Posts by zoltaire • Home Renovation & Building Forum

zoltaire

Joined 21 July 2020

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zoltaire

13 September 2020

Re: Low valuation for new build construction loanBuilding A New House

Sep 13, 2020 10:54 am

Excessive Home loan repayments/ mortgage stress, followed by a forced bank sale, is not my idea of a lifestyle choice 30 + Years ago there was no internet, data and warnings Caveat emptor, choose wisely Ironically it actually makes the repayments even more affordable - the mortgage becomes $500k in...

Ironically it actually makes the repayments even more affordable - the mortgage becomes $500k instead of $600k, repayme...

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zoltaire

13 September 2020

Re: Low valuation for new build construction loanBuilding A New House

Sep 13, 2020 10:49 am

Check sales prices of new display home in the estate.. you're in for a shock :shock: Yup - that was the feedback from the valuer....high spec ex-display homes on comparable block sizes at a much cheaper cost. My build has lots of upgrades, which obviously are not factored in the valuation, which I ...

Yup - that was the feedback from the valuer....high spec ex-display homes on comparable block sizes at a much cheaper c...

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zoltaire

13 September 2020

Re: Low valuation for new build construction loanBuilding A New House

Sep 13, 2020 10:14 am

Yup - that was the feedback from the valuer....high spec ex-display homes on comparable block sizes at a much cheaper c...

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zoltaire

13 September 2020

Re: Low valuation for new build construction loanBuilding A New House

Sep 13, 2020 9:57 am

Hi Zoltaire, Which actual suburb is it? Suburb is Bushmead - just adjacent to Hazlemere.....new estate

Suburb is Bushmead - just adjacent to Hazlemere.....new estate

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zoltaire

12 September 2020

Low valuation for new build construction loanBuilding A New House

Sep 12, 2020 8:14 am

Hi all looking for some advice...there may be some out there who have been in a similar position. Recently bought a block of land here in Perth, east of the city around 16km from CBD. Block is 527m2 in a new estate. Over the last few months been busy organising a building contract with Dale Alcock h...

Hi all looking for some advice...there may be some out there who have been in a similar position. Recently bought a bloc...

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zoltaire

7 August 2020

Re: Building Dale Alcock's Archipelago in Wellard, WABuilding A New House

Aug 07, 2020 3:45 am

Archipelago is a great design, bloody big house - I am also building with DAH and went with the Wedgewood. I originally also pulled out Flooring and Painting but beware that it can make financing a construction loan more difficult depending on the lender (assuming you need one), so I put them back i...

Archipelago is a great design, bloody big house - I am also building with DAH and went with the Wedgewood. I originally ...

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zoltaire

3 August 2020

Re: New Build - Bushmead Estate, WABuilding A New House

Aug 03, 2020 2:10 pm

Depends on your situation, if you’ve got three kids or planning on having in the future I’d leave it as 3 similar sized bedrooms. If this is your forever home then do what works. Also would depend on the area is a four bedroom home more sort after therefore paying a much higher premium than a 3 plu...

Thanks for the feedback - totally agree. Unfortunately with the block size and council requirements, I can't make it an...

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zoltaire

3 August 2020

Re: Bushmead Estate - WABuilding A New House

Aug 03, 2020 12:24 pm

I'll follow this, because I couldn't afford the extra 50k+ to build there :-? Keep saving - The second stage (Bushmead South) is only a year or two away and you will have some choice of great blocks. Don't worry too much about missing out on the grants - all the builders have increased their prices...

Keep saving - The second stage (Bushmead South) is only a year or two away and you will have some choice of great block...

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zoltaire

3 August 2020

Re: Bushmead Estate - WABuilding A New House

Aug 03, 2020 9:38 am

Hi All - got the building drawings, keen to hear other's feedback - especially around the room sizes. I can't mess with it too much at this point, but was thinking to reduce the depth of Bed 3 to make it more like a study/spare and increase the depth of Bed 2 and 4 to make them a bit more roomy. I h...

Hi All - got the building drawings, keen to hear other's feedback - especially around the room sizes. I can't mess with ...

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zoltaire

1 August 2020

Re: FHO- Building in WA using HomeBuilder GrantsBuilding A New House

Aug 01, 2020 6:07 am

Watch out for build price increases. As soon as the grants was announced, some builders increased their prices by $20k plus. Also check with the builders to ensure you can actually get your slab down this year - there has been a massive surge in sales and you might find there is quite a backlog.

Watch out for build price increases. As soon as the grants was announced, some builders increased their prices by $20k p...

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zoltaire

21 July 2020

New Build - Bushmead Estate, WABuilding A New House

Jul 21, 2020 4:51 pm

Hi All - Looking to build a new house out in Bushmead (new housing estate east of Perth) and wondering if there is anyone who either has built out there or is currently in the process of doing the same? I found a few threads from a few years ago, but more interested to hear any recent opinions and e...

Hi All - Looking to build a new house out in Bushmead (new housing estate east of Perth) and wondering if there is anyon...

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