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The mystery of Stockland
Topic Started: 28 Aug 2012, 12:58 PM (9,819 Views)
peter fraser
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Count du Monet
30 Aug 2012, 09:55 PM
I know that you can read.

http://www.theaustralian.com.au/national-affairs/state-politics/state-slashes-development-costs/story-e6frgczx-1226038111328

Again the prices quoted are for the most expensive developments. None of this is ordinary fringe development.

Tell me instead the typical infrastructure contributions, not the most expensive.
Are not the majority of developments on city fringes, that doesn't mean a fringe development, these are the high cost developments where greenfield land prices are high and expectations from both the buyers and authorities are high - if you want costs for a wink wink development at Thargominda that no one wants to buy then what will that prove.

I'm sure that there are some well priced blocks somewhere in the never never that no one wants, but who cares?

Edited by peter fraser, 30 Aug 2012, 10:08 PM.
Any expressed market opinion is my own and is not to be taken as financial advice
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Count du Monet
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peter fraser
30 Aug 2012, 10:04 PM
Are not the majority of developments on city fringes, that doesn't mean a fringe development, these are the high cost developments where greenfield land prices are high and expectations from both the buyers and authorities are high - if you want costs for a wink wink development at Thargominda that no one wants to buy then what will that prove.

I'm sure that there are some well priced blocks somewhere in the never never that no one wants, but who cares?
More nonsense. The prices you showed were price caps.....not average prices.

The NSW cap is 30k, but several years ago the average infrastructure contribution in NSW was 5k to 7k.

And remember for Vic and just about every other place in Aus....it's zero.
The next trick of our glorious banks will be to charge us a fee for using net bank!!!
You are no longer customer, you are property!!!

Don't be SAUCY with me Bernaisse
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peter fraser
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Count du Monet
30 Aug 2012, 10:14 PM
peter fraser
30 Aug 2012, 10:04 PM
Are not the majority of developments on city fringes, that doesn't mean a fringe development, these are the high cost developments where greenfield land prices are high and expectations from both the buyers and authorities are high - if you want costs for a wink wink development at Thargominda that no one wants to buy then what will that prove.

I'm sure that there are some well priced blocks somewhere in the never never that no one wants, but who cares?
More nonsense. The prices you showed were price caps.....not average prices.

The NSW cap is 30k, but several years ago the average infrastructure contribution in NSW was 5k to 7k.

And remember for Vic and just about every other place in Aus....it's zero.
Where on earth did you get that information from?
Any expressed market opinion is my own and is not to be taken as financial advice
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Trojan
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Count du Monet
30 Aug 2012, 05:20 PM
No, if you failed to notice the Bears can actually point to real costs. Do it on the large scale and it is made very affordable. But if you like, we can raise price. You can do it expensively it you like.
Sure you can do it, if you can find some greenfield that has been approved for development. If you can find anything around Melbourne the Greenfield it will be the equivalent of 100k per houseblock.

As has been pointed out and slips past you every time.

Oh no, the big bad developers has bought all the land possible to build a house on :re:
Remember people here keep reminding us Australia is not about to run out of land anytime soon? :to:

Lets completely ignore the holding and other costs to turn those farms into approved greenfields.

I put trolls and time wasters on my ignore list so if I don't respond to you, you are probably on it ....
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Shadow
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Evil Mouzealot Specufestor

Count du Monet
30 Aug 2012, 07:47 PM
Shadow sockpuppet coming up! :D

Phil the engineer
Wulfie... I only have two sockpuppets on this forum.

My socks are Count du Monet, and Audas.

Everyone else is Strindberg's sockpuppet.

Now, it's mohito time.

Cheers,

Frank.
Edited by Shadow, 30 Aug 2012, 11:24 PM.
1. Epic Fail! Steve Keen's Bad Calls and Predictions.
2. Residential property loans regulated by NCCP Act. Banks can't margin call unless borrower defaults.
3. Housing is second highest taxed sector of Australian Economy. Renters subsidised by highly taxed homeowners.
4. Ongoing improvement in housing affordability. Australian household formation faster than population growth since 1960s.
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Count du Monet
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Trojan
30 Aug 2012, 11:18 PM
Oh no, the big bad developers has bought all the land possible to build a house on :re:
Remember people here keep reminding us Australia is not about to run out of land anytime soon? :to:

Lets completely ignore the holding and other costs to turn those farms into approved greenfields.
That's an extremely stupid thing to say.

If you had a clue about anything, you'd know that mass developments only occur in the areas with the infrastructure heads nearby.

Have a read and try to grow a brain.

http://www.theage.com.au/news/in-depth/the-price-of-a-piece-of-dirt/2007/09/21/1189881777001.html?page=3
Edited by Count du Monet, 31 Aug 2012, 12:23 AM.
The next trick of our glorious banks will be to charge us a fee for using net bank!!!
You are no longer customer, you are property!!!

Don't be SAUCY with me Bernaisse
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Enjoy The Ride
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Shadow
30 Aug 2012, 11:23 PM
Wulfie... I only have two sockpuppets on this forum.

My socks are Count du Monet, and Audas.

Everyone else is Strindberg's sockpuppet.

Now, it's mohito time.

Cheers,

Frank.
Shadow- I suspected Count was your sock but audas?- sort of makes sense, the smarter twin for your other sock moops.
Enjoy The Ride!

The case for individual freedom rests chiefly on the recognition of the inevitable and universal ignorance of all of us concerning a great many of the factors on which the achievement of our ends and welfare depend. It is because every individual knows so little and, in particular, because we rarely know which of us knows best that we trust the independent and competitive efforts of many to induce the emergence of what we shall want when we see it. Humiliating to human pride as it may be, we must recognize that the advance and even the preservation of civilization are dependent upon a maximum of opportunity for accidents to happen.”
― Friedrich A. von Hayek


"I, on the other hand, am a fully rounded human being with a degree from the university of life, a diploma from the school of hard knocks, and three gold stars from the kindergarten of getting the shit kicked out of me." Blackadder.


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Count du Monet
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Quote:
 
No you weren't.
You were talking about how much profit there is in new greenfield house and land packages.
Last time I looked, house and land packages included a house :)


Bump
The next trick of our glorious banks will be to charge us a fee for using net bank!!!
You are no longer customer, you are property!!!

Don't be SAUCY with me Bernaisse
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Trojan
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Count du Monet
3 Sep 2012, 08:50 PM


Bump
You bumped the wrong thread.
This one you didn't talk about constructions costs but in other ones you did.
Can you bump those ones instead?


Edit:
I don't keep a list of people's post but a quick search came up with this
I'm sure there is more but can't be bothered digging them up when you just squirm anyway.
http://australianpropertyforum.com/single/?p=8332350&t=9554900

Surely you weren't talking about 12 square development blocks and called them houses by mistake? :re:
Edited by Trojan, 3 Sep 2012, 09:29 PM.
I put trolls and time wasters on my ignore list so if I don't respond to you, you are probably on it ....
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Count du Monet
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Quote:
 
I raise your bullshit and call.

The construction price for a small 12 square house was 55k in 1985.

Since then wages have increased 2.75x.

55k x 2.75 = 151k.

But today you pay 120k for a 12 square.

In fact by 130k you can get 16 square, which is huge by the standards of my childhood.

The fact is construction is 20% or more cheaper in real terms than it was a generation ago!!!


Ok....I'm referring to constructions, not house & land.....let me repeat.....not land......just house.......no land.....just house on its own.
The next trick of our glorious banks will be to charge us a fee for using net bank!!!
You are no longer customer, you are property!!!

Don't be SAUCY with me Bernaisse
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