Haggling a price reduction on a block of land.

[hannem]

Hi all,
Have been looking for a block of land in our local area and paid a visit to the land office in an estate looking at sizes and prices.

One of the stage releases faces a parkland and is called the gold release. Prices are fairly high and about one half of this street has houses on it.

Just in the 10 mins or so chatting in the sales office the sales guy said he would knock off $8000 off the price, the land started at $208,000. Almost too easy and he did not need any prompting. Hmmm are they not moving them??

Just wondering how much this could be further knocked down??

Original price $208,000 10%=$28,000 5%=14,000.

Not sure how long these blocks have been sitting, will go and knock on one of the houses tonight on the way home, but obviously it takes around 6 months to build a house, so at least that time at minimum.

Probably one of those questions that does not have a real answer, more just looking to see what you think and have you purchased land recently and how did you go.

Can only see how I go.

Located on Melb Western suburbs if that helps