NSW Newcastle 2019

Discussion in 'Where to Buy' started by Aaron Duffie, 14th Jan, 2019.

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  1. The Prestige

    The Prestige Well-Known Member

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    Thanks guys. I will let you know how I go!
     
    The Prestige, 17th Jun, 2019
    #141
  2. larrylarry

    larrylarry Well-Known Member

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    me too.
     
    larrylarry, 17th Jun, 2019
    #142
  3. lightbulbmoment

    lightbulbmoment Well-Known Member

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    Everyone is different my friend just like I wouldn' buy a house at stockton....
     
    lightbulbmoment, 17th Jun, 2019
    #143
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  4. lightbulbmoment

    lightbulbmoment Well-Known Member

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    Have a look a cubbi also if your keen to self manage and keep money in your pocket.
     
    lightbulbmoment, 17th Jun, 2019
    #144
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  5. Lizzie

    Lizzie Well-Known Member

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    Yup - lucky we're all different with different needs and wants :D
     
    Lizzie, 17th Jun, 2019
    #145
  6. TylerJamesson

    TylerJamesson Well-Known Member

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    Re that Fletcher house - build cost would have been easily over $500k.

    Plus land value and all the stuffing around with council, seems to be priced at cost. Can't get much change out of 500k for a new home + pool in 2019.

    Don't know when the last time you guys built something, but material and labor are very expensive in this day and age, unless you're the kind of person that is happy to just bodge things together. High end stuff cost $$$ and realise the difference between a Bunnings kitchen and custom joinery.
     
    TylerJamesson, 18th Jun, 2019
    #146
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  7. wilso8948

    wilso8948 Well-Known Member

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    No. You don’t.
    Still stand by my point that I think it’s ridiculous to pay >$1m in West West Wallsend
     
    wilso8948, 18th Jun, 2019
    #147
  8. Lizzie

    Lizzie Well-Known Member

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    Yep - built a 310sqm architect design, 4/3/2 single story joint for half again on what you said ... including landscaping, solar/battery and all utilities ... haven't been game to tell hubby the final cost as his costings head is still in the 1990's

    Next door put on a spec home - a nice, with lots of upgrades, spec home that still looks like a spec home for $450k - not including power, septic, driveway, any landscaping or the pool.
     
    Lizzie, 19th Jun, 2019
    #148
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  9. The Prestige

    The Prestige Well-Known Member

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    Hey guys a bit of feedback. I ended up deciding on Safe Hands for the property management. Denise seemed quite passionate and the inspection reports looked quite good when compared with other companies. Thanks to you guys for the recommendations. The decision is easier when I know other investors have had a good experience.
     
    The Prestige, 21st Jun, 2019
    #149
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  10. NewGuy88

    NewGuy88 Well-Known Member

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    @Ovi Have you built on this land? Was the land purchase price negotiable or fixed?
     
    NewGuy88, 21st Jun, 2019
    #150
  11. inertia

    inertia Well-Known Member

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    Even more West than west of World's End!

    I agree. And while I grew up in a neighbourhood with no footpaths, I personally would never live somewhere that I couldn't walk/ride to all the things I need. But I am not all people, and obviously there is demand out there. Just not sure that much of that demand is over a mil...

    Cheers,
    Inertia
     
    inertia, 21st Jun, 2019
    #151
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  12. lightbulbmoment

    lightbulbmoment Well-Known Member

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    lightbulbmoment, 22nd Jun, 2019
    #152
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  13. Thedoc

    Thedoc Well-Known Member

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    Thedoc, 22nd Jun, 2019
    #153
  14. TylerJamesson

    TylerJamesson Well-Known Member

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    Great read that. What's more interesting is that half his entire team left him - at the same time.

    Must be more to this story...
     
    TylerJamesson, 23rd Jun, 2019
    #154
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  15. lightbulbmoment

    lightbulbmoment Well-Known Member

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    All it takes is one article like this for your name to be ruined.

    Would of been better off just letting them leave on there own terms and moving on. He will be losing a lot more business now because of this article.
     
    lightbulbmoment, 23rd Jun, 2019
    #155
  16. Lizzie

    Lizzie Well-Known Member

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    Yes - never taken to Mr Kentwell .... he was just a bit to slick for my liking

    One of his junior agents (who I got on really well with me) phone the other day - hadn't heard from him in 7 years - keen to let me know he'd "moved on"

    Apparently the office atmosphere was toxic and "backstab-bie" between agents
     
    Lizzie, 23rd Jun, 2019
    #156
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  17. ks2015

    ks2015 Member

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    any insights about potential growth and good rental yield in Hunter region ? say comparison between Aberglassyn, Gillieston Heights and Chishom.
     
    ks2015, 23rd Jun, 2019
    #157
  18. balwoges

    balwoges Well-Known Member

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    I have worked in a couple of offices where I have gone home to make business calls rather than make them at work ... :(
     
    balwoges, 23rd Jun, 2019
    #158
  19. The Prestige

    The Prestige Well-Known Member

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    I would stay away from Gillo (Gillerston Heights). Lots of rentals and low budget builds. Not great for long term growth. What is your price point?
     
    The Prestige, 24th Jun, 2019
    #159
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  20. ks2015

    ks2015 Member

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    500k-550k
     
    ks2015, 24th Jun, 2019
    #160
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Page 8 of 14
From $20k to $25 Million: The Chris Gray Story
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