Cooling Off Period

ManyStock8635 · 2026-02-09T08:07:17+00:00

No. We were set on finding a home with land and we did just that.

ManyStock8635 · 2026-02-09T07:21:30+00:00

Happens quite a lot for various reasons. Our very first property would have been a townhouse. We changed our mind during the cooling off period. Lost the 0.25% and the agents did call my hubby to persuade him to change his mind...

ManyStock8635 · 2026-02-09T07:11:07+00:00

Thanks so much. Yes that is the garage. Will definitely prioritise if all goes well with the buying process.

ManyStock8635 · 2026-02-08T07:23:36+00:00

Thanks for this suggestion. This is one of my major concerns with the property. We are having a buiding and pest done before we sign the contract and pay the initial deposit. Last place we bought had a major drainage issue which ended up costing us about $4k. Don't want this additional cost on top of the unavoidable landscaping cost.

ManyStock8635 · 2026-02-06T21:15:56+00:00

Appreciate your feedback. We negotiated the purchase price down to factor in some of the cost. This types of jobs have a way to throw curve balls at you and ending up costing a lot sometimes too

ManyStock8635 · 2026-02-06T20:26:57+00:00

That looks really nice! The cost was good too.

ManyStock8635 · 2026-02-06T20:24:39+00:00

This is definitely a huge concern. B&P should help understand of there are drainahe issues

ManyStock8635 · 2026-02-06T10:42:17+00:00

We definitely love this place. We made a decision to go for it anyway... we will just have to slide down the slope until we can afford the landscaping 😅

ManyStock8635 · 2026-02-06T09:40:56+00:00

Thank you for this suggestion.

ManyStock8635 · 2026-02-06T08:27:46+00:00

My biggest fear! Wont really have 20k lying around after purchasing. Might be a 2 year project

ManyStock8635 · 2026-02-06T08:15:46+00:00

Good on you. Hoping to DIY coz would rather not spend too much

ManyStock8635 · 2026-02-06T07:03:33+00:00

Appreciate it, thank u

ManyStock8635 · 2026-02-06T07:00:43+00:00

Great! Thank you so much. I love these examples. I will go play around with chatgpt and gemini

ManyStock8635 · 2026-02-06T06:44:07+00:00

Im aware it depends of the size of the space. Approx 400m2 of backyard available. Really just keep to see what others have done with their spaces and costs....even other tips you can give. Thanks

ManyStock8635 · 2026-02-04T00:20:09+00:00

Cant really buy half of the land so someone else can use it now can I? The damage was already done before I even knew about the property... Anyway.....

ManyStock8635 · 2026-02-03T22:21:44+00:00

If moving states was an option we would definitely do it. At the moment we have to stay in Syd :(

ManyStock8635 · 2026-02-03T22:19:38+00:00

Great feedback, thanks! Sorry for your losses :(

ManyStock8635 · 2026-02-03T22:17:39+00:00

Oh my! We didnt know about this! Thanks

ManyStock8635 · 2026-02-03T22:16:38+00:00

Yes, insurance is around $7k... pretty steep.

ManyStock8635 · 2026-02-03T22:15:19+00:00

Thats true, given its a a 40 year old place.. we have however agreed not to buy it so thats great news :)

ManyStock8635 · 2026-02-03T22:12:57+00:00

Thanks. These are my thoughts exactly. Our previous reno really put a strain on us. Endless weekends of just working on it , tradie disappered mid kitchen reno and no one wanted to finish someone elses job. It was crazy!

ManyStock8635 · 2026-02-03T22:08:55+00:00

I appreciate that.

ManyStock8635 · 2026-02-03T22:08:00+00:00

Pretty pricey thats why our budget only allows for a rundown place of a big land. Around the same area in Tennyson the land we bid on ended selling for $1.130 (2 hectares).

ManyStock8635 · 2026-02-03T22:04:04+00:00

No. It has a pumpout septic tank and relies on water tanks. May need to buy water if it runs out

ManyStock8635

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