Browse Forums Building A New House Re: Anyone building at George's Fair, Moorebank? 15Dec 06, 2009 10:17 pm Hi there, We have had our land valuation and luckilly ours passed easily, so yours should too, especially as you are building in the new section where the prices seem to be lower. Re: Anyone building at George's Fair, Moorebank? 16Apr 07, 2010 12:32 pm Hi there. We are looking to build in Georges Fair as well. I have read so much and have learnt so much that I am having second thoughts, the hidden costs worry me as we would be on a tight budget. A few questions for those who built/building in this estate. 1. Is it better to secure the land and wait for it to settle and then arrange the building side of things we are thinking of going with Eden Brae - Saville design. 2. what capital growth did you make on the land from purchase to settlement? 3. what do you like/dislike about living in Georges Fair? I look forward to all you replies. Newstart4us Re: Anyone building at George's Fair, Moorebank? 17Apr 07, 2010 5:12 pm I knew it wouldn't be smooth sailing when we bought at GF - but to me, the end result would be worth it. When I drive down there and see the quality homes, the lovely surroundings, the nice young families that live there, the beautiful parks and backdrop of golf course and national park I just see the potential and what a great place to live it will be when it's all finished. Granted, it will take a few years - but the end result (that's what I focus on). We were told our land would be registered by April 30 and that's only a few weeks away and it seems to be right on track (perhaps a slight delay). The roads are pretty much finished now... so even though in the past most people waited FAR longer, I think their estimates are becoming a little more realistic these days (although I won't hold my breath until I get a site start!!!). If I had my time again I probably would've secured the land before we put a deposit down with a builder, only because now we are feeling stressed because we have a deadline - otherwise we have to pay the builders fees for the delay... although, the bank wanted to see the full contract price before we got the loan so we pretty much had no choice. It's totally up to you. If you do sign with a builder, allow a month or two past their 'estimated registration date' just to ease the stress. So if they say June, aim for August.... Not sure on what the capital growth has been from purchase to settlement - but I do know the same size block in the NEW release are selling for significantly more $$ (i.e. about $30k more) than what we paid. So that's a good sign. Demand down there is out of control - it's a highly sought after area, so IMO even if there are a few headaches, in the end it is worth it as we'll be living in a pretty prestigious estate. Think about it... what other "new estates" are there in the area? not many... unless you want to go further out west to West Hoxton or Camden or places further away. To me, GF is so central... one of the main things I love about it. Good luck with your decision. Re: Anyone building at George's Fair, Moorebank? 18Apr 07, 2010 8:41 pm Thanks for you reply Bec. You are right I need to focus on the outcome. It is such a central location and that is the appeal. Although I am a Shire girl but unfortunatly can't afford to build/buy in the area. The land will not be settled till Jan/Feb 2011 & have been told it could be 12 to 18mths before the house is completed. After reading so many post I am so concerned about extra cost incurred the longer the delays occur. What stage are you up to? Newstart4us Re: Anyone building at George's Fair, Moorebank? 19Apr 07, 2010 11:25 pm I think there are a few Shire dwellers that have migrated across the borders to Moorebank... It's pretty close to Menai when you think about it, maybe 10 or 15 mins so you're not far. We haven't even started yet - I am getting frustrated (but as I said, trying to concentrate on the outcome). I am hoping to START next month, but who knows..... I would say if they're saying land will be settled Feb 2011, then you will probably be in your house by Christmas 2011.... Can you wait that long??? I am hoping to be in by this Christmas, but i'm doubting it now.. Re: Anyone building at George's Fair, Moorebank? 20Apr 08, 2010 8:17 pm Great to hear that thier will be shire dwellers in the estate, Shires loss I say lol! We will be going to the sales office on Sunday to see what land is left.. I think I have annoyed the Sales person too much so had better grab a block before they go up. We have waited 11 years to buy our first home so a few more yrs will be fine - can save some more for all the exculsions! Hope your building starts soon, you should start a blog it would be great follow your progress. I will post with the outcome of the land! Newstart4us 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 4514 Wish you all the best. Once you signed the contract, they will find millions excuses to charge you. And have seen their sites unfinished for a long time. 4 24834 As title suggests, looking at using the interlocking Pentablock stacked stone products to replace failing timber retaining… 0 17880 |