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Warrigal Rd Runcorn Land

Discussion in 'General Property Chat' started by Mich, 3rd Oct, 2016.

  1. Mich

    Mich Active Member

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    I have done my research and found that BCC have approved Warrigal Rd Runcorn to develop Warrigal Farm to 242 residential sites etc.
    How do I find out who the developer is so I can try get in early to secure a piece of land before it goes on the market?
     
  2. Bran

    Bran Well-Known Member

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    PD online will have a name somewhere on their applications/letters

    eg this:

    Screen Shot 2016-10-03 at 9.43.44 PM.png
     
  3. Mich

    Mich Active Member

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    Thanks I have that information already but cant find who would be selling the land/ developer.
     
  4. RetireRich101

    RetireRich101 Well-Known Member

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    it may be still early to appoint a selling agent. just google it here and then.. normally there will be plenty lead/marketing time before they start releasing for sale.if this happens make sure you're on their database.
     
    Mich likes this.
  5. Mich

    Mich Active Member

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    Thankyou I will keep looking and waiting. I've missed out on so many houses in the area because of the strong Chinese market I'm wanting to get my ducks in a row.
     
  6. Bran

    Bran Well-Known Member

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    Interesting.

    There are some common themes coming out of Brissie at present
     
  7. Ting

    Ting Member

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    Very difficult to compete with those Chinese. They have swamped Runcorn ann neighbouring suburbs.
    There are few for sales in Penarth streets and Esperance St at high 400 to low 500, you may be interesting.
     
    Mich likes this.
  8. Shawn

    Shawn Well-Known Member

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    Hopefully this creeps over a little more south east to Woodridge/Logan ;)
     
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  9. Mich

    Mich Active Member

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    Thanks ting but they are knockdowns or major renos
     
  10. Mich

    Mich Active Member

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    Brian
    what do you mean??
     
  11. Bran

    Bran Well-Known Member

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    Lack of supply, people missing out
     
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  12. Marg4000

    Marg4000 Well-Known Member

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    Often these sites are reserved for house and land packages. There is no guarantee that the land will be sold direct to the public.

    If they are, they will be expensive. Knock down rebuild 600sqm sites in Sunnybank are now going for over $700K, and being snapped up quickly.
    Marg
     
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  13. Ting

    Ting Member

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    Check lemon st, there are few blocks subdivided. About 400m2 in the front and 600 m2 in the back block. Land only at high 300k. Close to fruit grove station.
     
  14. Ting

    Ting Member

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    I keep getting a lot of want to buy sheets and even agents knocking door asking. Any House at right price will disappear in no time
     
  15. dan2101

    dan2101 Well-Known Member

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    Will this be a good or bad thing for Runcorn prices in general?
     
  16. Ting

    Ting Member

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    What do you think?
     
  17. Big Will

    Big Will Well-Known Member

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    I would guess short term pain, long term gain.

    Short term pain as prices will be effected by the increase supply of land. Once this has been bought, developed and sold it will increase the desirability of the area.
     
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  18. dan2101

    dan2101 Well-Known Member

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    Not sure @Ting thats why I was asking. If they flood the market possibly not a good thing but if it pulls the prices up a bit closer to Sunnybank as people seek newer properties nearby could be good I guess.
     
  19. Marg4000

    Marg4000 Well-Known Member

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    Developers aren't stupid and rarely flood the market. Most release land in stages waiting for one to sell out before releasing more.
    That farm is a fair distance from Sunnybank.
    Marg
     
  20. JDP1

    JDP1 Well-Known Member

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    I'd say there still is a bit of supply in the Brisbane market.. Just not bargains anymore. Anyone expecting a bargain needs to look further out.
    If supply was so constricted like it is in Sydney, there would be a widespread boom by now.
    Having said that, supply ex inner-city apt stock will continue to tighten with the improvement in the bcc economy and resultant pop growth. As long as these demand vectors are there, prices should go only one way. For bcc - not sure about the rest.