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some approved apartment sites have finally hit the market and been sold recently looking forward to them going up and seeing how they fair. Looks like one bedders to start at $250K and 2 bedder $290 minimums from the enquiries I made.

Thanks for that - I have read the Brimbank housing strategy doc but hadnt seen this one !

well ground floor will be parking - so will need the other 3 floors for living - basement would be too expensive- I dont think lifts are mandatory or necessary in this suburb as will not be a prestige build - moderate build quality.

well I bought it recently and have since found similar approved sites selling around the $1M mark which is around $60K per unit site - So looking financially OK right now- just crunching numbers now to see how much the approval process will cost. Thanks again for your replies.

Ok thanks for your replies - It is in St Albans VIC - The council seems very keen to get some apartments approved in the area as it is part of their development plans for the area - I have since spoken to some other agents and they have showed me a couple that recently sold as approved 4 level...

Hi All - I have had indication from council town planner that they would allow a 4 level apartment building on a block I just bought in st Albans subject to their approvals process - as there are really no apartments right now in St albans to base any past sales - My question is I am trying to...