Projects & News

We are thankful to our valuable clients for their trust and support to award their projects. Despite of tough time in Building Industry 2017-18 of Western Australia, we are lucky to be awarded the following projects. Thanks Once Again.

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ANZ BUILDERS WA has been engaged in building a single storey house in Beckanham. It has 3 bed rooms and 2 bathrooms and in built area is 150 sq m. The master bed room has attached bathroom/toilet with walking robe and rest of two bed rooms has in built wardrobe.

APRA SCRAPS PROPERTY INVESTOR LENDING RESTRICTIONS
Apr 27, 2018

The Australian Prudential Regulation Authority (APRA) chairman Wayne Byres has announced that it will remove a major restriction on investment lending. The 10 percent limit on the bank investment lending portfolio will be scrapped which was established in 2014.

The limit of investor lending growth to no more than 10 percent was imposed in 2014 in order to cool the Sydney and Melbourne housing markets.

The investor lending restriction preceded a cap on interest-only lending, with the two measures aimed at strengthening major bank balance sheets and restricting the flow of speculative money into the property market.

This measure caused banks to increase investor interest rate and demanding a bigger deposit. Due to those regulations, investment lending across the country has taken a major step backward which improved the competitiveness of first home buyer market.

What does it mean for you? The winners will be property investors, who could benefit from a lowering of interest rates on investment loans. More than 20 lenders had already cut their investment interest rate for principle and interest payment in 2018. For first home buyer, there will be an increase in demand for properties which will drive up the price.

Source: news.com.au and domain.com.au

Good news to share that we have awarded Building Permit of 2 Single Storey Residential House of Inbuilt area about 316 SQ M having 4 Bed rooms, 2 Bathrooms, Entertainment Room with Double Garage.

ANZ BUILDERS WA also assist Developers into Sub Divide their Existing LOT and Build different UNITS.

The PROCESS is as Follows.

DEVELOPMENT PROCESS

STEP 1 Free Development Consultation

• Request a Free Development Consultation to receive a detailed development potential report for your property or for a block you are looking to purchase.

STEP 2 Detailed Consultation & Project Organisation

• Obligation free meeting & consultation
• Discuss site particulars and your goals / objectives
• Identify what information may be required to complete your feasibility
• Discuss potential costs / timing / development options for the project

STEP 3 Project Feasibility

• Complete drawings and development plans
• Complete a full project cost quotation
• Identify and detail project timeline
• Provide end value estimation on the project
• Obtain finance assistance

STEP 4 Project Commencements

• Complete all internal administration aspects
• Obtain all required government and utility approvals
• Obtain subdivision approvals (if required)
• Complete Colour and Material selections
• Finalise Contracts and Development Agreements
• Complete any required site preparation
• Preparation of any Marketing and Sales Material (if required)

STEP 5 Construction & Project Management

• Building and site works start on site
• All aspects constructed as per contracts and agreements
• In addition to our highly experienced construction division who are now fully involved, our expert development team is still involved throughout the construction process to oversee and facilitate any subdivision works and address any queries that may arise throughout the process.

STEP 6 Final Handover

• Take possession of your brand new property development and complete your goal – rent out or sell!

I love reading about real estate market update and I have been through a report Forecasting Dwellings Commenced in Year 2017-2018 published by Housing Industry Forecasting Group this morning.

I was quite shocked after reading that there will be pollution growth of 1% in year 2017-18 and 1.5% in year 2019-20 as well as interstate migration will fall by 11760 while overseas migration will increase by 12,476 over the year.

The data showed us there will be slight increment in confidence level in market. So, I will advise to First Home Owner/Real Estate Investors to purchase ASAP to get great price.