WA: How much do you think a 70sqm 2 bedroom townhouse is worth in Warwick?

I know what I've used in my feasibility BUT I'm curious what everyone else thinks it's worth to see if I'm totally nuts

This is a 72sqm of plot ratio SBD that I'm doing in Clarkson and it most likely will be very similar to this but on about 120sqm of land with street frontage and garage etc.

 

Warwick QLD?

 

Says Warwick WA.
Marg

 

I Probaly would have chosen $400-425,000. I think about $400,000 minimum.

Then I did a bit of research and saw these

2 Barnsbury Road Warwick WA 6024 - Apartment for Sale #122414238 - realestate.com.au

Sold Price for 9/39 Panzano Circuit Woodvale WA 6026 (prob closer to 100sqm and Warwick prices a bit higher)

Sold Price for 31B Dargin Place Greenwood WA 6024 - I'm sure a new build would compromise smaller yard - needs some money spending on it

 

With double garage? Then over 400k easily I reckon

 

Hmm wonder if I can fit a double. Definitely can fit a single. Let me play with the design.

 

A new dev @Westminster ?

What about moving the sink to the side wall to keep it open space? Doable?

 

The pics are from a small block (320sqm) I have in Clarkson which is in for DA now. Just got our first response for changes/justifications from Council last week.
I'd like to do the same in other places if I can.
Yup I'm actually going to move the whole bench to where the linen pantry is and do a walk in pantry under the stairs. Tweaks like that come after DA - got to know where all the exterior walls are going before I play with the inside.

 

Nice use of space.

 

Warwick.

 

Ugh, put some pants on.

 

God, I used to think he was the business!!!!! I still remember seeing their wedding on the news, her white leather wedding dress was so tight she had to hop up the steps sideways, of the church. Gawd.
I reckon Warwick is a fantastic area, have to fetch 400 plus, surely?

 

It's such a bizarre market.
How is a 2x2 in Warwick (aka the suburb next to Girawheen) priced at $490k. And BlackMinster at $700k.
There is clearly a massive space in the market where being able to afford the next price point gets you a lot more house for you $$.

Blacky

 

Agree @Blacky. The difference between being able to spend $400k and being able to spend $700k gets you so much more.
My spot is on the border with Duncraig near here Google Maps
You should see some of the prices the Duncraig people want for their development sites near the train station which are now R20/60

 

More votes needed. Calling @Skuttles @boeman @PerthEngineeringDraftyGuy @sanj @Cruskits @Jamie_ @Big Daddy @LifesGood

 

I voted $300-325 cos I think that is what it SHOULD be worth.

No idea what it actually is worth.

Blacky

 

I used 350ish in the feaso - we are both conservative
The funny/strange thing is that a 2 bedroom place is not worth 2/3 of a 3 bedroom place

 

Hi Myf. I'll take a look tonight. Im weird i like feasibilites

 

Riddle me this.. if you build 5 single dwellings or a mix of SBDS then do you still need a visitor bay and passing lane?

 

Hi Westy,

I reckon a "true" 2x2 would go high 300's.... I think this product is about bang on at your 350ish maybe up to 365,000 in my humble opinion.

I have so much respect for the way you are not afraid to try new ideas in a largely conservative space (W.A. Building). Great stuff!!!!

Will be watching with great interest if it all plays out as you plan.