May 31, 2012 at 10:36 pm #257010
I am a disability pensioner and my wife is on a carer’s pension which gives us a very small range of options.
We are eligible for a shared equity loan through the government but they will only give us $170,000 (based on our income) which just isn’t enough in any way to buy property here in WA.
I came across a $1 a week farmhouse rental scheme (www.rentafarmhouse.com.au) but they haven’t really had anyone here take it on, other than Nungarin and all of those houses have been taken up.
Just wondering if anyone has any other ideas for ways that we may be able to get some land and a home.
BrendanJune 1, 2012 at 10:06 am #524555
we had no borrowing finance available to us, in the end we needed to go from bank to bank (the ones we had been with for over a decade dumped on us) to borrow a measly $10k, but we budgeted with what we had and did secure a loan, all said and done now except for the painting inside, with land, steel build house and shed all came in around $170k, that’s up here north of gympie in qld, where if people want humbler things they can still get reasonable land for the $60k to $79k mark for just over 1 acre.
if you don’t mind a move there have been some shires in NSW i think with those dollar deals on renting or buying land, not sure if they are still current. i’m aged pensioner with wife on care payment, feel at our age we needed something we owned instead of paying rent.
lenJune 1, 2012 at 12:12 pm #524556
there is some cheap land if you move further out ……. I saw a block at Grass Valley ( near Northam ) for arround $50,000 for a few acres on Realestate.com …….. and you can build a small kit home for $100000 ……. we are getting kit as an addition to our place a – 60 sq m kit from Garage Wholesalers in Maddington – it should come out under $100,000 finished ……… nothing fancy but depends on what you want :shrug:June 1, 2012 at 8:25 pm #524557
Our budget is around the $100k mark, so I feel your pain. So far, it seems to come down to location. I’m taking a look at an old house on 20 acres for $125k.. so it can be done, but it’s an hour from anywhere with a large population. We looked at a property the other day for $105k – an hour from Ballarat – complete disaster.. I think people try it on much of the time.. I bet there’s room for negotiation in the asking prices.June 2, 2012 at 10:20 am #524558
check your shed companies, up here they can get a shed like ours approved to A1 habitable dwelling, for us about $4k to $7k cheaper than the kit homes suppliers. and the shed co’ built it from go to lock up, we found kit suppliers mostly don’t do that you need to go hassle of finding a builder or do online owner builder certificate course. we got 6MX9M with full length scillion roof patio 3M wide and 6MX6M shed, very neat.
$50 k or so a good price i’d suggest depends on for us aspect of land and soil quality all considerations when health not the best plus distance from nearest centre, for us about 30k highway.
do a criteria list to keep you focused:
lenJune 2, 2012 at 1:15 pm #524559
Container houses can be a cheap option too – hubby has just been researching these and lots of info out there on the net.June 2, 2012 at 1:43 pm #524560
all these ideas being given to you, don’t forget to check with your council –June 2, 2012 at 7:02 pm #524561
dierich post=344234 wrote: Container houses can be a cheap option too – hubby has just been researching these and lots of info out there on the net.
Yeh the container houses look good, unfortunately they are not eligible with the Keystart loan I looked at getting.
Looks at this stage as if renting is our only option. Investigating a farmhouse rental for $1 a week scheme atm (www.rentafarmhouse.com.au) and also private rentals. Came across a farmhouse (without land unfortunately) for $180 so will keep investigating agencies in the smaller towns we are interested in moving to.
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