blue eyes! Wish I did a little though! [buz2]
Hope to read more heritage stories.
A[biggrin]
Aly1
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@aly1
Join Date: 2005
Post Count: 22
September 27, 2005 - 3:57 pm
Yeah i was looking to buy and hold for a 2-4 years and hope for the best:)
They have a water tank with water supplied to all blocks and underground power and telstra services.
A[biggrin]
Aly1
Participant
@aly1
Join Date: 2005
Post Count: 22
September 27, 2005 - 2:07 pm
Originally posted by Alysha:
Originally posted by julieandthomas13302:
We know Lancelin very well!
There is no new land in Lancelin and the GinGin shire have been saying more is two years away for the past four years – lots of complications with native title and coastal development for a start.
The difference between Lancelin and the towns further north i.e. Cervantes, Jurien is the release of new land and more development friendly. Lancelin could be great but parochialism blocks a lot of possibilities.
The Seaview lots at Lancelin are a long way from beach and ocean views are distant.
Thanks for your thoughts.
There is a new land release in lancelin – sunset estate – was released about 4 months ago. Do you know anything about that?
It is in the Ocean farms estate. The prices there have gone through the roof. Went up for a drive – its a beautiful estate about 3 kms inland. 5 acre cleared parkland blocks. Developer has put on conditions for building – can’t build anything fibro… must be a certain size – can’t put caravans on the land etc. Apparently at the seaview estate you can build anything and park anything on your land – caravans etc.
And no further releases of land in Lancelin – isn’t that a good thing? Prices of current places will go up more if there is no other land developments?
Your thoughts?
A
Aly1
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@aly1
Join Date: 2005
Post Count: 22
September 27, 2005 - 2:00 pm
Originally posted by julieandthomas13302:
We know Lancelin very well!
It is a hot windsurfing spot, and the fav with Euros over the European winter (I married one).
Have been looking at investing there for a number of years but the figures just never stack up. It comes down to the rental returns which are spasmodic and reliant upon holidayers/ winsurfers.It used to be cheaper than the southwest, but last 2-3 years has blown-out
There is no real industry base to support rentals other than Crayfishing season.
There is no new land in Lancelin and the GinGin shire have been saying more is two years away for the past four years – lots of complications with native title and coastal development for a start.
The road connecting Lancelin and Cervantes has been talked about for years, as has the sewer through the town up to hotel. There were some townhouses planned for development there about 4 years ago, but were canned when sewer and road put on hold.
Also, the type of house that exist there are classic fibro beach shacks that require lots of maintenance
The difference between Lancelin and the towns further north i.e. Cervantes, Jurien is the release of new land and more development friendly. Lancelin could be great but parochialism blocks a lot of possibilities.
The Seaview lots at Lancelin are a long way from beach and ocean views are distant.
I would go with Jurien or Ledge point – unless you’re a windsurfer! [sunny]
Aly1
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@aly1
Join Date: 2005
Post Count: 22
September 27, 2005 - 1:32 pm
How about the village at wellard? on the way down to rockingham/mandurah…
A
Aly1
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@aly1
Join Date: 2005
Post Count: 22
September 24, 2005 - 11:38 am
thanks ausprop
i still don’t know what to do….
tenancy is up in about 3 months…. will try to put it up then
thanks a[biggrin]
Aly1
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@aly1
Join Date: 2005
Post Count: 22
September 23, 2005 - 6:36 am
Thanks everyone for your replies.
Will keep my eye out for something up there….
Don’t you think the North part of WA has alot of catching up to do with the south areas?
Also heard there will be an Indian Ocean Hwy going up soon – anyone else heard of that?
Thanks A
[blink]
Aly1
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@aly1
Join Date: 2005
Post Count: 22
September 23, 2005 - 6:32 am
Thank you meilin08
Anyone else looked into wellard….. A traditional-style village with a modern train station at its heart – has to be a winner – no?
Thanks Aly[blush2]
Aly1
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@aly1
Join Date: 2005
Post Count: 22
September 20, 2005 - 2:28 pm
Hi Rob,
Thanks for that. How much further up is Jurien from Lancelin?
Saw on the net – 5 acre lots in Jurien for $169,000.
5 acre lots in Lancelin at SeaView are going for around the same price and closer to perth….
Does anyone know much about the estates in Lancelin. There is SeaView / Sunset Estate in Ocean farms.
Sunset estate has surprised me – a friend of mine bought in at $79,000 – these were special pre-released blocks – this was only about 4 months ago when it was released. They then went up to $100,000 then to $160,000 and blocks there are now $220,000.
Hope to hear from you guys soon, Aly[biggrin]