valuation of land in wollert

dividebyzer0 · Oct 02, 2019 3:34 pm

hi all, long time lurker of the forums, signed up so i can be actively involved since we are considering building our first home. We are looking at titled land in wollert and wondering if anyone on the forum have brought land in wollert and what was the valuation when applying for loan - was it same / less/ more than the purchase price.

thanks

bhupi · Oct 05, 2019 4:29 am

Hi,

We are in the process of buying titled land and building our first home in Lyndarum North in Wollert. So, should have this information within few weeks.

Cheers!

dividebyzer0 · Oct 09, 2019 9:18 am

thanks, have you sort out a builder?

bhupi · Oct 10, 2019 2:31 am

yes, we are going with a custom builder known to us. PM me if you need more info.

skywhi · Jun 30, 2020 11:16 am

bhupi

Hi,

We are in the process of buying titled land and building our first home in Lyndarum North in Wollert. So, should have this information within few weeks.

Cheers!

Hi,

Did you face any evaluation issues in Lyndarum North ??

harry_133 · Jul 11, 2020 12:57 pm

Hi there , I am having my land undervalued by 25 K in lyndarum North..

bhupi · Jul 13, 2020 2:27 pm

Yes, our land was undervalued by 30k CBA but NAB didn't undervalue. Make sure you check with different lenders/banks.

dividebyzer0 · Jul 14, 2020 4:36 pm

The land in Wollert is overpriced and valuation came much lower and including the building cost, it pushed the price high. That is the reason we decided not to pursue buying land and building. We were fortunate to get a house with layout and fittings we like at a better price.

All the best