Join Australia's most dynamic and respected property investment community

House relocation cash or cashed?

Discussion in 'Innovative Techniques' started by JKWS, 10th Dec, 2015.

  1. JKWS

    JKWS Well-Known Member

    Joined:
    25th Jul, 2015
    Posts:
    90
    Location:
    Australia
    Has anyone got experience in this or have any stories to share?

    Recently I was told from a mate in NZ about a gentlemen slowly but surely making a hefty profit from collecting old houses or houses from earthquake areas, lifting, splitting and relocating, renovating and on selling?

    Makes sense to me, but it's not happening in Aussie?

    Any reason as to why?
     
    Last edited: 11th Dec, 2015
  2. thatbum

    thatbum Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    1,360
    Location:
    Perth, WA
    How do you know its not happening?

    Its not a common strategy, but I believe there's been peeps on this forum that have done it before.
     
    Tim86 and JKWS like this.
  3. Bran

    Bran Well-Known Member

    Joined:
    20th Jun, 2015
    Posts:
    3,534
    Location:
    At work
    No earthquakes?

    Screen Shot 2015-12-10 at 8.16.14 pm.png
     
    dan_89, Rugrat, Elives and 2 others like this.
  4. 4point5million

    4point5million Well-Known Member

    Joined:
    20th Jun, 2015
    Posts:
    127
    Location:
    Global
    Common in regional areas
     
  5. JKWS

    JKWS Well-Known Member

    Joined:
    25th Jul, 2015
    Posts:
    90
    Location:
    Australia
    I'd imagine so, but it's strange. I've been active as a builder for 7 years in regional NSW and have yet to see anything.
     
  6. wylie

    wylie Moderator Staff Member

    Joined:
    18th Jun, 2015
    Posts:
    4,265
    Location:
    Brisbane
    As far as inner Brisbane is concerned, I think this is mainly due to the fact that there are new builds going up everywhere, box style, not old queenslanders, just a fashion I think inner Brisbane these days?
     
    JKWS likes this.
  7. Bran

    Bran Well-Known Member

    Joined:
    20th Jun, 2015
    Posts:
    3,534
    Location:
    At work
    I think... Most houses that are allowed to be taken down are not worth moving (i.e. post war), and most houses that are worth moving are not allowed to be (i.e. character infills, heritage overlays etc)

    (Edit; I think we are talking about different things - oops)
     
  8. Westminster

    Westminster Tigress at Tiger Developments Business Member

    Joined:
    13th Jun, 2015
    Posts:
    3,935
    Location:
    Perth
  9. LifesGood

    LifesGood Home Building & Development Consultant Business Member

    Joined:
    26th Jun, 2015
    Posts:
    809
    Location:
    Perth WA
  10. Perthguy

    Perthguy Well-Known Member

    Joined:
    23rd Jun, 2015
    Posts:
    7,929
    Location:
    Perth
    Brisbane
    Home - Mackay and Sons - House Removals
    Removal Homes, Brisbane, Houses for Sale, Qld Colonial Houses, Queensland
    Melbourne
    Golden Age Homes
    About Us - Kilmore House Removers

    Ok, so not as nice as the other homes but ...

    Relocatable Transportable 2 bedroom home | Other Real Estate | Gumtree Australia Kalamunda Area - Maida Vale | 1089943141

    It has definitely been done with plenty of the old weatherboard homes around the place: this home in Nedlands was moved from Kooyong Road in Rivervale

    Google Maps
     
  11. Azazel

    Azazel Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    8,111
    Location:
    Brisbane
    You would need to find someone who remembers the Newcastle earthquake I guess.
     
  12. Ed Barton

    Ed Barton Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    1,582
    Location:
    Brisbane
    There's a 'house yard' on the bruce hwy just north of Brisbane. It's like a car yard but has houses on the lot instead of cars.
     
    Perthguy likes this.
  13. Azazel

    Azazel Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    8,111
    Location:
    Brisbane
    Is that the one run by the people in the recent API?
    There was a thread were they linked to something dodgy they did I think... will have a look for it.
     
  14. Scott No Mates

    Scott No Mates Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    8,227
    Location:
    Sydney or NSW or Australia
    We'd sold a couple of 1940's (post war/limited character/fibro) houses back in the 1980's.

    Plenty of resistance from council to reuse of old materials back then.

    The street needed to be wide enough, house sufficiently accessible underneath etc.
     
  15. JKWS

    JKWS Well-Known Member

    Joined:
    25th Jul, 2015
    Posts:
    90
    Location:
    Australia
    The house yard just south of Brisbane is the removal company that was featured on both ACA and API magazine. They fell into trouble due to owner sickness and didn't deliver a paid house!

    It's funny as I started this thread API magazine hosted their 2 page article, however still not much info on developers making bucks!

    Sounds like it's feasable and draining- I'm looking for deals over this year so the theory will be put to test!
     
  16. Azazel

    Azazel Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    8,111
    Location:
    Brisbane
  17. Westminster

    Westminster Tigress at Tiger Developments Business Member

    Joined:
    13th Jun, 2015
    Posts:
    3,935
    Location:
    Perth
  18. Perthguy

    Perthguy Well-Known Member

    Joined:
    23rd Jun, 2015
    Posts:
    7,929
    Location:
    Perth
    Or the old weatherboard homes. I know someone who moved a weatherboard behind another in Vic Park then renovated them both. They looked spectacular at the end of the renos.
     
  19. LifesGood

    LifesGood Home Building & Development Consultant Business Member

    Joined:
    26th Jun, 2015
    Posts:
    809
    Location:
    Perth WA