51-55, F
Zonuss · 46-50, M
Id keep it.
Iwillwait · M
Consult an Agent, get a survey done and check with your local county how many lots you can make with the land you have.
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
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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.
ShenaniganFoodie · 41-45, M
https://www.realestate.com.au/property-residential+land-nsw-diamond+beach-204433248