Hi all,
WOW is all can say.
I went to a new house/land release estate the other day which is located in Watson (inner north subrub of Canberra - but right on the edge of Canberra from that direction).
Anyway, I've always complained that new apartments etc in Canberra are too small, but what i saw on Saturday really does take the cake (and concerns me about future family homes in Canberra).
These were described as houses. A place you can make a home and a place you can raise children and live as a family in this so called family friendly housing estate...
So what are they....
This is the average home in the estate:
- 207 sq/m block of land
- 3 bedroom home (yes described as a house which you turn into a home)
- 1 bathroom
- 1 garage
- no ensuite
- 90.8 sq/m living space (for 3 bedrooms!!!!)
Cost - 429k!!!!!
The above is an average one - some of the larger houses (remember they are described as actual houses) come into 95 sq/m to a "massive" 101 sq/m. Those ones hover around 439-445k. Some are freestanding and some have shared walls (but still are called houses).
So what about the area - yes, it is in the inner north and yes the old area of Watson is a very nice suburb which is relatively close to Dickson. But these new ones, are on the edge of Watson, right next to the Federal hihgway (which is the road to Sydney), nowhere near buses, not within walking distance to the shops, and basically stuck outside the rim of the suburb. There is a servo nearby that sells basic grocery items at 15-20% more then Woolies and this servo is known to be a night hang out for those who cruise and race the streets in hotted up cars.
Call me old fashioned or something, but i cannot fathom a separate 3 bedroom home, where you can raise a family, being under 100 sq/m and still costing you 420-445k (which will come close to 500k when you include stamp duty and legals).
Now the thing that gets me, as i was at this release, there were heaps of youngish couples there being "aggressive and very determined" in making certain they were getting their names on the list and getting as much info as possible. In other words, some people were very determined to the point of being crazy....
From all that, not thinking of the poor location, but the actual size of these "houses" and the price involved just blew me away - especially since they are being decribed as houses.
I cannot understand how people would spend so much money to get so little. I guess it is the pressure in having to get onto the first rung of the property ladder.
But having said that, I'm sure if people sat down and thought about it, they could do far better in paying 440k for not quite 100/sq metres of living space on 200 sq/m of land. To me, that is just plain ridiculous.
Am i the only one thinking like this?????
g
WOW is all can say.
I went to a new house/land release estate the other day which is located in Watson (inner north subrub of Canberra - but right on the edge of Canberra from that direction).
Anyway, I've always complained that new apartments etc in Canberra are too small, but what i saw on Saturday really does take the cake (and concerns me about future family homes in Canberra).
These were described as houses. A place you can make a home and a place you can raise children and live as a family in this so called family friendly housing estate...
So what are they....
This is the average home in the estate:
- 207 sq/m block of land
- 3 bedroom home (yes described as a house which you turn into a home)
- 1 bathroom
- 1 garage
- no ensuite
- 90.8 sq/m living space (for 3 bedrooms!!!!)
Cost - 429k!!!!!
The above is an average one - some of the larger houses (remember they are described as actual houses) come into 95 sq/m to a "massive" 101 sq/m. Those ones hover around 439-445k. Some are freestanding and some have shared walls (but still are called houses).
So what about the area - yes, it is in the inner north and yes the old area of Watson is a very nice suburb which is relatively close to Dickson. But these new ones, are on the edge of Watson, right next to the Federal hihgway (which is the road to Sydney), nowhere near buses, not within walking distance to the shops, and basically stuck outside the rim of the suburb. There is a servo nearby that sells basic grocery items at 15-20% more then Woolies and this servo is known to be a night hang out for those who cruise and race the streets in hotted up cars.
Call me old fashioned or something, but i cannot fathom a separate 3 bedroom home, where you can raise a family, being under 100 sq/m and still costing you 420-445k (which will come close to 500k when you include stamp duty and legals).
Now the thing that gets me, as i was at this release, there were heaps of youngish couples there being "aggressive and very determined" in making certain they were getting their names on the list and getting as much info as possible. In other words, some people were very determined to the point of being crazy....
From all that, not thinking of the poor location, but the actual size of these "houses" and the price involved just blew me away - especially since they are being decribed as houses.
I cannot understand how people would spend so much money to get so little. I guess it is the pressure in having to get onto the first rung of the property ladder.
But having said that, I'm sure if people sat down and thought about it, they could do far better in paying 440k for not quite 100/sq metres of living space on 200 sq/m of land. To me, that is just plain ridiculous.
Am i the only one thinking like this?????
g