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  • Profile photo of tomtkbtomtkb
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    @tomtkb
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    The world is faced with so many problems. Housing boom in the inner Melbourne, people paying million to be a small property  while big land at the outer side of Melbourne are faced with low demand.

    A wide gap and confuse.

       

    Profile photo of tomtkbtomtkb
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    @tomtkb
    Join Date: 2005
    Post Count: 44

    The world is faced with so many problems. Housing boom in the inner Melbourne, people paying million to be a small property  while big land at the outer side of Melbourne are faced with low demand.

    A wide gap and confuse.

       

    Profile photo of tomtkbtomtkb
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    @tomtkb
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    Hi
    has been long time I have not login but looks like school is indeed an important point to pick the right property. Another to be aware of private schools are not governed by the school zone, only the public school.
    Then of course with the price of petrol going up, it would be good to minimise traveling distance.

    Profile photo of tomtkbtomtkb
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    @tomtkb
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    Well, I can sell it but the process is not simple and risky. Maybe I should subit a complaint to the consumer affair.
    Property developer out there, do you agree so?

    Profile photo of tomtkbtomtkb
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    @tomtkb
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    Hmm, look like there is a gap in the system. Wondering why no one highlighted this to the builder governance organisation.
    In all project there should always be start and end date. I guess this an learning to be captured. Saving on stamp duty may end up losing interest and opportunity to invest.

    Profile photo of tomtkbtomtkb
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    @tomtkb
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    Yes it is in Melbourne. Is the vendor in breach of the contract – not really. The problem is the contract did not state the time line and it is an overlook on my side. hmm also my solicitor I suppose.
    Is that legal not to put the delivery date.

    Profile photo of tomtkbtomtkb
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    @tomtkb
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    Hmm, I guess in term ofbuying for own stay, North west sound good but for investment point of view, I think the investment growth rate would be slow as mentioned by Michael Y.
    Today when I look in Realestate.com.au, they are more cheap land for sale about 100k range. Very attractive!
    Regards
    Tom

    Profile photo of tomtkbtomtkb
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    @tomtkb
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    Yes I have and waiting for response.

    Profile photo of tomtkbtomtkb
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    @tomtkb
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    Hi Michael, agreed with view – that people don’t live on price alone but price does take up a high % value in decision making.
    Also for new PI, these are the locations would be the the place to begin looking for a 1st property(affortability).

    Regards
    Tom

    Profile photo of tomtkbtomtkb
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    @tomtkb
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    Hi,
    In any project management process, every tasks must have a timeline. As for this case, developer cannot take forever to decide when to fix the delivery date. The money put the trusts does not grow and is losing buying power daily and nobody benefited. All the saving in stamp duty is lost, isn’t it?

    Profile photo of tomtkbtomtkb
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    @tomtkb
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    May I ask why you pick north west of Melbourne?
    Regards
    Tom

    Profile photo of tomtkbtomtkb
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    Hi,I think you would be lucky if you could get 3-4% in these areas.

    Profile photo of tomtkbtomtkb
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    @tomtkb
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    I could not find any date of completion and according to the developer – they have yet to finalise the date. Can they do that?

    Profile photo of tomtkbtomtkb
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    @tomtkb
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    Thanks Terry for sites.

    Profile photo of tomtkbtomtkb
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    What would be the % ratio for the additional? i.e. Basic vs basic plus paving, carpet, lanscaping

    Profile photo of tomtkbtomtkb
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    @tomtkb
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    Thanks Terry.
    I have been doing some reading in this forum and discovered lots of information. It is great.
    Understand that in Australia there are 8 types of trust, can anyone let me know where I get some information on this?

    Thanks

    Regards
    Tom

    Profile photo of tomtkbtomtkb
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    I have manage to check out the website, the prices is about 140k plus basic house – no paving, carpet nor landscaping.
    Would paving, carpet and lanscaping cost up to 100K?

    Regards
    Tom

    Profile photo of tomtkbtomtkb
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    Thank you so much – I shall give it a try and let you know the outcome later.
    Tom

    Profile photo of tomtkbtomtkb
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    Hi Sparky,
    Thanks – I do not have a break quotation, only lump sum. I.e. Cost of the House, landscaping, Kitchen Cabinet, build in wardrope and lights.

    Hmm I guess the non basic came out to be hundred K. Is that right?

    Regards
    Tom

    Profile photo of tomtkbtomtkb
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    Any developer would like to advise?

Viewing 20 posts - 1 through 20 (of 33 total)