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What's Crowd funding..Never heard this term Am looking at this in a totally different way to you, it not a done deal Mtr

I agree Rixter, but I would be bloody ticked off if they were holding my money. Hopefully they move forward with this development so then at least you have the option to build or sell Mtr:)

My thoughts... not good news, developer in total control, as they are holding your money tied up for I think 2 years, even if values have gone up there are just no guarantees it will go ahead. Opportunities lost, where money could be used in markets that are rising.

So does this mean nothing really happens until those 3 lots are sold??

Curious, have all the blocks been snapped up?

Hi Rixter Any updates on this? Cheers MTR:)

Great. I have not been watching this area, however I happened to come across it today in my many searches and I think blocks are over $300K, as I mentioned land has gone ballistic, good work:) Could do a nice build on this, I also expect rent would be pretty good on new product

Hi Rixter Any updates with regards to this?? I have spent the morning looking at developments sites everywhere, one thing is for certain, very, very difficult to source land at the moment in Perth. I see there is lots of activity in Southern River area, if this goes ahead you will do very...

Hi jbeena Have a look at this link, in particular posts by sash regarding land and house packages, may not be 50% discount, however this strategy may be very helpful. http://somersoft.com/forums/showthread.php?t=85540&page=31

I think you will be pushing to find land at 50% discount anywhere. Have you researched what land is available in Perth, its one thing wanting 50% discount but I would be more concerned about the potential of the area. Another option - Why not buy in an area in Perth close to the city...

IP in Sydney, have a look at various threads, posts on West Syd, formite - Skater....