Hi guys, New to this forum. I have a property in Woodcroft. Initially bought with my partner as an investment but also picked something we could live in if we wanted to. I am wanting to secure some land, however everything appears to be too expensive. I was looking at this one in Quakers hill 16 Galbraith Street Quakers Hill NSW 2763 - Residential Land for Sale #201923982 - realestate.com.au But I'm not sure how good of a deal this is and whether or not having 2 properties so close to one another is the right move. Thoughts?
I'm not a fan of battle axe blocks if understanding diagram. It's kind of like semi. I know it's not. Maybe town house complex. Any discount over street facing normal blocks?
Anything in the quakers hill or sydney will ultimately sell, no doubt about that. But I am not a fan of that kind of blocks. The house designs for those shapes are not very fancy looking
Agreed with others. Not a fan of battleaxe properties. Will be tough for resale too. They are other good properties in Quakers hill. There was a nice property 500m to the station which I posted on the forum which was gone in 1 week. Maybe look at this one. In a good location 26 Pendley Crescent Quakers Hill NSW 2763 - House for Sale #126742210 - realestate.com.au
In Blacktown there is good frontage, 20-25m, and decent size blocks of land that come with a house on it for ~$1,200/sqm
If you are still looking. Look at this one advertised today in Quakers Hill. 300 m from the station, shops etc. Location Location 29 Tichborne Drive Quakers Hill NSW 2763 - House for Sale #126960534 - realestate.com.au
By the time you factor in building costs on a block here (even for a basic 4x2x2 house) you're looking at high $700K's - take a look at what existing stock has sold for in this price bracket as I believe it represents better value. Even some of the older duplexes (renovated) in the area are on similar land and cheaper than building new. Also be aware that not everyone would be happy being this side of QH and so close to the sewage treatment plant- comes down to personal choice.
Hi Jacque, Did you mean 700k as the build costs or land+build costs? I think in this estate most of the block of land sells very quickly. Maybe this block is still left bcoz its a battleaxe
Hi @AAA2214 $700K referring to total cost of new block + house. It's surprising how fast those display "total build costs" can add up, so make sure you budget a 10-20% contingency on top of what you're quoted by the building companies here. Battle axe blocks are normally cheaper in these estates as a general rule too.
Got it! The land itself is selling around 520-600k as they are big blocks around 500sq . To add about 300-350k for build costs for a 4 bedder. So we are looking at around low to mid 800s for the total build cost + stamp duty
