墨而本 BALWYN 拍卖

chiny

原帖由 newtoall 于 2011-10-15 16:31 发表
Too expensive ....  Know some one purchased a corner block 4 bedrooms + 1 study  + 2 toilets + a big undercover brick car park - two level house with 700sqm in a square land in the april 2009 within t ...

I tell u what, corner block rarely can get da permit to develop, dats so called value which can make $$in da future or not, da buyer aint nut~~it really make difference in pricing~~interestingly, also, my auntie bought a corner block old house@1.6 mil around 2009, over 1000sqm~~no permit for develop, just only can re-build it, for self-living, it aint gonna be that bad, but for investment, its real crap~~~again, buying a house in such location, making sure da buyer purpose is da main point, we cant say if its worthy or overpricing in some circumstance~~~

newtoall

原帖由 chiny 于 2011-10-15 17:26 发表I tell u what, corner block rarely can get da permit to develop, dats so called value which can make $$in da future or not, da buyer aint nut~~it really make difference in pricing~~interestingly, als ...

You need read and be educated by this article http://brutalart.com.au/property-development/corner-block/

If square large corner block is hard to get permit to redevelop or subdivide then other place in the same street with similar land size will be harder than this. (Remember corner block is different to the court position ) Provided there is no heritage overlay. I know that one is not.

The 1.6 m your aunti bought can be used for re-build for luxury mansion but then the cost will be high.   The 1.05m i mentioned, the price is incl. stamp duty... the council price at that time is 1.05m and he bought it below the council value.

[ 本帖最后由 newtoall 于 2011-10-15 20:48 编辑 ]

chiny

原帖由 newtoall 于 2011-10-15 19:12 发表

You need read and be educated by this article http://brutalart.com.au/property-development/corner-block/

If square large corner block is hard to get permit to redevelop or subdivide then other place ...

nah~~i couldnt see ya point~~ dats another story~~~it all depends on council planning~~i was talking abt balwyn but not PC~~
back@one, how to valuate da property, it could reflect on its price~~~ooo, yes, indeed~~same surb, same locatio& position, we can make a comparison, otherwise, its pretty hard to put it into same basket, STCA, the potential to get da permit determines its value, present value + future value = purchasing price, so da price in different position would be vary~~~yea, balwyn council is pretty harsh in permit approvals, but it still having some chance to get it in some high density area&position, all i thought is base on that scenario~~~it makes difference in pricing~~~normally da agent would play some trick, to reveal owner reserved price b4 auction, off course its false infor which is much lower than market value, in order to attract more buyer to get involve into da auction, then sky high its selling pricing~~