The world is faced with so many problems. Housing boom in the inner Melbourne, people paying million to be a small property  while big land at the outer side of Melbourne are faced with low demand.A wide gap and confuse.   

The world is faced with so many problems. Housing boom in the inner Melbourne, people paying million to be a small property  while big land at the outer side of Melbourne are faced with low demand.A wide gap and confuse.   

Hi
has been long time I have not login but looks like school is indeed an important point to pick the right property. Another to be aware of private schools are not governed by the school zone, only the public school.
Then of course with the price of petrol going up, it would be good to minimise traveling distance.

Hmm, look like there is a gap in the system. Wondering why no one highlighted this to the builder governance organisation.
In all project there should always be start and end date. I guess this an learning to be captured. Saving on stamp duty may end up losing interest and opportunity to invest.

Yes it is in Melbourne. Is the vendor in breach of the contract – not really. The problem is the contract did not state the time line and it is an overlook on my side. hmm also my solicitor I suppose.
Is that legal not to put the delivery date.

Hmm, I guess in term ofbuying for own stay, North west sound good but for investment point of view, I think the investment growth rate would be slow as mentioned by Michael Y.
Today when I look in Realestate.com.au, they are more cheap land for sale about 100k range. Very attractive!
Regards
Tom

Yes I have and waiting for response.

Hi Michael, agreed with view – that people don’t live on price alone but price does take up a high % value in decision making.
Also for new PI, these are the locations would be the the place to begin looking for a 1st property(affortability).

Regards
Tom

Hi,
In any project management process, every tasks must have a timeline. As for this case, developer cannot take forever to decide when to fix the delivery date. The money put the trusts does not grow and is losing buying power daily and nobody benefited. All the saving in stamp duty is lost, isn’t it?

May I ask why you pick north west of Melbourne?
Regards
Tom

Hi,I think you would be lucky if you could get 3-4% in these areas.

I could not find any date of completion and according to the developer – they have yet to finalise the date. Can they do that?

Thanks Terry for sites.

What would be the % ratio for the additional? i.e. Basic vs basic plus paving, carpet, lanscaping

Thanks Terry.
I have been doing some reading in this forum and discovered lots of information. It is great.
Understand that in Australia there are 8 types of trust, can anyone let me know where I get some information on this?

Thanks

Regards
Tom

I have manage to check out the website, the prices is about 140k plus basic house – no paving, carpet nor landscaping.
Would paving, carpet and lanscaping cost up to 100K?

Regards
Tom

Thank you so much – I shall give it a try and let you know the outcome later.
Tom

Hi Sparky,
Thanks – I do not have a break quotation, only lump sum. I.e. Cost of the House, landscaping, Kitchen Cabinet, build in wardrope and lights.

Hmm I guess the non basic came out to be hundred K. Is that right?

Regards
Tom

Any developer would like to advise?

How much would a basic house cost in Melbourne now say :
4 bedrooms 2 bathroom. Single storey.?