Hi I am planning to buy a H&L estate package from a builder AUSBUILD in Brisbane bayside area. Happy with the house price as it comes to ~1200/sqm low/medium finish for a double 370sqm build But what's the expected usual markup from developers for the land? I am getting a 762sqm lot going for land titling/registration next month which is asking $620k which i have managed to get it discounted by 10k so far by asking for 40k less. On council valuation website, https://valuations.dnrm.qld.gov.au/listings/OnlineValuationRollSearch?action=init in the suburb latest val(1/10/2016) shows 700sqm to 800sqm blocks a range of $510k ot $610k. So even the original 610k is quite reasonable, considering developer needs to make their margins from the land? how much more does land from developers usually sell compared to council valuations? Sorry Mods if you read this could you add Brisbane land valuation to the thread title? thanks.
