Browse Forums Building A New House Re: Clyde/Clyde North vs Officer 2Jan 03, 2017 7:57 am Building a Porter Davis Livingstone 23 in Mayfield, Cranbourne East | Our thread 18/05/15 - Contract Signed 24/12/15 - Land Settlement 30/1/16 - Slab poured 9/06/16 - Handover Re: Clyde/Clyde North vs Officer 17Jan 09, 2017 4:17 pm Thank you for sharing your opinions. It's been tough but we ended up getting a corner 600m2 block at The Rise - a new estate that is surrounded by Timbertop. Very happy about this find. We pretty much got big Timbertop located lot but not with the Timbertop price tag. Before making a decision we spoke with (or rather questioned:) many estate managers (and builders), compared prices vs lot size vs site and building costs (all of estates on the northern side of the Hwy are sloppy and a bit more expensive than across the road, the current release of Timbertop has only a few lots that are under 2 m incline) vs infrastructure and price of the land. I was very keen on Heathfield but their lot sizes are small (only a couple were 424-448m2) - still they are getting sold very quickly. Timbertop is great but the land is a bit too expensive and with added site costs it'll easily go over 450-480k for the identical lot. The Rise is located on a former flower farm land with some lots being on a the dam fill - which means extra costs in addition to the building cost related with the incline of the land. The estate is on the border of Beaconfield and Officer. Residents will be using Timbertop infrastructure. It looks like in a few years The Rise, Heritage Rise (another Timbertop neighbor), Timbertop, Heathfield and the estate below Heathfield (can't remember the name - the one that is just on Princes Hwy with small size lots) will blend into one big community. Planned roads and existing infrastructure already look very promising. Re: Clyde/Clyde North vs Officer 19Jan 09, 2017 7:17 pm 600m2 that's a very good size. Also a plus is a corner block In today's market that's considered a big block. Northside of the highway tick and you'll benefit from timbertop and beaconsfield prices as well. Good choice you're definitely on a winner longer term. Hopefully your site costs will be down as well. I think as a guide site costs are roughly 10k for every 1 metre of fall on the block. The good thing about Officer as a suburb now is for the potential investor and owner occupied is it's ranked no.2 and no.3 for best annual growth in Victoria in regards to 3 and 4 bedders according to realestate.com.au . If you go to realestate.com.au and click on invest then scroll down and click on Victoria you'll notice the top 10 rankings for the various suburbs there. I reckon as a minimum just to have the postcode is a plus. If the budget allows you then pick the best estate in Officer for price growth but either way anybody with the Officer postcode are winners. In my opinion for people who were on a tight budget and eventually picked Officer over the Pakenham postcode they will definitely see the gap widen as far as the median price goes for 3 and 4 bedders. For some the price might be irrelevant in the medium to long term but for most it's definitely something to get excited about if you bought in Officer. I know it's early stages and still a lot of land to be sold in many estates but for Officer give this suburb some time and you'll see prices go through the roof. At the end of the day you buy what you can afford so the examples below for land sizes might not mean anything to a lot of people on the forum but the reality is the size of land will ultimately determine the growth in value of your property but obviously there's a bit more to it then just that; example: location, fully landscaped front and back, the condition of the house inside based on upgrades and $$$ spent the size of the house etc etc etc and much more but keep in mind some suburbs I've seen in Melbourne are quite a distance from schools and shops yet people are willing to pay more based on the reputation so I guess there's heaps and heaps of factors that will determine price moving forward. Okay so here's the list below in my view for land owners who bought in the new estates in south east of Melbourne. Size will be different for inner suburbs as back in the day they were larger blocks released but below is a guide for land released in today's market. Size lots below = tiny, small, medium, big and huge based on today's New land releases in the South East of Melbourne. Again this is just a guide based on me speaking to a lot of people in the industry. So far the smallest block I've seen is 180m2 in Potters grove Northside. Maybe someone has seen smaller but once they start getting under 200m2 then this is just a rip off to a potential land buyer but no disrespect to the buyer, but the property development company should be blamed for being to greedy in my view. anything up to 200m2 = tiny 230m2 -320m2 = small 350m2 -480m2 = medium 510m2 - 700m2 = big 850m2+ = huge Re: Clyde/Clyde North vs Officer 20Jan 09, 2017 7:20 pm Congrats on deciding on your lot! Is your driveway going to be on the long side or the short side of the block? Build thread viewtopic.php?f=31&t=81011 Hi i am looking to buy an investment near by North Rothbury. How is this area? is there schools inside this estate? please advice good builders around that area to buy… 0 1755 The warning is on the sticker on the door too. Second the aluminium powdercoat 6 12605 Hi, can anyone recommend a custom home builder who can build in north east area? Looking to build a custom 4-br energy-efficient home with a max budget of 750k. If they… 0 15771 |