VIC Post up on new land releases in Melbourne

Exactly. 90 lots at Mt Atkinson release 1 alone. Looks like only Melbourne west/south-west and North are ongoing while rest of the Melbourne becoming soft. Perth, Brisbane, Sydney, Regional towns are going down.

 

True. Lot of migrants choosing north Mel. Waiting for Mirvac Olivine next release in Dec./Jan.

 

Botanical have a release coming up this weekend. Eye watering prices.

 

7000 buyers for 84 lots

Thousands of buyers for just 84 blocks

 

Three lots in Cornerstone have come back on the market, not on old prices either. Expensive, but probably going to increase given how mental the demand is in the area (Harpley/Cornerstone/Riverwalk etc).

 

Got an email some time ago about a new release of land (Turnham Release) in the Jubilee estate in Wyndham Vale. There's a 350sqm block for $270k, several 400sqm blocks for $290k. Titles towards the end of 2018.

 

There’s a new land estate having their first release on 9th. ‘Westwood’ in Plumpton being developed by Dahua and managed by Daclands. No information on prices yet.

 

400sqm block is priced at 340K, we bought one last week and we are first home buyer !!!
newbie in property market so don't know much about property investment but this would be our PPOR.

 

Good luck with the PI journey mate. Hang around here and you'll learn a ton.

 

Prices have now hit $1K per m2 in Greenvale.
These are the prices from the latest Riverbank release in Greenvale Gardens

 

Anyone heard any updates on new suburb mcpherson in the south east. Wife has land not too far away in Cardinia, just hoping some good infrastructure will come with it to assist the Monash carpark.. I mean freeway. Surely the one extra lane is not going to support the continual land release growth

 

Just came across a 287 sq mt lot deal at 250k in Wollert. I feel that is a much better proposition than moving out that far.


Regards

 

There aren’t many options from a Floor plan perspective for a PPOR.

 

I see ample. An 18 to 20 sq 3 bed 2 bath 2 garage for 195k.
Or go for a double story 4 or 5 bed with 2 living areas and ample sunlight and backyard.

Regards

 

Prices look a bit optimistic to me. Low spec or High spec?

 

Define low and high.

This price is for a fully complete home.
2.6 mt ceilings
Fencing
Landscaping
Split in living
600mm appliances
Dishwasher
Driveway
20mm stone benchtops in kitchen
Laminated floor tiling, etc. Nothing fancy but a turnkey product.

Recently locked 22 sq 4 bed 2 bath 2 garage 2 living and an alfresco at 225k.

 

Reference to you builder please probably won’t be buying land and building anytime soon but always good to have list of builders to look at

 

Apologies, no disclosures on public forums and I am.very careful in sending referrals to my builder.

But you are most welcome to ping me when you are ready.

Regards

 

Is this for the 287 sqm lot in Wollert? Is it a 12.5m frontage?

 

YOu cannot build a 22 square on 287 sq mt.
This product suits lots from 350 sq mt to 450 sq mt.
Dimesnsions from 12.5 by 28 (min) to 14 by 25 (min)