Browse Forums Building A New House Re: Brand new home or old one 3Nov 21, 2018 7:19 am As a general rule-of-thumb, property appreciates & buildings depreciate … the greater the cost of the building is compared to the cost of the overall purchase, the less it'll go up in future. Obviously it's your money & your choice, and I sound like Grandad tut-tutting here - but don't forget that the first home doesn't have to be absolutely the best house you'll ever have, it's often very much a compromise and a stepping-stone. Re: Brand new home or old one 4Nov 21, 2018 4:26 pm Forg As a general rule-of-thumb, property appreciates & buildings depreciate … the greater the cost of the building is compared to the cost of the overall purchase, the less it'll go up in future. Obviously it's your money & your choice, and I sound like Grandad tut-tutting here - but don't forget that the first home doesn't have to be absolutely the best house you'll ever have, it's often very much a compromise and a stepping-stone. Thanks so much for your advice Forg, it's really helpful. Re: Brand new home or old one 5Nov 21, 2018 4:40 pm Also you might don't mind travelling now, but your body will hate the commute. Also if your young in your careers, your career can change drastically, so buying a permanent home when you are young isn't a good idea (unless it has potential to be turned into an IP) Re: Brand new home or old one 6Nov 21, 2018 4:46 pm As someone who lives in this area, my only word of warning would be Clyde Road and trying to get to Berwick or Beaconsfield Station in the mornings to get to the city on time. (I travelled from Beaconsfield/Berwick to the city for 10+ years, husband still does). Clyde Road is a s**tshow at the best of times. Peak times is ridiculous. Expect to be standing pretty much all the way in and out on the train (1hr 10min on a good day - if someone hasn't stolen the copper overnight, or it's not above 35, or there hasn't been a storm etc etc). The Pakenham line is super unreliable. Have lived this hell since 2002. As an example there were issues on the Pakenham line last week. Husband caught a 5.39pm from Flinders Street - he got to Officer at 8.35pm. Three hour trip home. Buses replacing trains are a common event. We're currently renting in Officer while we build in Drouin (v-line trains add about 40 minutes to the journey each way, but you're in coach seats the entire way with working air-con). Husband gets on at Officer at the moment and can get a seat in the morning, by Beaconsfield/Berwick you'll be lucky to get a seat. And it gets worse from there. Sorry to be a Debbie Downer, but if you have to commute into the city every day for work, the trip has the potential to be long, problematic and incredibly frustrating. Just something to be aware of! Build insta: https://www.instagram.com/ourtreechangebuild/ Re: Brand new home or old one 7Nov 21, 2018 5:31 pm Seriously, buy the worst house in the best suburb you can afford. New carpet, curtains and a coat of paint can do amazing things to old homes ...and they have better bones than the homes that are built these days! I did the exact opposite and regretted it. Now I'm building in an area that isn't our dream spot because of it. Building a Madison 45 with Porter Davis Madison 45 Blog (Send me a PM with your email address to be added) Re: Brand new home or old one 8Nov 21, 2018 5:54 pm Mamz As someone who lives in this area, my only word of warning would be Clyde Road and trying to get to Berwick or Beaconsfield Station in the mornings to get to the city on time. (I travelled from Beaconsfield/Berwick to the city for 10+ years, husband still does). Clyde Road is a s**tshow at the best of times. Peak times is ridiculous. Expect to be standing pretty much all the way in and out on the train (1hr 10min on a good day - if someone hasn't stolen the copper overnight, or it's not above 35, or there hasn't been a storm etc etc). The Pakenham line is super unreliable. Have lived this hell since 2002. As an example there were issues on the Pakenham line last week. Husband caught a 5.39pm from Flinders Street - he got to Officer at 8.35pm. Three hour trip home. Buses replacing trains are a common event. We're currently renting in Officer while we build in Drouin (v-line trains add about 40 minutes to the journey each way, but you're in coach seats the entire way with working air-con). Husband gets on at Officer at the moment and can get a seat in the morning, by Beaconsfield/Berwick you'll be lucky to get a seat. And it gets worse from there. Sorry to be a Debbie Downer, but if you have to commute into the city every day for work, the trip has the potential to be long, problematic and incredibly frustrating. Just something to be aware of! Re: Brand new home or old one 10Nov 22, 2018 2:58 pm Mamz As someone who lives in this area, my only word of warning would be Clyde Road and trying to get to Berwick or Beaconsfield Station in the mornings to get to the city on time. (I travelled from Beaconsfield/Berwick to the city for 10+ years, husband still does). Clyde Road is a s**tshow at the best of times. Peak times is ridiculous. Expect to be standing pretty much all the way in and out on the train (1hr 10min on a good day - if someone hasn't stolen the copper overnight, or it's not above 35, or there hasn't been a storm etc etc). The Pakenham line is super unreliable. Have lived this hell since 2002. As an example there were issues on the Pakenham line last week. Husband caught a 5.39pm from Flinders Street - he got to Officer at 8.35pm. Three hour trip home. Buses replacing trains are a common event. We're currently renting in Officer while we build in Drouin (v-line trains add about 40 minutes to the journey each way, but you're in coach seats the entire way with working air-con). Husband gets on at Officer at the moment and can get a seat in the morning, by Beaconsfield/Berwick you'll be lucky to get a seat. And it gets worse from there. Sorry to be a Debbie Downer, but if you have to commute into the city every day for work, the trip has the potential to be long, problematic and incredibly frustrating. Just something to be aware of! Thanks so much for sharing your experience. It's helping a lot in our decision making. Really appreciate it. Re: Brand new home or old one 11Nov 22, 2018 3:01 pm Mamz As someone who lives in this area, my only word of warning would be Clyde Road and trying to get to Berwick or Beaconsfield Station in the mornings to get to the city on time. (I travelled from Beaconsfield/Berwick to the city for 10+ years, husband still does). Clyde Road is a s**tshow at the best of times. Peak times is ridiculous. Expect to be standing pretty much all the way in and out on the train (1hr 10min on a good day - if someone hasn't stolen the copper overnight, or it's not above 35, or there hasn't been a storm etc etc). The Pakenham line is super unreliable. Have lived this hell since 2002. As an example there were issues on the Pakenham line last week. Husband caught a 5.39pm from Flinders Street - he got to Officer at 8.35pm. Three hour trip home. Buses replacing trains are a common event. We're currently renting in Officer while we build in Drouin (v-line trains add about 40 minutes to the journey each way, but you're in coach seats the entire way with working air-con). Husband gets on at Officer at the moment and can get a seat in the morning, by Beaconsfield/Berwick you'll be lucky to get a seat. And it gets worse from there. Sorry to be a Debbie Downer, but if you have to commute into the city every day for work, the trip has the potential to be long, problematic and incredibly frustrating. Just something to be aware of! Thanks so much for sharing your experience. It's helping a lot in our decision making. Really appreciate it. Sorry, I have been trying to get to your post... I'll get back tomorrow or Saturday. Ed 1 1329 Thank you. That is really helpful. Once we get the place done and passed for OC we can upgrade in the future once we get back on our feet and not paying mortgage and rent. 4 5986 Hi, we live in an area where the black soil is prone to a lot of movement. We have an old 50's house with masonite everywhere and nails popping out, warping, rusted etc.… 0 4601 |