libbye

retirees from france moving to tassie

30 posts in this topic

19 minutes ago, Skani said:

I personally prefer the southern suburbs on the western shore (closest to the mountain).  Their suitability will vary depending on your budget and how close you want to be to the CBD.   But, starting closest and working out, these are Battery Point, South Hobart, Dynnyrne (pronounced DeNURN ;-)),  Sandy Bay,   Mount Nelson, Taroona, Kingston, Blackmans Bay.   Some people prefer the eastern shore  - and there are some nice areas in suburbs such as   Lindisfarne. Howrah and Tranmere.

Our budget could be zero and it may mean we have to rent but we'll face that when and if it happens. Thank you for the suggestions.  Most helpful.

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On 4/26/2017 at 9:33 AM, Skani said:

I personally prefer the southern suburbs on the western shore (closest to the mountain).  Their suitability will vary depending on your budget and how close you want to be to the CBD.   But, starting closest and working out, these are Battery Point, South Hobart, Dynnyrne (pronounced DeNURN ;-)),  Sandy Bay,   Mount Nelson, Taroona, Kingston, Blackmans Bay.   Some people prefer the eastern shore  - and there are some nice areas in suburbs such as   Lindisfarne. Howrah and Tranmere.

Skani - have had a quick whizz around the suburbs you mention and think far too expensive for our limited budget whatever that ends up as being.  An interesting exercise but at least it gives us an idea of what's available.  Daresay it will have changed slightly by the time we have decided.  Do people make offers below the asking price and if so what sort of percentage would you estimate?   Rental may well have to be the way we go especially considering our age but we've never had to do that and are a bit wary of being asked to move on at some stage further down the line. Does a tenant have any protection. Still that's not now and I find it very interesting to look and learn about the different areas.  Such beautiful countryside.

You may be interested in the law here re rentals.  If you'are over 70 you can never be asked to leave.  They have to wait for you to die, live with relatives or god forbid be put in a home!  No-one's rental is terminated during the winter months.  The law is certainly not on the side of the landlord and I've heard dreadful stories when tenants don't pay their rent.  Of course these are few and far between but it does happen.  France is very keen for young people to build and buy new houses and offer some very interesting packages.  At the moment they can purchase with less than 10% deposit and mortgage rates are as low as 1.03% for 25 years.  However, banks are cautious and do not lend willy nilly like the uk.  Your earning capacity is taken very seriously and they make sure you're capable of repaying the loan.  The inheritance law is a curly one and very complicated for us foreigners.  A gentleman older than us by 3 years has just purchased a block of land for 18,000e ($25,000) and intends to build a small house including land for around 100,000 e.  He has a house to sell and the local commune has agreed to hold the land for a year to give him time to sell!

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On 4/27/2017 at 6:09 PM, libbye said:

Skani - have had a quick whizz around the suburbs you mention and think far too expensive for our limited budget whatever that ends up as being. ...........Do people make offers below the asking price and if so what sort of percentage would you estimate?   Rental may well have to be the way we go especially considering our age but we've never had to do that and are a bit wary of being asked to move on at some stage further down the line. Does a tenant have any protection. Still that's not now and I find it very interesting to look and learn about the different areas.  Such beautiful countryside.

 

I'm sorry for the delay in response:  the gremlins have been attempting to sabotage my best intentions over the past few days!

There are a few small places on the open market within that budget range you mentioned earlier - eg the   Blackmans Bay and Lindisfarne properties in my earlier post - but the average size house would exceed that budget.  However, the retirement villages/communities commonly have independent houses/units within that price range and a number of them are in the suburbs I mentioned.

Traditionally it was normal to make an offer below the asking price - maybe 10% then negotiate up from there.  But the local market is going a bit crazy at the moment.  This appears to be the confluence of two factors: (1)   mainland investors have "discovered"  the local market  and have decided the price/rental ratio in local housing is too good to ignore and (2) the Airbnb phenomenon has just hit Hobart in a big way and houses are being bought exclusively to let out for short term accommodation, hence putting extra pressure on the market.  There have been reports of investors from elsewhere buying multiple properties unseen and some properties have recently been sold for more than their advertised price.  I don't know how long this madness will last.

Unfortunately tenants in the open market have few protections compared to many European countries.  6 weeks is the normal notice to vacate.  However, many of the retirement villages have properties to rent and a tenant would be expected to stay in those until end of life or until they chose to leave.

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Seems to be the story of our life!  We once sold a house in Melbourne for $90000 only to find 6 weeks later the market went mad and it was sold again 1 year later for $500000.  C'est la vie.  

I take your point with regard to the retirement villages and they may well remain stable but quite honestly we're beginning to feel too damned old and running out of energy to make such a move but if the decision on brexit goes against us then we'll have no choice.  Not a happy situation and there are thousands of us living abroad who are experiencing roller coaster emotions.  The expense of the move too is a concern as Aus is not just over the water!  

Anyway must look on the bright side all will be sorted and enjoy what we have here and now.  It is nice though to be able to converse in our own language and learn more about a place we've never been to.  Yours and others comments have been invaluable and am grateful.

Have a good day and keep smiling.

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P.S.   just had a quick look at all the links you sent for retirement.  only one gave a definite price and none indicate what the fees would be. 

All the best units are shown, naturally, so very hard to gauge.  Never mind it's something else to consider.  If and when the time comes I'd even be prepared to phone and ask relevant questions.  Makes for interesting reading especially if you've got a few bob to spare.  Shouldn't think this type of accommodation would be affected by the upsurge in prices either although you never know.  Greed knows no bounds.

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