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rowan · 03-07-2010, 07:52 PM

The sum value of the fittings from some of those old homes are probably worth a lot more than the purchase price.

The cheapest land I've seen in Australia was a newly developed residential area in a rural town selling serviced blocks for 50c (not much more than a quarter in US currency

) ... but the catch was you had to build within 2 years. It was an attempt to rejuvenate the town, but it also meant that the value of existing properties plummetted, since you could build a better quality home for less than buying an existing one.

03-07-2010, 07:52 PM
rowan Too lazy to set a custom title Join Date: Mar 2002 Location: Australia Posts: 17,393	The sum value of the fittings from some of those old homes are probably worth a lot more than the purchase price. The cheapest land I've seen in Australia was a newly developed residential area in a rural town selling serviced blocks for 50c (not much more than a quarter in US currency ) ... but the catch was you had to build within 2 years. It was an attempt to rejuvenate the town, but it also meant that the value of existing properties plummetted, since you could build a better quality home for less than buying an existing one.