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hi suzieq,
I was talking to a realestate agent in Midland over the weekend about the price of my block (developed or sold as is etc). She said that developers are paying about 80k per unit building site. Ask anymore and they may not be interested as this means less profit for them. This may not be reliable info, but I guess a good starting place might be to contact a few developers to get a price etc. In my opinion I don’t think for the money we can ask for our blocks that an investor will interested, may be wrong, but the holding costs for a vacant block of land for around 300k would be huge. Good luck to you anyway.
Cheers Dean[specool]
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