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Don't have a fixed price yet. I don't go off what agents tell me. I go off what I see is sold on realestate.com

Who/what is P&N?

Sorry about the messiness of the reply. Hard to do it off my phone haha

when I say selling I mean they have been sold for that much. The ones selling for 940-1m are double garage and land is about 60sqm bigger. Mine is 320sqm block and single garage. The price Elderton gave me on their packages was just a rough figure because they wont be released for a couple...

It's been three weeks haha I bought the land a few weeks ago and the release after was 40k higher. The release after that will be 100k higher and there are lots 10sqm bigger than mine selling for 160k more than I paid.. I bought in a NW suburb in Sydney. Land price 398k. Build price for 4...

Thanks. If I went with say CBA,Would they compare my completed product with someone elses completed product (if they went with westpac), or does it all come down to actual sold properties? Sorry for all the questions. Just wanna learn about this stuff

Thanks mate! Would that apply to land too? I bought 320sqm for 398k and two weeks later they are selling the same land for 550k. How would valuation on that work?

So they couldn't look at Elderton Homes and say ok they have sold the same house for 800k 20 times over and this guy has it for 615k, shouldn't it be worth 800k too? Also, let's say they don't do that.. How long after the build can I get it valued so I can pull equity out and re-use it...

Hey guys, Was wondering if it's possible for a bank to calculate LVR on completed product rather than what I would pay for it? e.g. I am building a 4 bedder on small land in the Ponds.. Comparable sales vary from 800k to $1m. I will have a completed product with a good builder for 615k. The...