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NSW Box Hill

Discussion in 'Where to Buy' started by wombat777, 10th May, 2016.

  1. wombat777

    wombat777 Well-Known Member Premium Member

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    Another estate now underway in the North West of Sydney.

    No Cookies | Daily Telegraph

    It will be interesting to watch.

    What: The Hills of Carmel, Box Hill

    What: $1.3 billion housing development to feature more than 2,000 dwellings, sports fields, schools, a shopping centre within 10 years

    Area: 223ha bounded by Annangrove Rd (east), Boundary Rd (west), Old Pitt Town Rd (North) and Windsor Rd (south)

    Blocks of land: From 300 sqm to 450 sqm with some corner blocks between 500-600sq m

    Cost: From $390,000 per lot
     
  2. larrylarry

    larrylarry Well-Known Member

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  3. wombat777

    wombat777 Well-Known Member Premium Member

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    Attached Files:

  4. wombat777

    wombat777 Well-Known Member Premium Member

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    This article by @Jennifer Duke on the weekend:

    Life on the outskirts: Even if we go up, we have to go out

     
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  5. ashish1137

    ashish1137 Well-Known Member

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    There is nothing below 450 sq mt and 530k.

    Seems most of the cheaper stock is already grabbed by builders
     
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  6. beachgurl

    beachgurl Well-Known Member

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    I've been hearing from land sales reps that demand from individuals has really dropped off recently. Most of the sales out west are by builders selling house and land packages. I'd suggest it's a combo of APRA tightening on off the plan purchases mixed with hitting the peak of the cycle.
     
  7. wombat777

    wombat777 Well-Known Member Premium Member

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    Anyone buying land would want to be really careful they don't overcapitalise on the build. I'm guessing it could be 6 to 18 months before some of the builds would be starting construction in the two new estates. Valuations could change dramatically in that time.
     
  8. House

    House Well-Known Member Premium Member

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    The Birchster sold H&L to his clients there

    image.jpeg
     
  9. ej89

    ej89 Well-Known Member

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    Didn't sell em... He got them all land way cheaper than marketed and got his builder to do the homes... You can make money in all markets and he's using his contacts to get good deals.. Nothing wrong with that.
     
  10. House

    House Well-Known Member Premium Member

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    So if getting his clients 'land way cheaper than marketed and got his builder to do the homes' isn't selling H&L... What is it?
     
  11. ej89

    ej89 Well-Known Member

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    It's acquisition... Him selling them would mean he owned the product or part of the product. He gets a BA fee to do it, not a commission..
     
  12. wombat777

    wombat777 Well-Known Member Premium Member

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  13. oki doki

    oki doki Well-Known Member

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    I thought this was a thread on box hill,Vic and about dumplings :)