Recent content by Zerosignal

Update on our valuation. We contested and had the valuation bumped up $30k based on our comparatives and highlighting the errors in the valuation so in our case it was a worthwhile process. Now we do not have to pay any LMI for the loan.

Fair enough I went in to this knowing about valuations in the area, we are not typical home buyers we can cover the valuation shortfall. But if they are going to compare to like homes it should be one in the same suburb not two suburbs over it would like doing a Brighton valuation based on...

$240k is the value of improvements - good pick up there. Still the amount of 45sq double story monsters popping up on 512sqm blocks around me is incredible so someone must getting valuations through :) The house 700m away has definitely settled as it is listed with the valuer general at that...

Interesting you say that RV. We just got our valuation back and as we brought our land at a bargain price they couldn't knock us back on the land price. Our valuation has the land at purchase price but the build at $100k under with the comments that $300k is too high for a 36sq home build...

We just had a similar result in Melbourne. Purchase price $670k for our PPOR build, valuer came back in $570k. I was prepared for some pain but not $100k. Valuer put in the valuation that $240k is all that is needed for a 36sq house build... One of the properties in their valuation is 6.5km...

Gateway called me on Monday about buying a block so they are pretty close to release. I would call them to get information out of them as they may come at your price range. Also check out the following H&L from Henley to get an idea of pricing...

Man made waterway in Featherbrook? Probably designed to filter storm water from the nearby properties.

I would see if you can get in Williams Landing (more expensive I know), it has larger blocks than Allura and will be better serviced by train and the major activity centre. http://www.transport.vic.gov.au/projects/pt/railway-stations/williams-landing-project The train and larger blocks...

It is an area with young families, growing amenties, new houses and the demographics indicate a higher than average number of professional workers and owner occupiers than the average in Melbourne. The above combined with higher than average incomes = higher than average house prices for the...

I'd say it is going to be a good development but the best marina development is a little bit of a stretch :) I do look forward to seeing this unfold if anything from the selfish point of view of the construction of a beach no more than 5 minutes drive from my home. And before you all rat...

Hi DeeHwa, I agree that traditionally the East has outperformed the West in terms of percentage growth overall, the issue is the massively expanding population of Melbourne cannot be pushed further out Eastward places like Pakenham are already around 40kms out of town. So two things will...

Williams Landing is an interesting case - the estate itself constantly sells out and the purchasers are mostly 2nd and 3rd time buyers who in turn are building large homes. We were looking for land in December 2008 the going price was $200k for ~ 630 m2 the latest release which was closer to...

First post here. I saw in todays Herald Sun that the first stage has sold out and that stage 2 will be starting from $285k for 312 sqm! :eek: Interstingly this is the fourth google link when you google 'Wyndham Harbour'. I'm a local in the area and I am interested in what plans they...