Harrynsw wrote:Hi Folks
Iv been very keen to buy a bush block the last couple of years, 3-4 hours out of Sydney, 100-200 acres. Anyway iv convinced my brother in law to go halves with me and we're on the look out.
What's involved in owning a bush block?? Hidden fees or obligations??
Harrynsw wrote:What's involved in owning a bush block??
Harrynsw wrote:Ok, it's losing its appeal real quick...
Harrynsw wrote:Ok, it's losing its appeal real quick...
bladeracer wrote:Harrynsw wrote:Ok, it's losing its appeal real quick...
It's a special kind of person that can tie up hundreds of thousands of dollars in a piece of land they only visit occasionally.
Stix wrote:Harrynsw wrote:Ok, it's losing its appeal real quick...
Tax incentives--set it up well, Cat C, shoot there when ever you want to, get to know & network with neighbours, cheap/partially tax incentified meat,...
Go-cart/dirt bike/dirt circuit track...
...YAY....!!
Lets be friends Harry.. ....i wont just give you the negatives mate, & ill come help you dig the holes too...
Getting the appeal back at all...
bladeracer wrote:Harrynsw wrote:Ok, it's losing its appeal real quick...
It's a special kind of person that can tie up hundreds of thousands of dollars in a piece of land they only visit occasionally.
Blr243 wrote:Pay to go somewhere you don’t own. It will work out heaps cheaper , and it will be at least 10000 acres so u can hunt properly on it ....and you can go somewhere different every time
Bill wrote:Bigga NSW just next to Wyangala Dam usually has the best value block 3-4hrs from sydney, plenty of goats around, fishing at the bottom of the hill. Expect to pay $400k for 200 acres or there about. Lifestyle get aways block around the 100 acres can be found around Lithgow/Hampton but expect to pay $450-500K
TassieTiger wrote:bladeracer wrote:Harrynsw wrote:Ok, it's losing its appeal real quick...
It's a special kind of person that can tie up hundreds of thousands of dollars in a piece of land they only visit occasionally.
That is one of the most ridiculous comments I’ve read in a while...
If you think that “land” in the correct location, might not appreciate in value by more than the 2% interest loans that are currently available, then your sadly mistaken...it’s a solid investment in its own right, it offers tax breaks if set up properly, it can generate income from all manner of opportunities, it allows you to peruse your hobbies and the capital growth allows for additional investment.
Not to mention what Stix has posted up about cat C for primary producers, etc etc.
If you do it properly - with the correct advice and correct property, it should not cost you a single cent
TassieTiger wrote:bladeracer wrote:Harrynsw wrote:Ok, it's losing its appeal real quick...
It's a special kind of person that can tie up hundreds of thousands of dollars in a piece of land they only visit occasionally.
That is one of the most ridiculous comments I’ve read in a while...
If you think that “land” in the correct location, might not appreciate in value by more than the 2% interest loans that are currently available, then your sadly mistaken...it’s a solid investment in its own right, it offers tax breaks if set up properly, it can generate income from all manner of opportunities, it allows you to peruse your hobbies and the capital growth allows for additional investment.
Not to mention what Stix has posted up about cat C for primary producers, etc etc.
If you do it properly - with the correct advice and correct property, it should not cost you a single cent
bladeracer wrote:TassieTiger wrote:bladeracer wrote:Harrynsw wrote:Ok, it's losing its appeal real quick...
It's a special kind of person that can tie up hundreds of thousands of dollars in a piece of land they only visit occasionally.
That is one of the most ridiculous comments I’ve read in a while...
If you think that “land” in the correct location, might not appreciate in value by more than the 2% interest loans that are currently available, then your sadly mistaken...it’s a solid investment in its own right, it offers tax breaks if set up properly, it can generate income from all manner of opportunities, it allows you to peruse your hobbies and the capital growth allows for additional investment.
Not to mention what Stix has posted up about cat C for primary producers, etc etc.
If you do it properly - with the correct advice and correct property, it should not cost you a single cent
I'm sure it will appreciate, but if it's not earning income to cover it's own mortgage payments it is a hell of a financial burden to carry for a few weeks per year of enjoyment, especially if you already have a home mortgage to service as well. If you have the cash in the bank then for sure putting into a block of land is a great use for it.
Die Judicii wrote:If,,,,,,, and I stress IF,,, the ability to get your Cat C is or will be a driving factor consider this before you jump in.
Here in Qld, Cat C firearms in association with the property have to stay on the property.
The only time (legally) you can take them away from the property is to take it/them to a gunsmith, or a dealer for repair or sale.
So you will have a choice of,,,,,,,Leaving said Cat C firearms in your "log cabin/humpy" (frowned upon by the authorities) especially if your only gonna be in
attendance only once in a while.
Or,
Build a house on the block and live there permanently.
Whether the same sort of arrangement exists in NSW or not I have no idea, but it's something you should maybe check out.
bladeracer wrote:TassieTiger wrote:bladeracer wrote:Harrynsw wrote:Ok, it's losing its appeal real quick...
It's a special kind of person that can tie up hundreds of thousands of dollars in a piece of land they only visit occasionally.
That is one of the most ridiculous comments I’ve read in a while...
If you think that “land” in the correct location, might not appreciate in value by more than the 2% interest loans that are currently available, then your sadly mistaken...it’s a solid investment in its own right, it offers tax breaks if set up properly, it can generate income from all manner of opportunities, it allows you to peruse your hobbies and the capital growth allows for additional investment.
Not to mention what Stix has posted up about cat C for primary producers, etc etc.
If you do it properly - with the correct advice and correct property, it should not cost you a single cent
I'm sure it will appreciate, but if it's not earning income to cover it's own mortgage payments it is a hell of a financial burden to carry for a few weeks per year of enjoyment, especially if you already have a home mortgage to service as well. If you have the cash in the bank then for sure putting into a block of land is a great use for it.
Gamerancher wrote:In NSW:
Pest weed species are about the only thing that it is "mandatory" to control.
Boundary fencing is a matter between you and your neighbours, even if you have public road frontage, unless you have livestock, it doesn't have to be fenced.
The exception being some rural subdivisions may have a covenant about fencing
The fire-break requirements depend on location and are not compulsory. There is a "10/50" rule that allows clearing of trees and vegetation for 10m around buildings and undergrowth for up to 50m from them. Again, it is not compulsory.
In NSW it can actually be against the Environmental Planning laws to clear land. Make sure you do your research before buying.
While ever you aren't creating a problem for your neighbours or local government there really is no great "burden" in owning a "bush" block in NSW.
Your biggest problem in your "3-4 hours" from Sydney, apart from cost, will be with "tree change" neighbours who love the "wildlife" and are anti-gun, good luck with your weekend shoots with that kind of neighbour.
On bright side, there may be some bargains to be had at the moment with numpties who didn't clear around their "weekender" that is now a pile of ashes.
( Too soon???)
AJB wrote:There is also a lot of bulls**t with council when buying some land some blocks have to be of a certain size to be able to build or live on like over 100 or 200 acres and some only let you stay weekends and your only allowed to build a shed of a certain size it can get frustating at times when only a 5klm difference in propertys but a heap of different rules in nsw
Stix wrote:So you'll get good future investment tips in this info also..--you might buy a block for $200k now, go camping then sell it for a huge profit as 3 small acreage house blocks in 15 yrs time...or NOT be able to do that...etc etc....
bladeracer wrote:Stix wrote:So you'll get good future investment tips in this info also..--you might buy a block for $200k now, go camping then sell it for a huge profit as 3 small acreage house blocks in 15 yrs time...or NOT be able to do that...etc etc....
Stopping these investors is why the 100ac. building laws were brought in down here, to keep the area rural.
Stix wrote:bladeracer wrote:Stix wrote:So you'll get good future investment tips in this info also..--you might buy a block for $200k now, go camping then sell it for a huge profit as 3 small acreage house blocks in 15 yrs time...or NOT be able to do that...etc etc....
Stopping these investors is why the 100ac. building laws were brought in down here, to keep the area rural.
Yep...
Im just pointing out that this info can be found out for future reference within the developement plan...
Because some places arent like that Blade...like as an example, the (for the purposes of this ill say) the very same dirt both you & i shot bunnys on as a kid...
Look at the Angas river --edit "Angus Creek" that runs through Strath--its hard to see on google earth, but where peoples bathroom windows open & touch each other in modern housing just in off the Paris creek road, in what is now the "suburb" of Strathalbyn, i have spent many a day shotgunning bunny's & also downed my first ever duck in flight over a nearby dam...
I shot all the land there as a kid both sides of the Paris creek road right up to the top of the hill, & still even dropped a duck off the same dam in my late 20's...
Its just an ocean of suburbia inhabited by entitled folks who kid themselves they live in the bush these days...
Different jurastictions will have differing future plans--some will ultimately want medium or low density housing in the near future, & others may be at an interim stage of ultimately inevitable developement like your area...