We have just purchased a new home with Property Planet and was wondering if anyone has recently built with them
Another group selling house and land packages on the outskirts of the city in areas like Melton
It will depend on how much you paid. Most companies selling this type of product are making at least a $30,000 commission however since they are offering a 10 year rental guarantee who knows. I know nothing about this company apart from whatI see on there website. However they are not areas that I would personally invest in
Nigel Kibel | Property Know How
http://propertyknowhow.com.au
Email Me | Phone MeWe have just launched a new website join our membership today
Yes we have purchases and built with them in 2008 and again in 2012. I was very happy with the price of the 1st home and we were very satisfied with the quality and finish. We went back to them for a second time and they provided a discount and we have just leased this home again with no fuss. We will be using them whenever we want to build again. Good luck with things.
OP signed up 50min ago and posted their first comment.
We have just purchased a new home with Property Planet and was wondering if anyone has recently built with them
Hatice Martin signs up 10min later and posts:
Yes we have purchases and built with them in 2008 and again in 2012. I was very happy with the price of the 1st home and we were very satisfied with the quality and finish. We went back to them for a second time and they provided a discount and we have just leased this home again with no fuss. We will be using them whenever we want to build again. Good luck with things.
Hmmmm….
Then there is the 10 year rental guarantee…
Developers who usually provide rental guarantees add this cost to the price. So pretty much the owner is paying their own guaranteed return and at the same time is buying an over priced property.
Other times when there is an over supply of properties they will make their properties look better by offering a 6% guaranteed return for 2 years, when in fact these properties barely yield 4%. This will cost them less than the loss they would incur by lowering the price of their properties to reflect their market value.
This also inflates median prices since the price these properties sell for is not their market value. Some developers even offer you a car with the property….
Maybe Property Planet can give some more information about their 10 year rental guarantee. There is not much on their website.
Cheers
Andrew
superAndrew | Property Analyser and Finder Tool
https://property-analyser.com.auI found them very good but what I noted most is they did not try and sell us extras and in fact the consultant advised us of a number of things we could do and save money. We ended up building in Tarneit and they delivered on time and were very good to deal with throughout.
Is anyone going to post anything good about them that has been a member for longer then a couple of hours….. seems a little suspicious to me.
I think these guys built with Property Planet too!
Corey Batt | Precision Funding
http://www.precisionfunding.com.au
Email Me | Phone MeInvestment Focused Finance Strategist - servicing Australia-wide
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