Australian land price

Original link: https://headsalon.org/archives/9069.html

【2022-03-27】

@whigzhou: After reading a report, I have a more specific feeling about the low land price here,

The city recently sold a piece of industrial land, 97 hectares, at a price of AUD$15M, approximately equal to RMB 72M, and sold it to a private developer.

This land is close to the township, 2.5 kilometers away from the town center, next to a national highway, and across the road is another mature industrial area. The land has been leveled and cleared. The city government and the state government have promised to invest AUD$10M as the foundation facility,

The land is divided into 44 lots of different sizes, so a medium-sized lot is nearly 20,000 square meters. If you plan to buy such a lot to open a factory, assuming the developer sells it to you at cost price, the price is only 35 10,000 Australian dollars (because the infrastructure is borne by the city and the state, he does not have to pay), which is only equivalent to the price of an upper-middle-level house in this city. Even if the price is doubled, it will be less than 1 million Australian dollars.

This is still considered to be a very good piece. The local newspapers report it as good news, and the members of the constituency rush to show their faces and take pictures.

The one who brokered this deal was one of the few real estate agencies that are common in this city.

@whigzhou: After looking at the planning map, I found that the division pattern of the lot is roughly that the plot is rectangular, and the two sides are adjacent to the road. The closer the lot is to the road, the more regular the shape is, but the smaller the area, the farther away from the road. My guess is that these lots probably all sell for about the same price, so if you don’t mind being a few hundred meters away from the road, you can get a much larger lot for the same price, which can be as large as 50,000 to 60,000 square meters,

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