That wasn't the cheapest POS I could find, It's a good qualty starter home Ideal for a young couple
"build on the OUTSKIRTS of Melb North and West"What I am saying is that it is not logical these days to expect a family should automatically be able to afford a house and land close to the city
You're tarring every FHB with a wide brush there, not everyone thinks that way............and besides were not talking about the big end of town here.....Trouble is most people want to start where their parents have finished and rather than save and plan to get into somthing small, They rent over their budject and complain about the market.
Do you only skim posts?As I said earlier though, you want land, move out of the city,.. Australia is huge plenty of land out there.
FHB still have to pay stamp duty in Melb..........and you only get a slight discount if you will be moved in within 12 months........and I mean slight.........you should know that.you are kidding macca.....here is just one example with about 20 or more homes...house and land packages...no added stamp duty for fHB's
Like fun...everything is included....
Is that what you call itps most of us have tried to show you, how to be smart with a property, and not pay top dollar....
See that little star after the price..........that means there's more to the story.........in this case at bare minimum "FHB price AFTER grant"have a look at this one 229 k's and a big choice of suburbs....
http://www.arbgroup.com.au/form/?ref=4
I recommend starting early on somthing small and trading up as you go through life,
Trouble is most people want to start where their parents have finished and rather than save and plan to get into somthing small, They rent over their budject and complain about the market.
"Average included 2 kids last I checked"
"build on the OUTSKIRTS of Melb North and West"
You're tarring every FHB with a wide brush there, not everyone thinks that way............and besides were not talking about the big end of town here.....
"once again these are the CHEAP end of the market"
Do you only skim posts?
"build on the OUTSKIRTS of Melb North and West"
cheers
London has 2 1/2 times the population of Sydney and covers 1/4 of the area.They do build 3 bedroom units as well.
Yep eventually the urban sprawl will make the out skirts unaffordable.
In a large over populated city a 3 bedroom house is the big end of town, Try and find a 3 bedroom house on a decent block in londan or new york. even after their recent price crashes, a house and land is only in the realm of the elite.
What you have to realise is that over the years in a growing city what the average family can afford changes.
Maybe some can do this throughout life.. or in my parent's case, they bought their 3br house 40km from the city, as it was all they could afford at the time to raise a family. Then got divorced, and split the wealth. 35 years later they never/still were never able to afford anything closer to the cityThis may well become the common scenario for many families, not through lack of trying. It's very hard to "trade up" and more further in, unless you are quite career driven, and wish to make sacrifices, sometimes the expense of your family life.
But anyhow, that is them.. From that I learned a lot about what I *didn't* want..
London has 2 1/2 times the population of Sydney and covers 1/4 of the area.
Apples and oranges.
<edit to add> Wages are *much* higher too ('cept for the low end).
It is a factor, but not the only one.my point is just that as cities grow things change. My great grandad could have bought a 1/4 acre block at bondi beach on an average income.
Obviously it would be crazy to expect this to be considered affordable now.
This is what I mean land becomes more expensive as you try and cram more people into the same space.
It is a factor, but not the only one.
My point is that Sydney should not be compared to London or NY city. There are a multitude of reasons of which I mentioned only a couple.
eg, There are dozens of large cities where inner city land is not worth Jack Sh`t.
They do build 3 bedroom units as well.
Yep eventually the urban sprawl will make the out skirts unaffordable.
In a large over populated city a 3 bedroom house is the big end of town, Try and find a 3 bedroom house on a decent block in londan or new york. even after their recent price crashes, a house and land is only in the realm of the elite.
It is a factor, but not the only one.
My point is that Sydney should not be compared to London or NY city. There are a multitude of reasons of which I mentioned only a couple.
eg, There are dozens of large cities where inner city land is not worth Jack Sh`t.
Global City or world city status is seen as beneficial, and because of this many groups have tried to classify and rank which cities are seen as 'world cities' or 'non-world cities'.[3] Although there is a consensus upon leading world cities,[4] the criteria upon which a classification is made can affect which other cities are included.[3] The criteria for identification tend either to be based on a "yardstick value" ("e.g. if the producer-service sector is the largest sector, then city X is a world city")[3] or on an "imminent determination" ("if the producer-service sector of city X is greater than the producer-service sector of N other cities, then city X is a world city").[3]
......
Alpha World Cities ++: New York City, London
Alpha World Cities +: Hong Kong, Paris, Singapore, Sydney, Tokyo, Shanghai, Beijing
Alpha World Cities: Milan, Madrid, Seoul, Moscow, Brussels, Toronto, Mumbai, Buenos Aires, Kuala Lumpur
Alpha World Cities -: Warsaw, Jakarta, São Paulo, Zurich, Mexico City, Dublin, Amsterdam, Bangkok, Taipei, Rome, Istanbul, Lisbon, Chicago, Frankfurt, Stockholm, Vienna, Budapest, Athens, Prague, Caracas, Auckland, Santiago
Is this what you are wishing for Australia to become. No more cricket in the backyard and accommodation only for the elite, so that property is a commodity rather than a necessity for all.
Quality of life is what is important.
Is this what you are wishing for Australia to become. No more cricket in the backyard and accommodation only for the elite, so that property is a commodity rather than a necessity for all.
Quality of life is what is important.
Quality of life is what is important.
You *absolutely* can and should compare Sydney to London when it comes to property prices -especially if you want to understand where prices in Sydney are headed.
So this is where you reckon Sydney prices are going eh?
http://www.rightmove.co.uk/property-for-sale/find.html?locationIdentifier=REGION^85242&sortByPriceDescending=true&radius=5.0&primaryDisplayPropertyType=houses
Sydney has its attributes, but you are deluding yourself to compare it to London.
I'd pay up to live in London... in fact I do. But would I pay what I'm paying here to live in Sydney? No way. Laughable. It's all yours mate.
Just my opinion.
So this is where you reckon Sydney prices are going eh?
http://www.rightmove.co.uk/property-for-sale/find.html?locationIdentifier=REGION^85242&sortByPriceDescending=true&radius=5.0&primaryDisplayPropertyType=houses
Wow!
I am presently reading a SF book called "Flood" by Steven Baxter and excellent English author. It is about London being flooded due to global warming. Large swathes of London has housing in land that was swamps or is very low lying. There are large gates across the Thames to stop a flood occurring as has happened in the past but in the book the sea rise combined with a storm and accompaning water surge is enough to flood parts of London. I wouldn't buy any of those houses if they were in low lying land.
Sydney gets flooded also by the way. Lets face it, the whole city is in an alluvial plane. Wouldn't take much to do!!
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