Phoenix16 Posted August 29, 2013 Share Posted August 29, 2013 I'm sooo fed up with prices in Perth, bought a gorgeous house in a not so popular area (hammy hill) it's 1 k to the beach, a 10 min walk, a 5 min bus ride but due to Perth snobbery it's a really bad area, NOT!! made the silly mistake of buying a block for $500k 2 mins down the road, had an epiphany and sold it, just had a quote for a basic Reno on our house, $400k, for gawds sake a joke!! All in all with landscaping and extras we will have shelled out (including original purchase) $1.2, that is hysterical and frightening, I could buy a house in Port Coogree or East Freo for that, what is happening here! How do people build? I do not want a Mc Mansion ever but I just find the prices are impossible....... Link to comment Share on other sites More sharing options...
Phoenix16 Posted August 29, 2013 Author Share Posted August 29, 2013 To clarify, bought 3 x 1 for $585, Reno $400 , landscaping etc $100k, scary......... Link to comment Share on other sites More sharing options...
northernbird Posted August 29, 2013 Share Posted August 29, 2013 $400k for a reno, what are you doing? I'd be moving if a 'basic reno' was costing that. Link to comment Share on other sites More sharing options...
Bobj Posted August 29, 2013 Share Posted August 29, 2013 [h=2]Why are houses so expensive in Perth?[/h] Very simple...People are willing to pay. Cheers, Bobj. Link to comment Share on other sites More sharing options...
ali Posted August 29, 2013 Share Posted August 29, 2013 If companies don't want the job they give you a silly quote - be had grossly exaggerated quotes for bricking up the toilet door and knocking through the bathroom wall (to include the toilet into the bathroom). One of the things we've stared doing is using when we can local tradies who advertise in the Aussie little directory or free newspaper - so far they've been reasonable and reliable. Link to comment Share on other sites More sharing options...
Skani Posted August 29, 2013 Share Posted August 29, 2013 Because the mining boom has attracted so many people to move there....high demand...shortage of property...people earning enough and willing to pay. And, as Ali said, they will give a ridiculous quote if they don't want the work. I'd go and get lots more quotes. And I can't imagine $100k for landscaping on a suburban sized block. Someone's having a lend, surely. :wacko: Link to comment Share on other sites More sharing options...
flag of convenience Posted August 30, 2013 Share Posted August 30, 2013 Just the nature of Perth in recent times. Value went out the window and many seem to give a wild figure out of thin air. Link to comment Share on other sites More sharing options...
Lambethlad Posted August 30, 2013 Share Posted August 30, 2013 It's caused by all those Poms arriving and supply not keeping up with demand. There are much more affordable places in Oz. Friends recently bought a near-new house at Pakenham in Melbourne for $270,000. Link to comment Share on other sites More sharing options...
jen85 Posted August 30, 2013 Share Posted August 30, 2013 You could build another house for that price, sounds abit out of wack! They probably don't want to do it or are trying it on with you. Get another opinion for sure. Link to comment Share on other sites More sharing options...
Que Sera Sera Posted August 30, 2013 Share Posted August 30, 2013 There are also much more affordable parts of Perth too! Link to comment Share on other sites More sharing options...
paul1977 Posted August 30, 2013 Share Posted August 30, 2013 Because the place is a rip off.... .!! Simple answer Link to comment Share on other sites More sharing options...
Guest Posted August 30, 2013 Share Posted August 30, 2013 Because the place is a rip off.... .!! Simple answer Why don't you go somewhere which isn't then? Simple answer Link to comment Share on other sites More sharing options...
WeegieDave Posted August 30, 2013 Share Posted August 30, 2013 $400 k for Reno??... You could build a new house for less!! Link to comment Share on other sites More sharing options...
Guest Guest66881 Posted August 30, 2013 Share Posted August 30, 2013 $400 k for Reno??... You could build a new house for less!! But that might be in an area you do not want to be, some really good deals on house and land packages out there, but you do have to be where the land is available most of the time. Most builders don't like the idea of using 'your' existing land to put a new house on they loose money, they want you on a plot they purchased. Link to comment Share on other sites More sharing options...
HappyHeart Posted August 30, 2013 Share Posted August 30, 2013 I have friends who renovated a house beautifully, I don't think they paid anywhere near $100k. They used different tradesmen for different jobs. Link to comment Share on other sites More sharing options...
WeegieDave Posted August 30, 2013 Share Posted August 30, 2013 But that might be in an area you do not want to be, some really good deals on house and land packages out there, but you do have to be where the land is available most of the time.Most builders don't like the idea of using 'your' existing land to put a new house on they loose money, they want you on a plot they purchased. Yeah I know what your saying but if you already own a plot I am sure you could find a builder to build you a pretty decent house for $400k Link to comment Share on other sites More sharing options...
Guest Guest66881 Posted August 30, 2013 Share Posted August 30, 2013 Yeah I know what your saying but if you already own a plot I am sure you could find a builder to build you a pretty decent house for $400k Most definately mate, there are a growing number of builders 'now' specialising in such things, even some of the big boys are doing it. But what did you pay for your old house in the first place, then put in costs of demolition and removal then the new build costs plus internal items, then you are up into the numbers of buying an already built five year old house say? Link to comment Share on other sites More sharing options...
WeegieDave Posted August 30, 2013 Share Posted August 30, 2013 Most definately mate, there are a growing number of builders 'now' specialising in such things, even some of the big boys are doing it.But what did you pay for your old house in the first place, then put in costs of demolition and removal then the new build costs plus internal items, then you are up into the numbers of buying an already built five year old house say? Yeah, I would hire myself a D6 dozer and wouldn't be long in demolishing it! But I was more so talking about the original point of the OP getting quoted $400k for reno being way OTT! Link to comment Share on other sites More sharing options...
Guest Guest66881 Posted August 30, 2013 Share Posted August 30, 2013 Yeah, I would hire myself a D6 dozer and wouldn't be long in demolishing it! But I was more so talking about the original point of the OP getting quoted $400k for reno being way OTT! Yeah i was scratching my head at the figures they said: Heres a good read on this very subject - The survey showed: - Most budgeted about $20,400, but the average actual cost of a project was about $26,500. - Plumbing was the most common area for a project to go over budget and over deadline (23 per cent). - Labour (20 per cent), fixtures and electricals (18 per cent), materials (15 per cent), and tools and equipment (10 per cent) were also areas in which people went over time and budget. - Fifty-six per cent said they had to compromise aspects of their design to stay within budget. - The most common compromises were a less grand design (20 per cent), using cheaper materials (14 per cent), postponing renovations (14 per cent), going without renovations to some areas (11 per cent), and using second-hand materials (10 per cent). http://www.perthnow.com.au/news/western-australia/real-estate-will-a-cost-effective-renovation-add-value-to-wa-homes/story-fnhocxo3-1226673834058 I wonder if the OP's 'reno' is a rebuild or is it the noem kitchen/bath/gardens reno? Link to comment Share on other sites More sharing options...
WeegieDave Posted August 30, 2013 Share Posted August 30, 2013 Yeah i was scratching my head at the figures they said:Heres a good read on this very subject - The survey showed: - Most budgeted about $20,400, but the average actual cost of a project was about $26,500. - Plumbing was the most common area for a project to go over budget and over deadline (23 per cent). - Labour (20 per cent), fixtures and electricals (18 per cent), materials (15 per cent), and tools and equipment (10 per cent) were also areas in which people went over time and budget. - Fifty-six per cent said they had to compromise aspects of their design to stay within budget. - The most common compromises were a less grand design (20 per cent), using cheaper materials (14 per cent), postponing renovations (14 per cent), going without renovations to some areas (11 per cent), and using second-hand materials (10 per cent). http://www.perthnow.com.au/news/western-australia/real-estate-will-a-cost-effective-renovation-add-value-to-wa-homes/story-fnhocxo3-1226673834058 I wonder if the OP's 'reno' is a rebuild or is it the noem kitchen/bath/gardens reno? I was wondering the samething myself...:confused: Link to comment Share on other sites More sharing options...
Guest Guest66881 Posted August 30, 2013 Share Posted August 30, 2013 [/color]I was wondering the samething myself...:confused: If it is the 'norm reno' thats one hell of a kitchen/bathroom and garden to behold:wink: Link to comment Share on other sites More sharing options...
Bibbs Posted August 30, 2013 Share Posted August 30, 2013 $400k renno. That would be awesome, I'd add a whole second floor to the house. That'd piss off the neighbors. I'll give you that workmen are expensive making even little jobs not really 'worth' it. Link to comment Share on other sites More sharing options...
WeegieDave Posted August 30, 2013 Share Posted August 30, 2013 If it is the 'norm reno' thats one hell of a kitchen/bathroom and garden to behold:wink: I'd be expecting a bronze statue of myself in the back garden also! Link to comment Share on other sites More sharing options...
newjez Posted August 30, 2013 Share Posted August 30, 2013 I don't understand the op's post - it just doesn't make sense. Could they clarify? Link to comment Share on other sites More sharing options...
paul1977 Posted August 30, 2013 Share Posted August 30, 2013 Why don't you go somewhere which isn't then? Simple answer I am ..!! Link to comment Share on other sites More sharing options...
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