Some weeks old, but got me thinking:
http://www.cqnews.com.au/story/2012/08/24/outsiders-cash-in-on-building-boom/
I'd like to buy in Emerald QLD within the next 6-12 months or so but I suppose the issue of buying land and building vs buying a ready made H&L package would apply to many regional areas where the cost of building is high(er).
Land in the recent Emerald Highfields Estate release cost somewhere around $180k I believe. I'm not sure how much a full turn-key build cost would be but I assume you wouldn't get much change from $300k. So $480k total (plus stamp duty etc?). Does anyone go down that road when ready H&L packages are available for that price? What am I missing here?
http://www.cqnews.com.au/story/2012/08/24/outsiders-cash-in-on-building-boom/
I'd like to buy in Emerald QLD within the next 6-12 months or so but I suppose the issue of buying land and building vs buying a ready made H&L package would apply to many regional areas where the cost of building is high(er).
Land in the recent Emerald Highfields Estate release cost somewhere around $180k I believe. I'm not sure how much a full turn-key build cost would be but I assume you wouldn't get much change from $300k. So $480k total (plus stamp duty etc?). Does anyone go down that road when ready H&L packages are available for that price? What am I missing here?