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Building Blocks Blog

Welcome to Building Blocks, the Saw Constructions blog.

As part of our mission to transform the perception of the building industry, we'll be showcasing articles of interest, some of our proud project history and sharing our knowledge and expertise in property development, because your success is our business.

If you have any comments or questions about anything at all, please leave them here and someone from Team Saw will be sure to answer them.
  • Townhouses preferred for Melbourne’s growth areas.

    October 09, 2017

    Reflecting an increasing shift in home buying preferences in Melbourne, townhouse construction approvals are increasing at a faster rate than houses in growth suburbs. 
     
    ABS (Australian Bureau of Statistic of Statistics) figures show there is a 26% increase in townhouse approvals over and above last years figure, for Melbourne’s growth areas. 1834 building approvals were made.
     
    However, in the same period house building approvals in the growth areas increased by only 6%, to 12,498.
    There are several reasons behind the increase in townhouses in the outer suburbs. Although medium density development is increasingly encouraged in Melbourne inner-city locations have more restrictions, which pushes many townhouse developments further out.

    Read more...
  • Apartment living starts to cool for Australians.

    September 18, 2017

    We had been led to believe that Australians were increasingly embracing apartment living as a means of securing a home closer to the city centre. Or are apartments just all that’s being built in some locations and are taken up because they are the only option on offer?
     
    Swelling population growth in Australia has produced a higher number of people living in apartments, growing from 1.33 million in 2011, to 1.39 million in 2016. But the actual overall proportion of apartment dwellers versus those in other dwelling types has proven to have not only stalled, but is actually shrinking.
     

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  • Surge in supply of Medium Density Housing shows up in Census.

    August 15, 2017

    Analysis of the recently released 2016 Census, by property and data researchers CoreLogic, has identified a spike in denser housing stocks between 2011 and 2016, revealing a growing demand for medium density housing in particular.
     
    Because of the streetscape impact it’s often assumed high density units and apartments are the leading growth type in urban dwelling development. But the Census confirms it’s medium density housing that has surged more. 

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  • Townhouse sales hit a bullseye in Melbourne.

    July 07, 2017

    Buyers wasted no time at the release of 23 new townhouses in Point Cook on May 13, producing a sell out within 48 hours. Of the 23 townhouses released for sale on the Saturday, 22 were sold that day and the only remaining property was snapped up on Sunday. Sales tallied $11.5 Million for the weekend.
     
    The release, ‘Collection 1’ at the CIRQ Point Cook project, delivered by the new Development Victoria group, is the first allocation out of a total of 104 new homes planned for the townhouse development.  

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  • Prices shoot up for Melbourne house lots.

    June 06, 2017

    Entry level home buyers in Melbourne are facing another hurdle with a sudden spike of steep rises in lot values. It’s threatening Melbourne’s position as Australia’s most affordable capital city housing market and adding to first-home buyers affordability problems.  

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  • The key to unlocking medium density housing supply in Melbourne.

    May 15, 2017

    Each week over 1,500 newcomers arrive in Melbourne wanting their own piece of the renowned ‘livable’ city. No wonder the pieces are becoming harder to get!
     
    Research tells us half all recent employment growth is within 10 kilometres of the CBD. But half the new population growth lives much further out - more than 20 kilometres. And this is cementing a divide in Melbourne’s quality of life. 

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  • New planning blueprint calls for more development in Melbourne’s Middle Ring suburbs.

    April 03, 2017

    Changes to planning regulations means Melbourne’s prized middle ring suburbs will have to accept more development. The Andrew’s Government announcement on March 11 heralded radical changes for some neighbourhoods.

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  • How the Government’s new housing affordability plan will affect developers.

    March 08, 2017

    On March 5 2017 the Victorian Government announced its new initiative ‘Homes for Victorians’. The measures are designed primarily to boost affordability for first home buyers. This article spotlights the main points from a developers’ point of view. 

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  • Whats driving the demand for Melbourne townhouse development?

    January 10, 2017

    ​Across 2016 we saw the increasing popularity of townhouses develop into a full-on trend. The ramp in demand has been growing over several years because townhouses sit in a unique position between the traditional house and garden dwelling and apartment living. And it’s a position that’s becoming increasingly popular.
     

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  • Why so many developers are rushing to the north.

    November 16, 2016

    ​Lack of available development land plus tougher rules for permits in the south east of Melbourne is generating a push to prime sites in the north. There has been a spike in buyer demand for boutique type projects in suburbs north of the CBD such as Coburg, Preston and Thornbury.

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  • What You Need To Know About The Apartment Boom.

    October 19, 2016

    As the growth in the number of apartments expected to be completed along the eastern seaboard continues to increase and the talk of oversupply continues, what wider effects are being felt within the industry?

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  • Overseas Investors Turn To Private Lenders For Finance

    September 12, 2016

    With lending regulations tightening, overseas investors are searching for more options to fund their development projects.

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  • Why Off Market property buyers often get the best buys.

    August 10, 2016

    Profitable developments rely on very good planning and start by buying well. And we mean very well. One of the strategies for securing a buy at a good price is going off market.
     

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  • Negative Gearing - Why It Works

    July 26, 2016

    Negative gearing has become a highly publicised political issue but the reasons for keeping continue to add up.

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  • Proposed changes to Monash planning scheme

    April 21, 2016

    City of Monash is proposing important changes to planning rules, which may effect your development.
    This article outlines the initial proposed changes, including council’s modified position after community feedback.
     

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  • What you need to know about foreign investment regulations for residential real estate

    February 22, 2016

    If you are a temporary resident or a foreign non-resident in Australia intending to buy an established residential dwelling, there are many opportunities for development, but there are regulations that apply which you will need to understand clearly before entering the market.

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  • Early stage development tips that save your build time and money

    December 08, 2015

    Building projects are full of surprises, find out how having the right bulder involved from the earlier stages of design and planning can help you avoid many of the pitfalls.

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  • How the new changes to property investment lending will affect you

    August 27, 2015

    Saw can assist you in understanding the pros and cons of the new changes or by directing you to other avenues of investment lending. If you’d like to know more then contact us today.

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  • Planning levy and your next building project

    August 05, 2015

    By 2050 Melbourne will be Australia’s biggest city and the Metropolitan Planning Authority is planning ahead to meet the challenges this rapid growth will bring. A new Levy for developers has been introduced to help fund the kind of planning the metropolis will need. The key facts you need to know about the new Levy are listed here. 

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  • Investment strategy helping your kids get into the property market

    July 11, 2015

    Getting a start on that first property is tough for first home buyers but there are some great strategies available that are keeping the dream alive.
     

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  • Stamp Duty cuts brought forward - helping first home buyers into the market

    August 06, 2014

    The Victorian State Government’s first stage reduction of Stamp Duty added to the First Home Buyers Grant it’s a sensational opportunity to speed up home ownership.

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  • Why Chinese investment is booming in Melbourne - and what you need to know

    June 27, 2014

    Property prices in Melbourne and other major Australian cities are booming with Sydney’s median house price having just leapt to $824,000 and Melbourne’s to $697,000. The rises are outstripping many Australians’ ability to buy, but not so for Chinese investors.

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  • What slump? say property investors

    March 28, 2014

    Australian Tax Office records show one in seven taxpayers (14%) now own an investment property and one in 10 of those are negatively geared. Read more on the role investors are playing in a resurgent property market.

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