QLD Brisbane H&L package suggestions

I haven't ever looked into it but I'm shocked you can build such a nice house with so little. That's pretty cool!

 

don't be too engaged with the stock photos. It looks medium finish to me...it's not even full bricked. But medium finish is what I will do for the suburb.

 

Suprising there is no photos of the bathrooms. As retirerich said pretty basic finishes. Few extras that you can see from photos include the ducted air con, tiled patio and outdoor ceiling fan. But no photos of bathrooms, so probably pretty basic. Between $1100-$1300+ gst per Sqm2. I was finding these specie homes last year some you could still get from $900m2.

For a new build though it is cheap for the area. The old 3 bed qldrs go around that price on slightly bigger block (600m2ish). Runcorn is so sought after. Friend of mine recently got his 3/1/1 valued and came back at $575k.

 

me thinks there will be people taking up H&L in SE QLD in the upswing whenever this might be...

most people still believes development cost is expensive.... true when you're trying to reconfigure additional lot/dwelling that will incur the infra fee

when doing the H&L, the infra on the L is already paid for by the seller/developer, so this cost is not included in your feasibility costing.

 

Check the flood maps for parts of Runcorn

 

I know it well. This isn't even close to any flood areas

 

What would be a good price point for a H&L package? I am targeting possibly high yield low end, cheapest I have seen around so far is around the 460k mark, for 3/2/1 on 320ish sqm land in pallara. Would this be good ?

 

Seems a bit much for a 3/2/1. Friend of mine just built in drewvale on 350m2 4/2/2 for $430k with hallmark homes. I would chose drewvale of pallara any day.

 

Just buy established. Its the same price in Brisbane and you get a better location and a bigger block
Sorry but the plan makes no sense

In melbourne its different because the better alternative of established on a 600sqm block is a million bucks
In brisbane these are only 4-500k.

 

Only two suburbs in Brisbane where buying h&l makes sense. Newport and Upper Kedron. I've got one in Newport and it's done very well so far in a year and I haven't even settled on it yet

 

Agree with strongy and ej.
But for that 'region' its all about chasing the speculative asian $$. Hence the somewhat regular ridiculous prices.
Eg: GW down south and distance to cbd.

 

I looked into Newport last yr, quite like it but didn't pull the trigger. Upper Kedron is something I haven't looked into yet.