51-55, F
DunningKruger · 61-69, M
What are you doing with the land?
Bluebirdsonmyshoulder · 51-55, F
@DunningKruger nothing, that’s why I’m thinking about selling it but my family thinks I should keep it. I pay someone to maintain it. I have nothing going on, no gardening no farming nothing
Teslin · M
@Bluebirdsonmyshoulder If you don't mind me asking. You mentioned that you pay someone to maintain it? What needs maintenance?
GoFish ·
I’d keep it and build a house
DanielsASJ · 36-40, M
Horse stable
TexChik · F
Right now is not the best time . The new Fed chair will soon drop the interest rates and the war will be over soon... then the price will go up. Go to some of the planning and zoning meetings for your area and find out if there is any planned construction in that area.
Zonuss · 46-50, M
Id keep it.
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pdockal · 56-60, M
All depends of you need the money to move and live
If not it's probably best to keep it for the future
If not it's probably best to keep it for the future
zonavar68 · 56-60, M
It's highly dependent on many factors. My current property in a suburban region 30 km from Newcastle NSW is a modest 3 br ex-houso house on 652 m sq, so 0.0652 hectares or .161 acres. It cost me A$550k 2.5 years ago.
15 yrs ago I rented a house on a 110 acre or 44.515 hectare bush property about 100 km from Newcastle NSW with no cleared land except around the dwelling. That property sold in 2014 for A$375k (at the time I had no access to any finance).
In housing developments around here now it's common to have land parcels as small as 300 m sq (0.074 acres) for free-standing dwellings that sell (just for the land) in the $300k to $400k range
There is a big development with about 8 stages happening at the moment about 15 km away on former industrial land where blocks in the 450 m sq size range sell for around $550k (what I paid for my property which includes a 1950's/60's 3 br house) and then you still have to build a new house so there's another $500k.
Is your land in a very remote rural area, semi-rural area, or a city/town fringe, or something else?
Is it developed (ie. does it have a house, etc.) or just vacant land? What is the potential for it to be developed and/or integrated into adjoining lands for development?
Real estate is a highly subjective topic. What it's worth is whatever the 'market' will pay for it based on location, condition, type, developed or not, and heaps of other factors.
15 yrs ago I rented a house on a 110 acre or 44.515 hectare bush property about 100 km from Newcastle NSW with no cleared land except around the dwelling. That property sold in 2014 for A$375k (at the time I had no access to any finance).
In housing developments around here now it's common to have land parcels as small as 300 m sq (0.074 acres) for free-standing dwellings that sell (just for the land) in the $300k to $400k range
There is a big development with about 8 stages happening at the moment about 15 km away on former industrial land where blocks in the 450 m sq size range sell for around $550k (what I paid for my property which includes a 1950's/60's 3 br house) and then you still have to build a new house so there's another $500k.
Is your land in a very remote rural area, semi-rural area, or a city/town fringe, or something else?
Is it developed (ie. does it have a house, etc.) or just vacant land? What is the potential for it to be developed and/or integrated into adjoining lands for development?
Real estate is a highly subjective topic. What it's worth is whatever the 'market' will pay for it based on location, condition, type, developed or not, and heaps of other factors.
Musicman · 61-69, M
Wait for the real estate market to boom again and sell then unless you absolutely have to sell right now.
ShenaniganFoodie · 41-45, M
https://www.realestate.com.au/property-residential+land-nsw-diamond+beach-204433248