OP I'm also looking at the same type of investment but in Brisbane. Example: 173 Jubilee Terrace, Bardon, Qld 4065 148 Coopers Camp Road,...
Thanks all. So what you are saying is that there is NO profit in subdivision. I do find that hard to believe - can't be a house of cards...
So then are you saying the rough desktop exercise I do is Ok to calc land value?
OK so lots can go wrong! In relation to valuing land in tightly held suburbs are there other ways people assess it?
OK so a risky venture where lots can go wrong. :) Still to my eye land banking and *hopefully* increased land value over time/paying down...
Hi All I have been looking at houses in a few Brisbane suburbs and am surprised, by my rough calculations, as to the discrepancy between asking...
Hi @Tonibell Yes have been to Bris to have a good look late last year. Have relatives in Camp Hill and Norman Park and have been down a few...
Thanks Terryw. How do I contact you to get a rough guide for advice/work? Not knowledgeable about messaging on this site.
Fantastic stuff - much appreciated! Re development site - we just like the idea of buying something with that potential. Could be years before we...
Thanks Terry. Any good lawyers you know of in FNQ or can this be done remotely?
Sorry wrong way round - we are not going for CC and just wanted a rough guide from CBA. Which lenders do you recommend?
Cheers. I was operating at 7% previously (CBA current quoting at 3.89% P&I) doing the sums.
Thanks Trainee Yes we wanted a hard and fast pre-approval to get an idea of our loan potential. What I will do next is get a MB to give us a...
Thanks Leo In Bris I read on the BCC site that for LDR sites a minimum subdivision requires 800m2 lot (400m2 each) unless 200m from a centre...
Love your name Befuddled. I will undertake this analysis. Can you please advise where you obtained this formula from so I can read up? Thanks!
Hi EE To clarify, the investment game started 2 years ago - we seriously (same amount of DD for each area I speak of as for Bris) looked at...
Hi Trainee and thanks for replying to my post. CBA have not mentioned it. They are waiving lenders insurance against the titles of both our...
Hi Everyone and thanks for your help in advance. I appreciate you're all busy making money ;) After earlier advice on this forum my wife and I...
Thanks Archaon and DT (have followed your posts on Adelaide since joining the site). With Buyers Agents - what's the general commission % on the...
Agents vs "agents" with inspections. Internet searches are good, but don't beat local knowledge.
Separate names with a comma.