NSW Vineyard - new precinct

Discussion in 'Where to Buy' started by wombat777, 13th Dec, 2016.

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  1. wombat777

    wombat777 Well-Known Member

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    wombat777, 13th Dec, 2016
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  2. larrylarry

    larrylarry Well-Known Member

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    Some land prices starting $950k.
     
    larrylarry, 14th Dec, 2016
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  3. Ideacrash

    Ideacrash Well-Known Member

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    Is It good idea to buy unregistered plots and sell it after an year or during registration around river stone and vineyard?
     
    Ideacrash, 18th Dec, 2016
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  4. wombat777

    wombat777 Well-Known Member

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    A bit risky with Sydney at or near its peak. It can take 18 months or longer for land to be registered. Plenty of time for rates to rise and lead to and impact on land values.

    I think you may also find LVRs will be at 70% or 80%.
     
    wombat777, 19th Dec, 2016
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  5. Ideacrash

    Ideacrash Well-Known Member

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    Yes, makes sense . LVR more than 80% will be risky.
     
    Ideacrash, 19th Dec, 2016
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