Search results

Another one has just listed. I don't mind the three to the west but to the east... townhouse city! :eek: http://reiwa.com.au/Buy/Pages/More-info.aspx?SearchType=RESSALE&prop_no=1&listingid=10422095&listingno=3423896&puid=0

I forgot to mention in City of Belmont to look out for the ANEF contours. The State Government has a policy about the max density in each contour. For example, if the ANEF is 25-30 the max density might be R20, so you can't rely on a rezoning in that case. I am just using this as an example -...

I hope you like painting! Have you thought about a house and land package... maybe something like this? http://www.realestate.com.au/property-house-wa-kewdale-115857627 It's not a recommendation because I don't know anything about them. They are probably development for dummies type...

I think there will be a market for what you describe. Or it will be too expensive for a family to buy and a developer will snap it up I guess. Either way, it's hard to imagine a scenario where such a produce, within 10km of the CBD is worth less than it cost now in 20 years time.

The residential block apartments are an experiment with an unknown outcome. Who knows if Belmont is happy about this or not? I know they have been pushing demo and med-density builds on corner blocks for ages. Looking at the built form outcome... some of them are pretty nice! It's early days for...

That's my concern too. There is already discounting in this segment... in this market! I am concerned in the market softens this segment will be hit hard.

As someone who is looking for a dev site in the City of Belmont, I agree with this. I have watched prices rise and rise but I won't be paying current prices for these blocks. I'm more interested in R20 than R100 for what I am planning.

Council rates will go up, water rates will go up, interest rates are likely to increase.

It will be in the scheme and/or a local planning policy. Without looking it up, my guess would be: a) must demolish the existing house b) minimum of two story...

It's really important to try to work out what you can develop on the block. For example, if you are looking at 1x1, 2x1 and 2x2 apartments, consider whether there will be any demand for them in 2 years time. If you have a look at the listings in the area, there are a lot of these on the market...

I saw that. What a dump! But really, in real estate terms... dump means heaps of potential. You would have to make sure it's structurally sound but if it is it could be a great buy. I can't get my head around 5x1 though. My priority would be to work out how to conjure up another bathroom.