Browse Forums Building A New House Re: The Gables in Box Hill 181Aug 28, 2015 9:02 am mausam80 - But you have to prepared now rather then later. you pay 10% deposit then end of the day you don't get loan approve then you are broke mate. so I guess its personal opinion. if you think you got money to pay the full amount then go for it. but my family friends cant do it. Re: The Gables in Box Hill 183Aug 28, 2015 9:08 am Rumun, the first post you sent a few weeks ago says the bank gave you a valuation of $400k and yesterday the bank gave your relative a valuation of $450k...and you have a problem with land settlement in 18 months?? Re: The Gables in Box Hill 184Aug 28, 2015 9:10 am Rumun mausam80 - But you have to prepared now rather then later. you pay 10% deposit then end of the day you don't get loan approve then you are broke mate. so I guess its personal opinion. if you think you got money to pay the full amount then go for it. but my family friends cant do it. @Rumun - it is not about who has how much money. I agree to being prepared if the market goes down however the reasons and facts that you are stating are wrong. If they are not prepared to take a hit walk away now, but don't make illogical excuses that the bank is not valuing the land for the asking price - right now there is no land to value. You do realise that and trying to influence other peoples thinking by making incorrect statements is a very wrong thing to do. Re: The Gables in Box Hill 185Aug 28, 2015 9:19 am mausam80 Thanks for your advice. If you think I am being so negative why are so positive about it mate. I hope you not working for Gables. Anyway I've no intention to being negative here its individual choice. But you know that I am telling the truth. Re: The Gables in Box Hill 187Aug 28, 2015 9:21 am Rumun, I really don't think mausam80 is being positive... I think he has done his research. The problem here might be that the land is not the price you wanted it to be hence you might be having a hissy fit.... I really hope... No I know you don't work for the financial sector... If you did the stock market would have crashed... There would be a GFC today and we would be Greece! Re: The Gables in Box Hill 188Aug 28, 2015 9:56 am Rumun mausam80 Thanks for your advice. If you think I am being so negative why are so positive about it mate. I hope you not working for Gables. Anyway I've no intention to being negative here its individual choice. But you know that I am telling the truth. Rumun - just for clarification. No I don't work for Gables - I just can't stand ignorance. Good luck to you in wherever you decide to buy. No one knows where the market is going so hopefully most of us have made a sound decision on purchasing at Gables Re: The Gables in Box Hill 189Aug 28, 2015 10:29 am Lets be practical the Land was overvalued @ auctions for sure...only investors were buying the land... so i am not surprised it sold above the reserve.. they need to jack up only one and make money on rest... that's common sense... A lot us might including myself might end up buying there for different reasons (budget or availability or money at this point of time as gable needs to be settled after 2 years) If someone can take a mortgage of 1 million at this point of time (which i cant) is better of looking at Baulkam hills or Ponds...which are far nearer to transport and school (Please note as per the latest Domain data the auction clearance rate in northwest last week is just 64% and to expect prices to go up by 20 - 30 % when we don't expect a huge interest rate cut is being overly positive to say the least... Please note RBA governor the most researched of all of us has said the prices are crazy... so at least we need to cautious about price appreciation (which i am) for making financing decision Investor are giving a hard time to first home buyers like me and i am really hoping the APRA/RBA actions would help us... Re: The Gables in Box Hill 190Aug 28, 2015 12:00 pm Ofcourse Lets be practical the Land was overvalued @ auctions for sure...only investors were buying the land... so i am not surprised it sold above the reserve.. they need to jack up only one and make money on rest... that's common sense... A lot us might including myself might end up buying there for different reasons (budget or availability or money at this point of time as gable needs to be settled after 2 years) If someone can take a mortgage of 1 million at this point of time (which i cant) is better of looking at Baulkam hills or Ponds...which are far nearer to transport and school (Please note as per the latest Domain data the auction clearance rate in northwest last week is just 64% and to expect prices to go up by 20 - 30 % when we don't expect a huge interest rate cut is being overly positive to say the least... Please note RBA governor the most researched of all of us has said the prices are crazy... so at least we need to cautious about price appreciation (which i am) for making financing decision Investor are giving a hard time to first home buyers like me and i am really hoping the APRA/RBA actions would help us... I am hoping that the prices don't increase or drop by more than 10%. This way at least it gives a fair chance to first home owners to get into the market. The last thing we want is rich investors taking up most of the land and then renting it out. The whole point of living in a place like Gables is to have a family oriented lifestyle with safe and friendly neighbourhoods and not a place where you don't know who lives next to you. Re: The Gables in Box Hill 191Aug 28, 2015 1:17 pm Mausam you are right, I am hoping that genuine owner occupiers will have a fair chance off living in family oriented neighbourhood and have a roof over our heads. Btw I think the price for the land iis overpriced considering land is 2 years away from settlement and 12 years away from developing. Rouse hill,schofields and kellyville have upcoming infrastructure and established. 540K for land and 300 for house that's almost 800-900K, might as well purchase house in ponds now. We really want to keep our mortgage at 1/3 of our salary. The prices are ridiculous right now. How many can afford to pay 1mil mortgage??the risk is high even if you can afford it. Btw the design guidelines for gables house suggest that the house alone will cost almost 500K. The Gables in Box Hill 192Aug 28, 2015 4:49 pm Southwest, a viable alternative: Like ⋅ Add a comment ⋅ Pin to Ideaboard ⋅ In the Northwest there are still 4 terrace homes available for sale at The Grange. Hope this info helps our mates. Re: The Gables in Box Hill 193Aug 28, 2015 5:47 pm amaris17 Mausam you are right, I am hoping that genuine owner occupiers will have a fair chance off living in family oriented neighbourhood and have a roof over our heads. Btw I think the price for the land iis overpriced considering land is 2 years away from settlement and 12 years away from developing. Rouse hill,schofields and kellyville have upcoming infrastructure and established. 540K for land and 300 for house that's almost 800-900K, might as well purchase house in ponds now. We really want to keep our mortgage at 1/3 of our salary. The prices are ridiculous right now. How many can afford to pay 1mil mortgage??the risk is high even if you can afford it. Btw the design guidelines for gables house suggest that the house alone will cost almost 500K. You can choose your own builder and build whatever suits your budget. Not sure what indicates in the guidelines to make you think it will cost $500k? Re: The Gables in Box Hill 195Aug 28, 2015 9:26 pm I don't know about everyone else but I'm sick and tired of Rumun and his constant bickering. Just because it doesnt suit HIM, he thinks The Gables isn't good for everyone else.
The Gables is perfect for those who need the 2 years to save up for the deposit while securing land and locking in a price. If the wait and lack of development does not suit you then there are plenty of areas you can buy in the norwest area and move in instantly. Not need to waste your time in this forum trying to change the mind of others. I appreciate positive and negative input here from others as it is at least appropriate and informative to help others make their own decision instead of telling them what they should do. Re: The Gables in Box Hill 196Aug 28, 2015 9:36 pm Ofcourse Lets be practical the Land was overvalued @ auctions for sure...only investors were buying the land... so i am not surprised it sold above the reserve.. they need to jack up only one and make money on rest... that's common sense... A lot us might including myself might end up buying there for different reasons (budget or availability or money at this point of time as gable needs to be settled after 2 years) If someone can take a mortgage of 1 million at this point of time (which i cant) is better of looking at Baulkam hills or Ponds...which are far nearer to transport and school (Please note as per the latest Domain data the auction clearance rate in northwest last week is just 64% and to expect prices to go up by 20 - 30 % when we don't expect a huge interest rate cut is being overly positive to say the least... Please note RBA governor the most researched of all of us has said the prices are crazy... so at least we need to cautious about price appreciation (which i am) for making financing decision Investor are giving a hard time to first home buyers like me and i am really hoping the APRA/RBA actions would help us... I agree with you. In this forum some people thinks the price is cheap compare to other Hill Shire property. I'm not sure why they compare price with other estate. They probably investors who want to push the price high (in auction most of the buyers were investors) or work for Gables. I bet that the property price will go down once the RBA increase interest rate. Some people think that property price will always go up, they are so dump! These dump people pushing the price high. I'm just waiting for market crash. Re: The Gables in Box Hill 197Aug 28, 2015 9:54 pm Joy1 Ofcourse Lets be practical the Land was overvalued @ auctions for sure...only investors were buying the land... so i am not surprised it sold above the reserve.. they need to jack up only one and make money on rest... that's common sense... A lot us might including myself might end up buying there for different reasons (budget or availability or money at this point of time as gable needs to be settled after 2 years) If someone can take a mortgage of 1 million at this point of time (which i cant) is better of looking at Baulkam hills or Ponds...which are far nearer to transport and school (Please note as per the latest Domain data the auction clearance rate in northwest last week is just 64% and to expect prices to go up by 20 - 30 % when we don't expect a huge interest rate cut is being overly positive to say the least... Please note RBA governor the most researched of all of us has said the prices are crazy... so at least we need to cautious about price appreciation (which i am) for making financing decision Investor are giving a hard time to first home buyers like me and i am really hoping the APRA/RBA actions would help us... I agree with you. In this forum some people thinks the price is cheap compare to other Hill Shire property. I'm not sure why they compare price with other estate. They probably investors who want to push the price high (in auction most of the buyers were investors) or work for Gables. I bet that the property price will go down once the RBA increase interest rate. Some people think that property price will always go up, they are so dump! These dump people pushing the price high. I'm just waiting for market crash. @Joy1 don't hope for market crash as that inadvertently leads to job losses for a number of people - imagine buying a cheapish property thanks to a crash, just to find out in a few months you can't pay for it ( fingers crossed that it doesn't happen) As far as Sydney property prices go - see the two charts below both from trusted sources the first one being RBA. There are ups and downs - this land is for long run and that's when you will see the results Like ⋅ Add a comment ⋅ Pin to Ideaboard ⋅ Like ⋅ Add a comment ⋅ Pin to Ideaboard ⋅ Re: The Gables in Box Hill 198Aug 28, 2015 9:55 pm Rumun Anyway good luck to all of you Rumun mate, you are very much entitled to your opinion in this forum. But I hope you realise that negative comments without facts and this scare campaign could lead to a defamation case against you by the Gables. Re: The Gables in Box Hill 199Aug 28, 2015 10:09 pm @ciscosky and 1stgranthamhomes....thank u. I don't think I have ever been so frustrated than today with all the nonsense I have heard with no thought in relation to what has been said. Rumun has been creating a scare campaign either to deter people from buying or wanting to get something cheaper. Every one is entitled to their opinion however based on facts. Re: The Gables in Box Hill 200Aug 28, 2015 10:24 pm CiscoSky Rumun Anyway good luck to all of you Rumun mate, you are very much entitled to your opinion in this forum. But I hope you realise that negative comments without facts and this scare campaign could lead to a defamation case against you by the Gables. And then this will be a $4bn and some pocket change project I brought terry road box hill in June 2022 House was meant to be completed Nov 2023 That did not happen I had to chase them so much to the land Registration and… 0 2986 Hi all, We are considering Enigma 46 from Mojo Homes in Gables, NSW. Has anyone built with Mojo and any pointers and feedback. Also, if anyone has built similar design… 0 13561 Howdy all. I am looking for feedback on what people would do to maximise and make an area as flat as possible. First, out the front of the house is a sloping hill, pretty… 0 20896 |