Housing Shortage

[willedoo]

Growing up as a kid, myself and almost everyone I knew was on a soldier settlement block. It's just a pity they weren't a bit bigger. As time went by it became harder and harder to make a living off those acerages. These days a lot are aggregated.

[spacesailor]

Using your EV for house power ! .

Not with a Tesla , 

So I won't borrow the neighbours Tesla , during the next power outage .

spacesailor

[facthunter]

Definitely too small to make a living from. A cruel proposition for many. Not well thought through.  Nev

[old man emu]

This might explain why houses are so expensive.

 

 

[red750]

A residential home builder has gone into liquidation and is banned from completing unfinished houses after its licence was suspended for failing to disclose financial problems.

 

Shore Homes based on Queensland's Sunshine Coast went into liquidation on Tuesday, less than four years after being registered during an era of $25,000 Covid home building grants.

 

The Queensland Building and Construction Commission confirmed its licence was cancelled on June 27.

 

'The company, which had its builder – low rise and carpentry licence classes cancelled, is prohibited from carrying out any building work, including completing any work already in progress,' a spokeswoman told Daily Mail Australia.

[old man emu]

The Inland Rail route passes through my Shire https://inlandrail.com.au/what-is-inland-rail/  and the organisation has bought up a number of rural properties along it. The workers building the line need accomodation, which we all know is scarce, especially in small country towns. It seems that the Shire Council and Inland Rail reached an understanding where by the Council would develop a residential estate and, I think, build modern homes which would be leased to the workers while working nearby, and afterwards, when the workers moved on, the Council would offer the estate to the public. 

 

This is what they have at the moment:

It's called the Aeropark Estate because it's right beside the air strip, which is used by the RAAF's Hercules aircraft for training - mainly aborted landing practice.

 

Now it seems that the Inland Rail has stopped construction due to lack of funding, leaving the Council looing down the barrel of a big financial loss. So, they have opened the estate up to the public. The asking prices would look great to capital city dwellers, but there are a lot of things that don't make purchasing one attractive. The first thing is lack of local employment. The closest place with a variety of employment is 70 kms away. The expected amenities don't exist here. You have to travel that 70 kms (each way) to shop at the, big chain stores, or to access financial, legal or specialist medical services.

 

Sales to locals are unlikely because the people who need accomodation are mainly in the lower income bracket, if they have work at all. 

 

This illustrates the point that it is one thing to provide the potential to create housing stocks, but the potential cannot be acted upon because the costs to do so are impossible to meet.

 

 

[red750]

[willedoo]

Looks a bit like my place.

[facthunter]

You could make it comfortable. There HAS to be more to life than paying off a house.  Nev

[onetrack]

I don't think anyone minds paying off a house that's a reasonable price, especially if you utilise it daily. The worst scenario is purchasing a mega-dollar house and hardly spending any time in it, because you have to spend 80% of your time, away working, to pay for it. 

The current problem with Australian property is that the flood of Chinese and criminal money is sending house and property prices into the tulip bubble region.

 

You can't have house and property prices rising at 10% annually for 20 years when the long term average is a 3% increase in prices. Either our money has become the equivalent of dunny paper, or people are losing huge amounts of purchasing power because their incomes aren't keeping pace with house and property price increases.

 

It must end in tears, but I can't see exactly when. Usually it takes an unforeseen adverse economic event to cause a major tumble in house and property prices.

I am constantly staggered by the property prices increases that are filtering through to remote and rural regions as well.

 

Get a look at this little fibro 60's house in a tiny rural town in W.A. It's been nicely renovated, but the yard and surroundings are shabby, the town is only accessible by windy, tedious roads, it has a town population of 75 people, just one store with outrageous prices, bugger all employment opportunities, apart from rural labour - yet it sold for $250K in Nov 2023. 20 years ago, this house would have struggled to reach a $50K sale price.

 

https://www.domain.com.au/35-george-street-bolgart-wa-6568-2018767931

 

Edited July 19 by onetrack

[willedoo]

That's a lot of money to live in an asbestos box in the middle of nowhere.

[spacesailor]

There is still the odd bargain to be found. 

I'm looking for a rural property with a hanger & sheds full of " Barnfinds " .

spacesailor

PS : an air-museum is lost in the " Molong " area of NSW.

 

[onetrack]

Spacey - You mean to tell me now, that there's buried Spitfires at Molong? - and not Burma?? 😁

 

Edited July 19 by onetrack

[red750]

To add to all the construction companies going to the wall (pardon the pun), the 2 or 3 town houses under construction opposite our medical centre has been unattended for so long, all the timber has turned grey. Don't know what's happening with the builder.

[spacesailor]

Molong lost aircraft .

I believe it was the " possible " Bankstown air museum. 

Transported by a trucking company. ( from that area ) .

Somebody here may know more about it. Also how many aircraft were moved . Including Ansett Airlines DC 3 .

spacesailor

 

[old man emu]

Spacey might be on track about the location of the Australian Aviation Museum's exhibits.

 

We discussed this matter back in 2018 https://www.recreationalflying.com/forums/topic/31094-demise-of-the-australian-aviation-museum-bankstown/

[spacesailor]

Molong lost aircraft .

I spotted the DC3 in a trucking company garden . ( from Mitchell highway) .

Somebody here could visit him to learn a little more .

spacesailor

 

[old man emu]

Unfortunately, Spacey, when I go to Sydney I avoid the Mitchell Hwy because there is too much traffic and is actually  a longer way than my usual through Mudgee.

[spacesailor]

Well . For all those looking for that " barn find " .

My grandson-in-Law. Has just told me .

A pilot left his aircraft in a farmer's field after not being able to reach his destination.  It seems it is still in the farm field many months later, near Lightning Ridge .

Anyone knows more,  please enlighten us mortals. 

spacesailor

 

[spacesailor]

The ' Ansett Airline ' DC 3,

was at .

Larra Lee , 4649 Mitchell hwy.

spacesailor

 

[spacesailor]

The ' Ansett Airline ' DC 3,

was at .

179 Larra Lee Road,  Mitchell hwy.

 

Sneaky me 

spacesailor

Edited August 1 by spacesailor

[willedoo]

The DC-3 at our local air museum is supposed to be the oldest one in Australia. It was a KLM plane originally flying from Europe to Batavia as Jakarta was known as back then. It then changed to the local KNILM and eventually evacuated out here when the Japanese were occupying NEI. It was under Dutch control for a while until the Yanks commandeered it into the USAAF. They seem to think MacArthur flew on it once. Gough definitely did. I wonder how many times he banged his head on the ceiling.

[onetrack]

Spacey, if there's an abandoned aircraft near Lightning Ridge, the 4 wheel drivers would know about it and have it marked down for regular investigation.

Goldfields Air Services crashed a Cessna 310 twin in the desert about 300kms N of Forrest, way back in 1993. GAS went and stripped the engines from the wreck and left the remains to rot.

A bushfire went through the area a few years ago, and I believe there's only a burnt shell left now.

 

https://www.exploroz.com/places/816/wa+light-plane-wreckage

 

https://www.exploroz.com/forum/136698/goldfields-air-services-reg-no-vh-fyz-crash-abh

 

https://www.atsb.gov.au/publications/investigation_reports/1993/aair/asor_199300002

 

 

[spacesailor]

Not that one .

This year , single engined just sitting there.

Near , Angledool nsw .

spacesailor

[pmccarthy]

I thought I had never heard of Angledool but I must have driven through it on my way to Hebel last year.