Forum Replies Created
Hi Richard
Thanks so much for that info. We didn’t think we would have a problem as we are dividing into six – selling two and building on three (to become rentals) and the sixth will be our PPR (Really Big Time Developers, ha ha). Just wanted to make sure, though! We have spoken to so many different people and are about to “take the plunge’, which is making us a BIT nervous.
Thanks again
LesleighThanks Scott! I thought that may be the case – but had to ask anyway!
LesleighThanks Anita, that’s interesting to know. We are thinking of going through Credit Union Australia (CUA) so we’ll ask them if they offer this as well.
LesleighHi Anita
Thanks for your reply. We are going to see an accountant in the next few weeks but have fairly well decided to sell the existing house to save on capital gains. That will pay off the new house and still get enough equity to start building on the subdivisions. I will also pose the question to others about what is tax deductible on subdivision.
Thanks again
LesleighHi Sue
It certainly is an interesting Journey! So much to consider and so much to learn! I guess we all have to start somewhere (with a headache) but it will all be worth it in the end.
Thanks for your help and suggestions. It really is appreciated.
LesleighHi Terryw and Fountain
We thought that this would be the case. Thanks for your help.
LesleighHi Fatman
Thanks for your input. I find all of these variations very interesting and worth some research. When I have some time I’m going to look up the article mentioned by Mark, which also sounds like an interesting read.
Thanks again!
LesleighHi Marsden and Mark
I apologize for the slight sarcasm in my reply to you, Marsden. I’m not here to debate anything, anyway and you obviously misunderstood the question. Would you agree that the material for the building would be about a third of the total price as suggested by Mark?
We have looked into a couple of prices and are in the process of getting some different quotes for the various extras mentioned by you, Mark. In our case we still have to put in phone and electricity as well, which is about 200-250 metres up a hill. From what the council has been saying to us, it is all quite a simple process with the actual accomodation we have chosen.
Mark, that sounds like a good idea you have with the shipping containers but I would have thought that you would be looking at between $5000 and $10000 for each container to start with! I would also think that the “look” of a shipping container wouldn’t be very appealing and I would also think that it would be more of a hassle than an already established kit! Also, wouldn’t council approval be a headache?
Once again, thank you both for your input. We are very new to all of this and any help/suggestion is greatly appreciated.
LesleighHi Marsden
I have spoken with council on this issue. The “shed” is actually a “class 1” so is not actually referred to as a “liveable shed” but a “house” or dwelling. Our cows are sufficiently housed in their own “shed”! I have actually seen one of these erected on another block near us and they look quite “homely”. I think that with today’s economy the way it is, many young families are looking for a “cheaper” way to get ahead in life without borrowing large amounts or paying ridiculous rents.
Our farm isn’t considered a large farm as it is only 20 hectares or 50 acres. Allowable subdivision stops on the opposite side of our road as this is where the “larger” farms begin. We have looked into subdivision and there isn’t a problem there. Because our very small town is going ahead so fast the market is there if we choose to rent or sell.
As for our neighbours complaining to council, we have good enough relationships with our neighbours to speak to them before we put in any submissions. Our neighbours, like us, are just struggling families trying to get ahead in life and some are even taking quite similar paths to us.
Thank you for your reply/comments.
I would love to hear more from anyone who has actually built one of these “houses”.
LesleighHi Kum Yin
Thanks for your reply. Yes, we are definately going to get an established builder. Our area is going ahead quite fast and we don’t think we will have any trouble selling, if and when we go down this path. We intend on building cheaper, lower maintenance houses, therefore will be able to offer cheaper rent. People are literally “screaming” for rentals in our area and we definately believe we will have no trouble finding long term tenants.
We’ll keep you posted on our progress.
LesleighHi Mark
We like them because they are both cheap and appealing. The one we are looking at is a “barn style” and we think it will look perfect on our hill, overlooking the valley. Also, you can choose where and how many internal walls you put in. We have 4 kids and are planning one more so this is perfect for the amount of bedrooms we need. I just wonder if the same appeal would attract people to rent if we also build them as investment houses on subdivided lots at the front of the same property.
Thanks for your reply.
Would love to hear more views.
We will keep you updated for sure.Hi Sue
Thanks for your reply, muchly appreciated.
Yes, we are responsible for roadworks. In this situation we only need driveways as all the blocks will front our existing roads, which, at long last, is bitumen. We also have to provide a 20m roadway to the back property, in case of future development. If we use the subdived blocks as investments, we thought we might build the houses one at a time, as we can afford them.
Excuse my naivety – we are VERY new to all of this- what is RPData?Thanks again, Sue.
LesleighHi g7
Thanks for your response. We also ask ourselves these questions and this is why we are tossing up which way to go. We are zoned rural/residential.
