Need Help Finding Land in Eastern Melb Area

Herbse on 17/01/2022 - 11:57

I'm in the process of looking for a piece of land to build on but struggling to find one that isn't a complete rip off.

I was looking into Clyde area but now the prices have gone through the roof, and developers are only releasing 10 plots at a time, then increasing the price of the next 10 by $10k.. so I'm looking to move further now. Officer or Pakenham.

I'm after 600 square metres above. And around the $400k mark.

It's becoming increasingly difficult to find anything above 450sqm now days and they are all now $500k and higher.

I've tried looking online with no luck as the site's don't get updated regularly, and it seems like the best place to find plots is at physical land sales offices, but I don't know where all of them are.
I'm hoping there are people on here who might be in the same situation and have some contacts or tips on where to look.

Any tips if you are currently building and know of land available in the eastern side of Melb would be great please.

Home & Garden

Comments

  • Duckie2hh on 17/01/2022 - 12:06

    Why do you need 600 square metres of land?

    • bloom on 17/01/2022 - 12:12
      +1

      Free range chicken

      • Herbse on 17/01/2022 - 12:17

        I'd love a couple of chickens for fresh eggs actually. That's on my list of things to have one day.

    • Herbse on 17/01/2022 - 12:17
      +1

      Kids are growing up and I'd like a bigger house and a bigger backyard and space beteythe neighbours. It's becoming difficult for people to live without feeling like you're in a tuna can

    • serpserpserp on 17/01/2022 - 12:56
      +1

      600m2 is a regular plot really. Once you put a standard house on it you don't have tons of yard.

  • 2jzzzz on 17/01/2022 - 12:09

    Rentvest

    Buy elsewhere

  • tsunamisurfer on 17/01/2022 - 12:12

    If people are willing to pay then it isn't a rip off, its the new equilibrium price.

  • Hithere on 17/01/2022 - 12:13
    +4

    To get a block that size and at the price you are wanting to pay you'll be moving a lot further out than Pakenham.

    Drouin and Warragul areas have larger blocks in the $300k+ price range.

    • geekcohen on 17/01/2022 - 12:21
      +2

      This.

      You can get a decent block of land a lot cheaper in this area. Warragul isn't that far to Pakenham etc either. I live in Warragul and love it. Much better than the rat race and business of Pakenham + Officer. Plus, has all the things you need really. Might not have the big businesses like JB Hi Fi or Officeworks, but still has a great new bunnings and Kmart.

      I bought a place just over 12 months ago and got a 1200 sqm block, 3 bedroom house with oversized garage, office, huge lounge and dining area for just over $600k. Worth a lot more now, but love it.

      • bohn on 17/01/2022 - 14:27
        +1

        Warragul getting a Taco Bill now.. moving up in the world ;)

        You at Waterford Rise or Emberwood? ;)

        • geekcohen on 18/01/2022 - 07:45

          That is great! All we need is a new maccas!

          I am out off Copelands road, the eastern side of Warragul.

          • bohn on 18/01/2022 - 08:30
            +1

            @geekcohen: yeah I know copelands, some nice big blocks on that road, and it's gotten busier since the Copelands estate is opening up , joining on to Chesterfield.

    • Herbse on 17/01/2022 - 12:23

      Thanks will look into those areas

  • kanmen on 17/01/2022 - 12:17
    +2

    Just to clarify, this is the South East of Melbourne. The East is suburbs like Doncaster to arguably Wantirna, in which case I was about to say good luck. Please edit your title?

    I think your best bet is to go down on a Saturday morning and drive around. You'll see signs for land sales offices and new estates. Calling the numbers on websites you find online would help too.

    • Herbse on 17/01/2022 - 12:22

      Yea might have to go for a drive.

      • kanmen on 17/01/2022 - 12:28
        +1

        I already live in the area and have just bought land in the area (in Casey though) and that's what I had to do as well, so would recommend. Get off the Monash and you'll see the signs for new estates in the Officer/Pakenham area.

  • offerd on 17/01/2022 - 12:17
    +2

    "I'm after 600 square metres above. And around the $400k mark." You've missed the boat, sorry. The market has moved.

    I collated a list of the estates that I could send through in that area, using openlot.com.au.

    Have a look at the second hand market too on Facebook marketplace, Gumtree and Realestate.com.au, someone may want to cash out.

    I would seriously question the value of building now vs. buying established in that area.

    This whole thing is impossible to do online, you need to drive to all the estates and talk with the land agent and get the prices.

    Some will take calls, but really you have to be there.

    • Herbse on 17/01/2022 - 12:21

      Thanks I'll check out the site.

      Yea I was considering second hand plots. Also hard to find as well.

  • pharkurnell on 17/01/2022 - 12:37
    +1

    Keep going the bargains are there
    https://www.realestate.com.au/property-residential+land-vic-…

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