Guys, We are looking to buy out next house/land in northwest area and were able to save just enough deposit. We are dangling between buying in Schofields vs Marsden park and have done a bit of research. (see attached picture)
Basically on high level
Newpark - We can get larger land (better value for money) but 15min from train station and with higher flood risk
Akuna Vista - We can get be close to train station but not so good aspect & still developing community.
What are your thoughts/recommendation on where should we buy? For people who have started building in Akuna vista or Newpark (4xxx series lots), did you face issues in getting loan, valuation, additional builder expense or insurance because of flood risk. fyi - Currently based on Blacktown council info, some Newpark lots are high risk for flooding.
Sorry if people have already asked similar question in past, Feel free to point me out to resources.
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Legend
Red - We are most concerned about
Orange - We are concerned but can live with
Bold - High importance for us in decision making