Forum Replies Created
Hate to say it but you have brought up a good example to alot of people new to the property market. Im only relatively new myself and like a lot of people have only experienced the ‘upside’ of realestate. However my Dad has told me time and time again of how in the 80’s you could hardley even give away property.
People seem to be living in a bubble-things arnt always going to be as rosey as what they have been for the last 15 years, there will come a time when you wont be able to move property, albeit for a large loss. Might not be any reflection on your situation, but I thought it was a good opportunity for some of the misguided people who seem to think property is a easy money making option-at the end of the day YOU need to be able to sell it, no buyer, no money….
IMHO I dontthink you can gopast Bacchus Marsh-only 45 mins from the city and a great country town (though it is rapidly expanding). I still cant work out why on earth someone would spend 900k in GlenWaverley where you are an hour from the city (except maybe early Sunday mornings[hmm]) for example, when 600k in a town such as Bacchus Marsh would see you closer to the city AND with a swimming pool and tennis court[blink]
Thanks for the replies.
Yes you can buy off the plan. On this topic though-they are doing it so that you dont have to pay until settlement, therefore ownership resides with the builder until settlement. This has me wondering if I would still save on all the normal stamp duty etc under this arrangement??
