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  1. G

    Small Development in Adelaide

    FM, The saying I like to use is that 'realestate.com.au doesn't prove what properties are selling for, it proves what they are not selling for......' Anyway, I think what you have found above is a mistake by the agent. There are two different floor plans on the ad for 14 Fulton. The text...
  2. G

    Small Development in Adelaide

    Granev, housing pricing is not as it first appears. Things to keep in mind. Footings, ceiling heights, heating/cooling etc.... Then the other things you have to budget for like storm water, land scaping, fencing, paving, kerbing..... You would be looking at atleast $1000sqm for the build...
  3. G

    Small Development in Adelaide

    It's an interesting topic, these duplexes. By duplex you're meaning a common wall right? In Adelaide we do everything we can not to have them adjoining (not even the garage walls). It just gives the sense of being disconnected from your neighbours. You couldn't have a meter gap between them...
  4. G

    Small Development in Adelaide

    RE, I had a feeling I had answered this for you in another thread so excuse me if I have already before. What is your motivation to build a duplex in an area where land is so abundant and cheap? There is very little difference in price and it seems such a waste to try and save a tiny bit of...
  5. G

    Small Development in Adelaide

    Not to me, you can do a lot better for your money. I would much prefer to get a site that is in a much better location for $30-40k more. You will be able to sell the finished product for a lot more. You have chosen two busy busy roads used by lots of heavy vehicles and that's only the start...
  6. G

    Small Development in Adelaide

    FM, firstly well done on getting your budget together. You have a few things to have a look at but in the whole it is pertty reasonable compared to some I have seen put together. Some minor things you need to look at: Fencing. Not included yet. We work on $75/m installed. Storm Water. Not...
  7. G

    Small Development in Adelaide

    Last one we got done was a 800sqm block with timber/asbestos clad house on it. That was $9k 2 years ago. They get a bit of money for the bricks so isn't that much more for their efforts. I would think $12k would do it now but please double check that figure when you need to lock it into your...
  8. G

    Small Development in Adelaide

    FM, you should be able to find a quote for $1100/sqm. So it's possible for a small place. Steve, I think your demo and scrape price is a bit high. $12k should do it even including asbestos. Also about $10k a block for the division fees so $40k is a little high too so your figures are getting...
  9. G

    Small Development in Adelaide

    FM, How about you tell us what you have found out already and I'll fill in the gaps. No need for me to do all your work. :) Gools
  10. G

    Small Development in Adelaide

    Jas, there's still good money building two. 3 pack sites are just so expensive to get a hold of and then you have to be comfortable with the holding costs and delays while the 3 are getting built. I would suggest you would be better off going through the learning process with a double instead...
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