Thornlands House Land Package for a young couple seeking to take advantage of the Builder Boost Grant and secure a property as close to the suburb of Murrarie as possible.
A young couple was referred to me by a mortgage broker seeking to help his clients achieve their dreams. They needed to be close to where they work , which isa suburb called Murrarie on Brisbane Bay Side area and within a budget of $540,000. At the time there was a new development in Thornlands with a house and land package costing $534,000. The land was only 325m2 but there simply was no vacant land available anywhere near their desired location and house prices at this time were starting to rise.
This was over 16 months ago, it took us a year to get the land registered through council and 6 months to complete the build. These are the issues facing anyone who wants to build a new home these days. Cost blowouts and time delays.
In this case the young couple were aware how long it would take to complete and as the builders boost made up a big part of their decision making process they were happy to wait.
The biggest part of this property is how much it is worth today, the bank valued the property in March at $850,000.
