Buying land at Tallawong Road Rouse Hill

soberhenry · Nov 16, 2016 4:44 pm

Hey guys,

Just wondering if anyone is trying to buy a lot of "Tallawong Heights" in rouse hill/east riverstone:http://www.hillsdirect.com.au/buy-residential-real-estate/vacant-land-lot-1-40-115-tallawong-road-rouse-hill-nsw-11847140241

I am going to put deposit and sign the contract but just worried about the long registration: Agent said 14 to 18 months, but sunset day on the contract says 48 months.Plus the land is still titled with owners name not with the developer.

Does anyone have experience of buying land in schofields\rouse hill\riverstone area?

What is your opinion? Thanks for your help in advance.

Regards
Henry

Deguzonthemove · Nov 16, 2016 6:53 pm

soberhenry

Hey guys,

Just wondering if anyone is trying to buy a lot of "Tallawong Heights" in rouse hill/east riverstone:http://www.hillsdirect.com.au/buy-residential-real-estate/vacant-land-lot-1-40-115-tallawong-road-rouse-hill-nsw-11847140241

I am going to put deposit and sign the contract but just worried about the long registration: Agent said 14 to 18 months, but sunset day on the contract says 48 months.Plus the land is still titled with owners name not with the developer.

Does anyone have experience of buying land in schofields\rouse hill\riverstone area?

What is your opinion? Thanks for your help in advance.

Regards
Henry

Deguzonthemove · Nov 16, 2016 6:59 pm

Hi Henry,
We bought land in Piccadilly estate (riverstone) back in July 2015 with anticipated registration time of 11 months (august 2016) it is now Nov 2016 and civil works still occuring... with registration anticipated for Feb-Mar 17 now.
The contract would most likely still be in current land owners name as the developers have purchased the land on an option, meaning it's not theirs yet whilst they await council approval to redevelop the land ( this shouldn't be an issue though in this area, depending on exactly what the developer plans for the site), so the timeframe they have provided sounds about right.... I would actually anticipate longer, ie 18-22 months as registration is taking awhile there.

All the best with ur purchase!!! Just a word of advice, if u are wanting to have a home sooner rather than later look at land that is registered or close to being registered, but if timing isn't an issue then go for it

wongbruce · Nov 17, 2016 7:34 am

soberhenry

Hey guys,

Just wondering if anyone is trying to buy a lot of "Tallawong Heights" in rouse hill/east riverstone:http://www.hillsdirect.com.au/buy-residential-real-estate/vacant-land-lot-1-40-115-tallawong-road-rouse-hill-nsw-11847140241

I am going to put deposit and sign the contract but just worried about the long registration: Agent said 14 to 18 months, but sunset day on the contract says 48 months.Plus the land is still titled with owners name not with the developer.

Does anyone have experience of buying land in schofields\rouse hill\riverstone area?

What is your opinion? Thanks for your help in advance.

Regards
Henry

Henry just remember that stamp duty is due within three months of exchange regardless so be prepared to meet the cost of that.

Good luck in the meanwhile

Kind Regards,

Bruce
"Building an Eden Brae Wardolf 50 in North Kellyville"
Blog: http://waldorf50.blogspot.com.au

soberhenry · Nov 17, 2016 8:34 am

thanks very much for your advice Deguzonthemove!!!

Deguzonthemove

Hi Henry,
We bought land in Piccadilly estate (riverstone) back in July 2015 with anticipated registration time of 11 months (august 2016) it is now Nov 2016 and civil works still occuring... with registration anticipated for Feb-Mar 17 now.
The contract would most likely still be in current land owners name as the developers have purchased the land on an option, meaning it's not theirs yet whilst they await council approval to redevelop the land ( this shouldn't be an issue though in this area, depending on exactly what the developer plans for the site), so the timeframe they have provided sounds about right.... I would actually anticipate longer, ie 18-22 months as registration is taking awhile there.

All the best with ur purchase!!! Just a word of advice, if u are wanting to have a home sooner rather than later look at land that is registered or close to being registered, but if timing isn't an issue then go for it

soberhenry · Nov 17, 2016 8:34 am

Thank you very much Bruce!!!

wongbruce

soberhenry

Hey guys,

Just wondering if anyone is trying to buy a lot of "Tallawong Heights" in rouse hill/east riverstone:http://www.hillsdirect.com.au/buy-residential-real-estate/vacant-land-lot-1-40-115-tallawong-road-rouse-hill-nsw-11847140241

I am going to put deposit and sign the contract but just worried about the long registration: Agent said 14 to 18 months, but sunset day on the contract says 48 months.Plus the land is still titled with owners name not with the developer.

Does anyone have experience of buying land in schofields\rouse hill\riverstone area?

What is your opinion? Thanks for your help in advance.

Regards
Henry

Henry just remember that stamp duty is due within three months of exchange regardless so be prepared to meet the cost of that.

Good luck in the meanwhile

Kind Regards,

Bruce
"Building an Eden Brae Wardolf 50 in North Kellyville"
Blog: http://waldorf50.blogspot.com.au

emeraldcity · Nov 18, 2016 7:11 am

Hi Henry and Bruce
Is it true that developers wait until all the land lots are sold before they apply for registration?

Thanks for the info.
Cheers
Mark

wongbruce · Nov 18, 2016 7:45 am

emeraldcity

Hi Henry and Bruce
Is it true that developers wait until all the land lots are sold before they apply for registration?

Thanks for the info.
Cheers
Mark

Hi Mark,

Not always. It depends on when you jump into the buying stage. If you go to Homeworld in Kellyville, there are some builders that have land registered already and are building and others are off the plan.

If the developer doesn't market their product or land, then they obviously won't know how much demand there is.

Most developers will proceed to registration regardless it's just about timing and when they can get approval from council to subdivide.

Kind Regards,

Bruce
"Building an Eden Brae Wardolf 50 in North Kellyville"
Blog: http://waldorf50.blogspot.com.au

emeraldcity · Nov 18, 2016 10:57 am

Thanks for the info Bruce.

soberhenry · Dec 01, 2016 4:25 pm

Quick update for anyone if interested:

Got DA info from Blacktown council:

Application: DA-16-05153, [-]
115 Tallawong Road ROUSE HILL NSW 2155
Activity:
Subdivision - Torrens Title/Residential
Notification Period End:
Thursday, December 15, 2016
Applicant Name:
OMKAR DEVELOPERS PTY LTD ATF OMKAR DEVELOPERS FIXED UNIT TRUST
Estimated Cost: $2,689,561.82
Lodgement Date:
Tuesday, November 15, 2016
Lot & DP: Lot 37 DP 30186
Notes:
Integrated Development under Section 91A (Rural Fires Act) of the EP&A Act for demolition of existing structures, de-watering of dam, removal of septic tank and Torrens subdivision into 41 residential lots, construction of temporary OSD basin, roads, civil works, retaining walls and installation of utility services.
Disclosure Statement submitted:

rassel444 · Jan 24, 2017 9:55 pm

Hi Henry
Did u end up buying the land at Tallawong road? If yes, would u like to sell it? Happy to pay above ur purchase price. Please email me at rassel444@yahoo.com

soberhenry · Jan 24, 2017 10:03 pm

rassel444

Hi Henry
Did u end up buying the land at Tallawong road? If yes, would u like to sell it? Happy to pay above ur purchase price. Please email me at rassel444@yahoo.com

Hi Rassel, yes Contract is exchanged, look there is another project happening at 132 tallawong road, I can help you to build contact with the agent if you are interested.

Regarding to the price for the block I purchased, market price is already about 80k more than what I paid for so I don't think it is a good deal for you, but thanks for asking anyway.

rassel444 · Jan 24, 2017 10:09 pm

Hi Henry
Thanks for the reply, the lot 132 has 9.5m frontage which is not suitable for my needs. I believe 115 had 12.5 frontage. Would you mind taking a call from me tomorrow? Did u buy home and land package or just land ?

soberhenry · Jan 25, 2017 7:30 am

rassel444

Hi Henry
Thanks for the reply, the lot 132 has 9.5m frontage which is not suitable for my needs. I believe 115 had 12.5 frontage. Would you mind taking a call from me tomorrow? Did u buy home and land package or just land ?

Hi Rassel, ok I see what you meant now. Look I am not willing to sell the block at any price so sorry to let you down my friend. I believe there is a last block remaining at 115, did you contact the agent? Also maybe other buyers are willing to do double transfer for the land, do you need a contact number? Yes many blocks are 12.5m frontage.

Regards
Henry

rassel444 · Jan 25, 2017 8:04 am

Yes I have been in contact with agent. None available for 115. Thanks for ur reply. All the best.

soberhenry · Jan 25, 2017 8:07 am

rassel444

Yes I have been in contact with agent. None available for 115. Thanks for ur reply. All the best.

And best wishes for your land hunting bro, all the best to you.

growgrow · Jan 25, 2017 9:42 am

don't know how big is the land the O.P bought, but the location is good, close to future sydney Metro, plus 12.5m frontage, it can't be cheap i think.

soberhenry · Jun 30, 2017 10:49 am

Just in case anyone is interested, DA has been approved on 16th of Jun 2017.

Will keep you updated.

SearchingTim · Jul 25, 2017 5:19 pm

Hi Henry,
thanks for your update for the DA approved information.
I bought one of the lots too and we are searching the builder at this moment.
do you know where we can get final contour plan as I was unable to get from the agency.
I think the earthwork will be started soon and land will be settled next Feb like they said.
are you going to the meeting next month?
thanks

soberhenry · Jul 26, 2017 11:36 am

Hey Tim,

Thanks for joining the topic.

Sorry I don't have the final contour plan too, but I want to share some good news with you:

Both 111 Tallawong road and 125 Tallawong road are being subdividing for new houses and DAs have been submitted, which means we are going to be surrounded by something and our new houses won't stand in the middle of nowhere.

In terms of builder, I am interested in Eden Brae, as they build fast and quality\price are not too bad from what i have been told.

Also I will be happy if the land can be settled in Feb....but according to our friends in this forum, 2-3 months delay is normal but of course we don't want that happen to us.

I will try my best attend the information meeting in August, Otherwise will ask info from you or the agent.

My purpose now is to build for investment, but might move in after the new railway station has been built.

What about you?

Regards
Henry