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What can be bought for $300,000

#Post
151

That sounds nice, the best of both worlds......... I am so very relieved your permits are all up to date, now I can relax. Seriously your little oasis sounds lovely, hang on to it, it is probably unique.

mannix51 - 2020-12-07 21:05:00
152
mannix51 wrote:

That sounds nice, the best of both worlds......... I am so very relieved your permits are all up to date, now I can relax. Seriously your little oasis sounds lovely, hang on to it, it is probably unique.

haha yes, i agree you can worry to much about formalities *sometimes*. It suits us as my husband can still get to work and back skirting around major congestion areas, and i now work from home. And lived here all my life so know no different, and also know the most beautiful scenic parts.

heather902 - 2020-12-07 21:13:00
153

I do admit to a certain animosity toward council. They too rezoned my many residential sections into one rural lot, effectively denying me the future option to sell these off seperately to fund my retirement. But, for every negative there is a positive. Rural regs are much more relaxed, I take advantage of this as much as possible.

mannix51 - 2020-12-07 21:21:00
154

and, next time i visit Auckland, ill stay at your place, i never did feel safe sitting on a banana box.

mannix51 - 2020-12-07 21:27:00
155
mannix51 wrote:

I do admit to a certain animosity toward council. They too rezoned my many residential sections into one rural lot, effectively denying me the future option to sell these off seperately to fund my retirement. But, for every negative there is a positive. Rural regs are much more relaxed, I take advantage of this as much as possible.

I have very comfortable sturdy furniture, so give me a shout, At least when we bought here, the heritage act was about to be enacted, so we knew we could never sub-divide, but in a lot of ways that protects us. Hearing the birdlife will never be under threat.

Edited by heather902 at 9:30 pm, Mon 7 Dec

heather902 - 2020-12-07 21:30:00
156

can i ask what you pay in rates?

mannix51 - 2020-12-07 21:32:00
157
mannix51 wrote:

can i ask what you pay in rates?

I think its $930 ish a quarter, we have no public transport, no public sewerage or stormwater, but our roads and ditches are very high maintenance, lots or banks that get mowed a lot and ditch digging.... we are only just about to get fibre. we radio frequency BB.

heather902 - 2020-12-07 21:42:00
158

I am $2800, same, no footpaths , streetlights , crappy road with an open stormwater drain.... around 20ks from the ..... ahem,,,, CBD.
I thought you would be much more, did I read its going up soon for you?

mannix51 - 2020-12-07 21:48:00
159
mannix51 wrote:

I am $2800, same, no footpaths , streetlights , crappy road with an open stormwater drain.... around 20ks from the ..... ahem,,,, CBD.
I thought you would be much more, did I read its going up soon for you?

sounds like it will go up at least 5%. probably more. my Mum is rural/beach in the far North, property is modest and she pays more than us. 1 hour out of Kaitaia.

heather902 - 2020-12-07 21:51:00
160

Tell me, Auckland i would have thought should be cheap by virtue of the large population crammed into a smallish space? Like, a square kilometer of Auckland is gunna net a fair swag of money. So much for the urban sprawl theory then.

mannix51 - 2020-12-07 21:56:00
161

There are quite a few people living in converted sheds, garages, containers etc. in this rural area, one did for a few years while working for the Council. They only found out when they came to do an inspection on their new build. It is classed as 'non habitable' but some are lovely inside and it keeps the rates low. As long as you don't have a stove, oven/hob, whatever you have as a kitchen isn't classed as one, put one in and that is when it causes trouble. Plug in appliances are fine and all one person needs these days. Some are nicer and better insulated than many of the old houses around the area but because they weren't permitted for living in with all the strict rules required for a house, they will forever remain what they were built as.

kacy5 - 2020-12-07 22:05:00
162
mannix51 wrote:

Tell me, Auckland i would have thought should be cheap by virtue of the large population crammed into a smallish space? Like, a square kilometer of Auckland is gunna net a fair swag of money. So much for the urban sprawl theory then.

I think it is relatively cheap compared to the rest of the country, A f friend of mine pays $450 a quarter - she is about 12-14 minutes a way, modest home on average land. but then she pays water as well at about $100 a month where we do not. its swings and roundabouts, but I don't think Auckland rates are comparatively that bad.

heather902 - 2020-12-07 22:14:00
163

We worked out years ago that insurance was a waste of money. We just have house insurance on our rental, and enough life insurance to cover the mortgage. Our main house isn't insured as it is earthquake damaged, but we'll be getting that fixed soon hopefully, so will be able to insure that too.

tygertung - 2020-12-08 06:55:00
164
heather902 wrote:

I think it is relatively cheap compared to the rest of the country, A f friend of mine pays $450 a quarter - she is about 12-14 minutes a way, modest home on average land. but then she pays water as well at about $100 a month where we do not. its swings and roundabouts, but I don't think Auckland rates are comparatively that bad.

We pay $750 a quarter. Small house on an ok sized section.

annie17111 - 2020-12-08 07:19:00
165
kacy5 wrote:

There are quite a few people living in converted sheds, garages, containers etc. in this rural area, one did for a few years while working for the Council. They only found out when they came to do an inspection on their new build. It is classed as 'non habitable' but some are lovely inside and it keeps the rates low. As long as you don't have a stove, oven/hob, whatever you have as a kitchen isn't classed as one, put one in and that is when it causes trouble. Plug in appliances are fine and all one person needs these days. Some are nicer and better insulated than many of the old houses around the area but because they weren't permitted for living in with all the strict rules required for a house, they will forever remain what they were built as.


Your post reminds me of this story...

A well known local ignored the rules and built himself and his dog a lovely dog kennel on his rural block... He also had a beautiful Maimai!
The council knew he wasn’t “legal” but, apart from nailing a sign on the door could do nothing!
He was a bit of a hero amongst his mates but sadly he died last year.

lovelurking - 2020-12-08 08:29:00
166
tygertung wrote:

We worked out years ago that insurance was a waste of money.
I’ve always been more than happy to “waste money” on insurance.
When you have phoned 111 for the fire brigade that seems to take ages to get there I can assure you, knowing you have insurance is a huge comfort...

lovelurking - 2020-12-08 08:41:00
167
lovelurking wrote:

[quote=tyge-
rtung]We worked out years ago that insurance was a waste of money.
I’ve always been more than happy to “waste money” on insurance.
When you have phoned 111 for the fire brigade that seems to take ages to get there I can assure you, knowing you have insurance is a huge comfort...

We have full cover on all our cars and motor bike, if someone without insurance crashes into us, we are covered and no chasing someone without money to get our vehicles fixed. My husband is a panel beater and seen a few cars over the years that have no insurance and end up being sold for scrap. Our house is the most expensive thing we will ever own so seems stupid not to insure it.

annie17111 - 2020-12-08 08:47:00
168

We have it on the house, but the contents are almost impossible to claim on as the insurance wants receipts for every item you are trying to claim on.

tygertung - 2020-12-08 15:28:00
169
lovelurking wrote:


Your post reminds me of this story...

A well known local ignored the rules and built himself and his dog a lovely dog kennel on his rural block... He also had a beautiful Maimai!
The council knew he wasn’t “legal” but, apart from nailing a sign on the door could do nothing!
He was a bit of a hero amongst his mates but sadly he died last year.

This was in England from memory but these people weren't allowed to build a shelter for their horse in the paddock but a photo showed the horse, one wet day, standing under a massive table. It looked the real thing too and apparently the 'table' was acceptable.

kacy5 - 2020-12-08 15:55:00
170
tygertung wrote:

We have it on the house, but the contents are almost impossible to claim on as the insurance wants receipts for every item you are trying to claim on.

depends what insurance company. Some are better at paying out than others. That is why we are with fmg

annie17111 - 2020-12-08 17:25:00
171

The member deleted this message.

annie17111 - 2020-12-08 17:25:00
172
heather902 wrote:

sounds like it will go up at least 5%. probably more. my Mum is rural/beach in the far North, property is modest and she pays more than us. 1 hour out of Kaitaia.

I am 10 minutes from Kaitaia. I live in the "CBD" of my area on a metal road. My rates are around $600 a quarter. I have a flash sewerage system. Rubbish is collected at the end of the street once a week. Maintenance on the road is when you complain long and loud. There are only three "official" residences in the street. The other three are actually on the state highway but access through our street. Any maintenance stops short of any of the "official" residences.

I have been here 22 years, my daughter is now 24. The last time anything significant was done was when she wrote and complained about the pot holes being dangerous when she rode her bike. She signed it L****** G****** aged 9 3/4. I pulled her up about not actually riding on the road, her reply, they don't know that.

joanie04 - 2020-12-08 20:51:00
173

We got a new posh sewerage system around 4 years ago. Incredibly, the collection station where your "business" arrives for processing is 18kms away. I cant imagine a number twos, even a fairly robust one at that, arriving undamaged and in pristine condition after such a long trip.
I cant help but stand proudly as I rebutton my jeans, and marvel at the ability of modern technology to perform such a feat and wish the journey well. In the old days of the long drop, i felt there was more of a "lasting connection" between us. Times change.....sigh.

Edited by mannix51 at 10:29 pm, Tue 8 Dec

mannix51 - 2020-12-08 22:22:00
174

https://www.stuff.co.nz/life-style/homed/housing-affordabili
ty/123645383/101-properties-going-going-gone-in-invercargill

These two houses were similar to all the other under $40k houses in Invercargill untill about 2002-3 when they started rising.
But they sat at $40k or less from the early 1980's. There seemed to be a barrier at that amount. Rent $100.
Though you could get a brick 1960's house for that price if you wanted to. Rent would have been $110+/week & rates $700+ Inc water & rubbish.

Murray's pretty notorious, he owns a dairy, nice guy but described as a 'skinflint' lol. I heard he got a lump sum of $ around 2000 & just bought houses as fast as he could. A cancer scare & rental laws was why he sold up a lot.
Anybody could have done it but nobody would have thought house prices would go up like they did. Hell they were giving away property's back then. I even offered to buy a house for 2 different people & got turned down ( just so they could get a house, not pay rent, then pay me back the $9000, or after house price had gone up, refinance & pay the $50k+ house off at $40k price ) & got turned down....
Those both have larger 1/4 acre sections.

Edited by marte at 6:13 pm, Sun 13 Dec

marte - 2020-12-13 18:11:00
175

Option no 1
Buy a rental property, with land, in the Far North.
Clean, repair and paint.
Draft plans for an outdoor shower with hot water, and an outdoor toilet, and carport for two cars. Submit to council for approval.
Enquire about building a 30 m sq studio (no consent required).
Erect according to Council rules, and comply with building code. Install lighting and power points. A heat pump or will a ceiling fan do.
Build a covered deck. An A frame greenhouse, and an outdoor fireplace/stove.
A home.

aklreels - 2020-12-15 21:09:00
176
marte wrote:

https://www.stuff.co.nz/life-style/homed/housin
g-affordability/123645383/101-properties-going-going-gone-in
-invercargill

These two houses were similar to all the other under $40k houses in Invercargill untill about 2002-3 when they started rising.
But they sat at $40k or less from the early 1980's. There seemed to be a barrier at that amount. Rent $100.
Though you could get a brick 1960's house for that price if you wanted to. Rent would have been $110+/week & rates $700+ Inc water & rubbish.

Murray's pretty notorious, he owns a dairy, nice guy but described as a 'skinflint' lol. I heard he got a lump sum of $ around 2000 & just bought houses as fast as he could. A cancer scare & rental laws was why he sold up a lot.
Anybody could have done it but nobody would have thought house prices would go up like they did. Hell they were giving away property's back then. I even offered to buy a house for 2 different people & got turned down ( just so they could get a house, not pay rent, then pay me back the $9000, or after house price had gone up, refinance & pay the $50k+ house off at $40k price ) & got turned down....
Those both have larger 1/4 acre sections.

got a lump sum in 2000 did he? Meh and who said inheritance and age didn’t help create some of these property tycoons? Nah.....people just need to work harder just like the Murray’s of this world.....and no, anybody couldn’t have done it......you had to be old enough for a start.....I will tell my son who was 1 in the year 2000 that he should have bought a house back then. I will tell my other son that he also should have bought a house 5 years before he was even born.....lazy kids

Edited by lakeview3 at 9:35 pm, Tue 15 Dec

lakeview3 - 2020-12-15 21:29:00
177

A house at invercargill or 4 sections.

ash4561 - 2020-12-20 22:31:00
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