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You will also find that if you can identify areas that have a high end value for your product, not necessarily blue chip this will also help the bottom line, build costs will be the same. On the flip side Balga has such a low base, I have seen new product shy of $400K to $440K and so much...

That's correct $30K, I know someone who actually paid this so its experience, and you are getting my early morning brain, 2 cups of coffee and counting. Skuttles I also like Woodbridge far superior to Midland. Not sure though how period homes are viewed as there are many in this pocket...