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Thanks for your replies, very interesting, I'm not Indian by the way :) There's not a lot of new land being sold where we are looking so we think that more land will be the way to go. Cheers, Grant

Thanks for your comments guys. Yes, we are thinking to choose the latter. At the moment we are choosing between a 3 bedroom house on approx 420 square metres and a 4 bedroom on approx 650 square metres. The 3 bedder is much newer and we think we may be paying a premium for that, when in...

I am slightly confused about the price of properties on the market in western Sydney where my partner and I are looking to by our first home. Here are the factors I am having issues with: 1. Are newer built houses worth more than older ones even if the older ones have been renovated (eg 7...