NSW Looking to invest in unregistered land

Discussion in 'Where to Buy' started by HomeOwner, 11th Apr, 2017.

Join Australia's most dynamic and respected property investment community
Tags:
  1. HomeOwner

    HomeOwner New Member

    Joined:
    5th Nov, 2015
    Posts:
    3
    Location:
    Sydney
    Hi everyone. Me and my partner have decided to invest in unregistered land. Is there a magic way of knowing where land is being released. Mainly interested in North West Sydney or up Gosford way.
     
    HomeOwner, 11th Apr, 2017
    #1
  2. Jerry O

    Jerry O Well-Known Member

    Joined:
    21st Jun, 2015
    Posts:
    418
    Location:
    NSW / Melbourne
    Your best contact I guess would be the real estate agents around that particular area. They would know what is happening or what is planned to happen in the future.

    Begs the question, why unregistered land? One reason is that its cheap. But you also mentioned that you will "invest" in unregistered land. Have you worked out your numbers on that? Have you factored in the length of time for this to be registered?
     
    Jerry O, 11th Apr, 2017
    #2
  3. Jennifer Duke

    Jennifer Duke Well-Known Member

    Joined:
    23rd Oct, 2015
    Posts:
    346
    Location:
    NSW » Sydney
    If there was a magic way, I'm sure we'd all be rich ;)
     
    Jennifer Duke, 11th Apr, 2017
    #3
    teetotal likes this.
  4. Colin Rice

    Colin Rice Mortgage Broker Business Member

    Joined:
    9th Jul, 2015
    Posts:
    3,184
    Location:
    Perth
    This can work and I have used it to my advantage in the past with as little as a 1k deposit but has to be a booming market.

    Also depends on the dynamics as a piece of land that is 2 months from being registered/titled would be a safer bet than a developer who is in the early stages of a DA and registration/titling could be years away and may never happen. Dont get caught out!

    Few more tips here - How to succeed in house and land investments
     
    Colin Rice, 11th Apr, 2017
    #4
    mimi87126 likes this.
  5. drg86

    drg86 Well-Known Member

    Joined:
    25th Jun, 2015
    Posts:
    436
    Location:
    Forster NSW
    Just look up new estates in the areas you're interested in. We recently did this and put down a deposit on a block that was due to title about 3 months later. 20% gain once it was registered and the supply around it sold off. Won't always be like this but get the right block in the right market and it pays off.
     
    drg86, 11th Apr, 2017
    #5
  6. teetotal

    teetotal Well-Known Member

    Joined:
    7th Nov, 2015
    Posts:
    736
    Location:
    Sydney
    Look into NSW planning website, Sydney metropolitan plans, council plans and you'll find the magic way ;)
     
    teetotal, 11th Apr, 2017
    #6
  7. HomeOwner

    HomeOwner New Member

    Joined:
    5th Nov, 2015
    Posts:
    3
    Location:
    Sydney
    Thank you everyone. Yes am trying to get as much understanding on this topic as possible. I am looking at investing in land which are in Sydney priority growth area and in someway is due to be registered soon. Problem is developers are starting to set the prices just right. Unlike previous time when unregistered land would go for less than 400K and would later once registered sell for around 500-550k. I am searching for gems as such.
     
    HomeOwner, 12th Apr, 2017
    #7
  8. teetotal

    teetotal Well-Known Member

    Joined:
    7th Nov, 2015
    Posts:
    736
    Location:
    Sydney
    Don't look into the areas that are in Priority Growth area.
    Instead look for those that are next to the Priority Growth area, just outside the boundaries.
     
    teetotal, 13th Apr, 2017
    #8
Buy Property Interstate WITHOUT Buyers Agents!

Buy Property Interstate WITHOUT Dropping $15k On Buyers Agents Each Time! Helping People Achieve PASSIVE INCOME Using Our Unique Data-Driven System, So You Can Confidently Buy Top 5% Growth & Cashflow Property, Anywhere In Australia