rpakey Posted October 6, 2014 Report Share Posted October 6, 2014 Hi, from your experience, can you give me an idea of what land and home packages you are aware of? In and around the coast from Freo to Mindarie I am seeing some quotes online and cannot believe that the prices are all inclusive Any feedback much appreciated! Quote Link to comment Share on other sites More sharing options...
pegg Posted October 6, 2014 Report Share Posted October 6, 2014 hey sounds exciting ) Quote Link to comment Share on other sites More sharing options...
ali Posted October 6, 2014 Report Share Posted October 6, 2014 Hard to give you a ball park figure - as like house prices it will depend on suburb and size or plot and house you build. Advertised prices are for a basic build - then you'll start paying for extra power points, landscaping. Quote Link to comment Share on other sites More sharing options...
verystormy Posted October 6, 2014 Report Share Posted October 6, 2014 Very few deals are all inclusive. The deal we got from our builder was probably as inclusive as it gets and they no longer offer it. But even then there were thousands to pay on top. I would say say that being coastal in a decent area is not going to come in less than $500k with one of the cheapest builders and you get what you pay for. Quote Link to comment Share on other sites More sharing options...
jac2011 Posted October 7, 2014 Report Share Posted October 7, 2014 I have been exploring a similar issue: Our max budget will be $550,000 we don't mind living in land but would like a 4 bed with at least 2 sitting rooms and either a pool or room to install a pool in the future. We are also looking north of the river and we are finding it difficult to find something within that budget. Lots of the houses seem very old and we don't want to do much work so had looked at new builds. Quote Link to comment Share on other sites More sharing options...
verystormy Posted October 7, 2014 Report Share Posted October 7, 2014 I would say $550k should be a decent budget. It is about our total cost including the required up grades. We are building the resort version of this http://www.homegroupwa.com.au/homes-by-design/the-rivello?region=any&frontage=any&area=%23homes-by-design&storeys=any we are building though South in Dawesvile, but that is on a block big enough to put a pool in and with views and a stones throw to the beach. Quote Link to comment Share on other sites More sharing options...
JenPen Posted October 8, 2014 Report Share Posted October 8, 2014 VS I like the layout of those homes! Bookmarked this!! Xx Quote Link to comment Share on other sites More sharing options...
annjean Posted October 8, 2014 Report Share Posted October 8, 2014 I doubt you would get house and decent block NOR unless you are inland or were looking at Alkimos to Yanchep area. Quote Link to comment Share on other sites More sharing options...
verystormy Posted October 8, 2014 Report Share Posted October 8, 2014 Remember as well that you can always play with the designs and it won't necessarily cost anything. They will only charge if you make changes that require more work / materials or major structural. For example, we have had the two front bedrooms turned into a single room that will be an extra living room / art area. We have also had the brick pillar in the back of the house removed and the entire back of the house turned to glass. That was expensive, but they are happy to draw plans and give you a cost. Quote Link to comment Share on other sites More sharing options...
JenPen Posted October 9, 2014 Report Share Posted October 9, 2014 oh that is good i thought you had to buy off plan!!! i don't know if i can cope with all the options haha - will definitely be bugging you for advice when I come to build it!! If it ever happens!! Quote Link to comment Share on other sites More sharing options...
Sammy1 Posted October 9, 2014 Report Share Posted October 9, 2014 South of the river offers coastal living in nice areas at a cheaper price. There are decent 3 or 4 bedroom homes (land and house package) for under $400 000. It is cheaper to build than it is to buy. Quote Link to comment Share on other sites More sharing options...
verystormy Posted October 9, 2014 Report Share Posted October 9, 2014 oh that is good i thought you had to buy off plan!!! i don't know if i can cope with all the options haha - will definitely be bugging you for advice when I come to build it!! If it ever happens!! Options! You have seen nothing yet! When you sign up, the first big thing is the pre start. This is a meeting at which you detail everything that is to make up the house. So imagine picking everything - taps to flooring to painting to door handles. My wife spent weeks trawling through tile shops and things looking at everything. Though it is also great fun. Quote Link to comment Share on other sites More sharing options...
jac2011 Posted October 10, 2014 Report Share Posted October 10, 2014 VS that house looks amazing! :-) If I could have something like that I would live happily ever after! xx Quote Link to comment Share on other sites More sharing options...
verystormy Posted October 10, 2014 Report Share Posted October 10, 2014 Tanks Jac there are some pictures of the view on the building thread - I think on the last or near last page. Although it it was over budget - I had originally budgeted $400k, which crept up to a budget of $500k and come in closer to 550k, it is still a good buy as the local agents estimate it at a value of $675-725k. So a good investment. Sure you will have your dream place soon. Quote Link to comment Share on other sites More sharing options...
FOL Posted October 14, 2014 Report Share Posted October 14, 2014 About 2 years ago I heard people saying that building is 'cheaper' than buying an existing place. But damn... When it starts at 500 grant I wonder if that's the case, especially if the lots are 400k+ already. We would have a budget of around $500k. Takes about year and a half before we can buy anything anyway. I do wonder if a crash of the house prices is coming. With rental market already flipping from a "sellers market" to a "buyers market" (don't know how you call that when it applies to rentals ) Quote Link to comment Share on other sites More sharing options...
7cdb Posted October 14, 2014 Report Share Posted October 14, 2014 About 2 years ago I heard people saying that building is 'cheaper' than buying an existing place. But damn... When it starts at 500 grant I wonder if that's the case, especially if the lots are 400k+ already. We would have a budget of around $500k. Takes about year and a half before we can buy anything anyway. I do wonder if a crash of the house prices is coming. With rental market already flipping from a "sellers market" to a "buyers market" (don't know how you call that when it applies to rentals ) This is will happen,it always does. We have taken a dip in our original asking price,but we have walked away with more equity than we put in 3 years ago. So we have lived in a nice Grade II barn conversion for a while,something I always wanted. The housing market in the UK has stabilised and the same, if not a drop,will happen in OZ. It's currently unsustainable the way it's growing. Developers need to fill these houses and always remember to take with a large pinch of salt, what an agent/estate agent values your home at! It's only worth what someone is willing to pay for it. Quote Link to comment Share on other sites More sharing options...
verystormy Posted October 14, 2014 Report Share Posted October 14, 2014 It can be cheaper to build and can be a good deal, but it takes some work to get the right place. We spent 2 years looking at blocks and builders before committing. We paid $250k for the block and the build is costing about $270k. So a total of $520k. On top there are things like putting in the patrician walls - we are not allowed fences and have to have limestone walls, which is costing $5k and then landscaping, though we will do this ourselves. However, the house two doors away just sold. It has some severe issues as the builders never put soak wells in, so the house floods every time there is severe rain. It's costing $40k and a lot of hassle to fix. It also needs new flooring, bathrooms and a few other bits. It's block is smaller than ours. But it sold within a couple of weeks for $650k. Quote Link to comment Share on other sites More sharing options...
Weedolly Posted October 14, 2014 Report Share Posted October 14, 2014 with a lot of the packages the block is about the size of a postage stamp! If I was doing it I would buy seperately Quote Link to comment Share on other sites More sharing options...
verystormy Posted October 15, 2014 Report Share Posted October 15, 2014 Pckages are just a gimmick. The sales guys from the builders just look at blocks for sale and see which of there houses fit on it and then advertise it as a package. Generally they chose cheaper blocks so they can advertise the cheap price. But in reality the purchase is done seperate from the building contract. The way to go, is to just be looking at blocks yourself while choosing a builder. We chose our builder before we had the block. Quote Link to comment Share on other sites More sharing options...
FOL Posted October 16, 2014 Report Share Posted October 16, 2014 (edited) This is will happen,it always does. We have taken a dip in our original asking price,but we have walked away with more equity than we put in 3 years ago. So we have lived in a nice Grade II barn conversion for a while,something I always wanted. The housing market in the UK has stabilised and the same, if not a drop,will happen in OZ. It's currently unsustainable the way it's growing. Developers need to fill these houses and always remember to take with a large pinch of salt, what an agent/estate agent values your home at! It's only worth what someone is willing to pay for it. In Europe prices sometimes dropped with 20% - 30%. I wonder if that's going to happen to Oz. Interest rates will go up then, but it would be horrific to buy just before a crash, Loosing your downpayment immediately because of house devaluation. I wouldn't listen to agents either, but I though (unconfirmed/guessing) houses are still selling quite quickly. When this slows down or comes to a stall (what happened in Europe as well) is when houses prices seem to drop significantly. At least that's my limited view on this It can be cheaper to build and can be a good deal, but it takes some work to get the right place. We spent 2 years looking at blocks and builders before committing. We paid $250k for the block and the build is costing about $270k. So a total of $520k. On top there are things like putting in the patrician walls - we are not allowed fences and have to have limestone walls, which is costing $5k and then landscaping, though we will do this ourselves. However, the house two doors away just sold. It has some severe issues as the builders never put soak wells in, so the house floods every time there is severe rain. It's costing $40k and a lot of hassle to fix. It also needs new flooring, bathrooms and a few other bits. It's block is smaller than ours. But it sold within a couple of weeks for $650k. Where did you get a $250k block? Ideally we would be looking at blocks NOR between say woodvale/edgewater and burns beach. Not too close to the ocean, but not on the east side of Joondalup Lake (due to commuting), except for tapping/carramar at the top. All blocks seem to be either above 300 grant or below 500sqm. Even below 400... and still very expensive... p.s. you guys only looking at realestate.com.au? Edited October 16, 2014 by FOL Quote Link to comment Share on other sites More sharing options...
verystormy Posted October 16, 2014 Report Share Posted October 16, 2014 We are building in Dawesville which is part of Mandurah. There are plenty of good size blocks here for that budget. In fact, we could have bought a lot cheaper. But the suburb we are building in is one of the more expensive in mandurah - it is a world class golf course and beach side and we have great views. There are lots of blocks in areas such as falcon, port bouveard and others that are well under $200. Maybe be you should consider down here. We are a 50 minute train ride to perth. One tip tip I would give you is to drive around areas you like and look at the private sales signs and give them a call. Some go very cheap. We nearly bought one opposite the block we ended up with via a private sale and they agreed $179k. Quote Link to comment Share on other sites More sharing options...
Druid Posted October 17, 2014 Report Share Posted October 17, 2014 The blocks get cheaper the further north you go up the coast, Burns Beach is the last expensive building site, Clarkson, Mindarie, butler & eventually Alkimos are all a bit more realistic price wise & only 5 minutes from the beach & still not as far north as Mandura is South Quote Link to comment Share on other sites More sharing options...
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