Thursday 18 May 2017

Porter Davis Price Increase: July and August 2017


So here's the run down of Forsyth 35's price history since we started talking with PD.
  • 06 August  2016 - Our first visit to Forsyth 38, the base price then was $238,900. 
  • 13 August 2016 - Our first meeting with PD sales consultant. Overnight, the base increased to $240,900. Our sales consultant assured us that she secured the old price for us because she started the quotation for us before the price increase.
  • 3rd Week of October 2016 - We requested to be transferred to another sales consultant because our first consultant injured herself and we were warned about an impending price increase. The base price increased to $246,900 and the promotion packages were also changed. We opted to switch over to the new base price and promotion packages as based on my computation, the new price and promotion will cost us the same as the new promotion packages cover all the things that we want to upgrade plus we can get the full house render for just $4,999
  •  December 2016  - Base price was $249,900
  • February 2017- Was $251,900
  • March 2017 - now $252,900
  • May 2017 - now $253,900
  • July 2017-now $270,900
  • August 2017- now $278, 900
On a side note, the land prices in Woodlea, where we are building our house, has also been shooting up as they open facilities and services. At the moment, they have opened all their display homes and we heard that they will open another set. Go West cafe has been serving great coffee. We now have 2 parks in the estate. Bacchus Marsh Early Learning Centre has started operating this school year. The 2 footy field construction is well underway too! With these deliveries, the price of a 540 sqm lot based on Stage 28 and 29 release is now $295,700 way higher that what we got our land for!

I don't know how aspiring home buyers would be able to keep up with these increases. Our salaries have definitely not increased this much in the last 9 months! 

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