E149 – New Glenorchy Play Spaces & a Helpful New Build Calculator

4one4 Property Co | New Play Spaces and New Build Calculator
Episode:E149
Show Title:New Glenorchy Play Spaces & a Helpful New Build Calculator
Cast:Aaron Horne & Patrick Berry
Show Length:24 minutes 16 seconds

This week, Aaron and Pat fly solo in the studio and discuss the New Play Spaces installed by the Glenorchy City Council and how they are reshaping the community and bringing joy to plenty of families.

They then cover off on a Building Materials Calculator that came across Pat’s Desk that could be very handy for anyone wondering how much they may need to budget to build their dream home.

EPISODE TRANSCRIPT

Aaron

I think 80% of the parks in the Glenorchy area are over 20 years old, so they haven’t had an upgrade in 20 years. So as a father of two young boys who have the energy to burn, I have been loving the new parks and the new set-up.

[intro music]

Aaron

All right, guys, welcome back to The Property Pod, your weekly engagement in real estate here in the Hobart marketplace. I’m your host, Aaron Horne, and it is a lean and mean team today. It’s just me and the superstar of property, Patrick Berry, joined in at the studio. Welcome, mate!

Patrick

Thank you very much for having me! We’ve trimmed down the fat and we’ve just got the serious people here today.

Aaron

And tell me about it is where all the big guns come to play. I’ve actually even got two cameras on you just because I know that you have got all the facts to bring. So I look at it, I need anyone else to fill in the gaps. It’s just me and you. How you doing?

Patrick

Good, mate. Of a little bit shocked to find out. It’s only the two of us today. But, you know, John’s got important REIT business to attend to today, so he wasn’t able to get here on the mic.

Aaron

He showed us out the message saying that he’s got like this what’s the event.

Patrick

It’s a principles forum that he’s hosting. It’s like a one-day conference for business owners in real estate. They’re going to go along and listen how to be better business owners. 

Aaron

And, you know, not hitting along?

Patrick

Apparently not.

Aaron

You got big, important things to do, like the podcast.

Patrick

Like the podcast! Which I committed to weekly.

Aaron

Exactly.

Patrick

I can’t help it that he scheduled it on the same day.

Aaron

I only found out yesterday that Kevin Shady’s going well. I like Idol as a kid. Growing up, I used to swing the jacket around my head thinking I was how we beat West Coast that day.

Patrick

By the way, thanks very much.

Aaron

But yeah, no. So he’s there doing his presidential duties and warming up the crowd. So, yeah, no pressure.

Patrick

No pressure for John. But he’s a natural at it. So I’m sure he will have the media out of the palm of his hand.

Aaron

Yeah. And then afterwards we can find out all the things before I would have to worry about the… 

Patrick

Exactly.

Aaron

Also, just a shout-out as we go into this week. It’s been a huge week in birthdays. It’s been obviously yourself having a week. Do we have an argument about your age? Earlier in the week?

Patrick

It wasn’t an argument. We just didn’t know how old I was.

Aaron

You didn’t know how old you were? I didn’t know how old I was. And I was like, how.

Patrick

Am I settled on 37?

Aaron

Notice I think that’s what it is. I think I’m turning 36. You’re 37 when I’m an astronaut, man, and he was kind of having a moment about it. So ultimately we got there. But just I just want to put it out there, birthday-wise, this week is insane. My aunt was the same day as you. My brother is today.

Aaron

Paige from Bendigo, our infamous fan who came and joined us on the Christmas episode last week. I want to talk about the kind of a back here. She’s 30 today. Sarah is heading over to Bendigo to visit her on a surprise trip. Oh, so.

Patrick

This comes out Friday.

Aaron

Which comes out Friday. Sarah gets there Friday morning. So if she wants to listen to it–

Patrick

–early enough… 

Aaron

Early enough, I could blow the house of bras right now. So surprise. But yeah, she said.

Patrick

Sarah is going.

Aaron

To be pissed. Imagine if all of this planning and I blew it from the podcast. Bassie’s mum is turning a big number having an event birthday on Sunday. Sarah is on Monday. I’m all worn out of birthdays. So, let it be known I’ve been eating heaps of cake. But despite all the things going on in life, real estate is still going on around us.

Aaron

One thing that we’ve been covering off here on our local blog was the development of a bunch of playgrounds and things that are coming up in a Glenorchy municipality.

Patrick

Yeah, Glenorchy has been going heavy on the playground upgrades at the moment, so it’s good to see like–.

Aaron

As a father of two young boys who have the energy to burn, I have been loving the new parks and the new set-up. So when we were going on writing them and deciding what we like life and the best was I took Jack well to them both along with Jack as I was taking photos of the park for the blog.

Aaron

So what you doing? Daddy and I sat down to take some photos and put them on the internet. May take some time. Yeah, but he of course, I. I’ve got this little junior photographer out taking these favourite parts of the park, so we learnt what bits he likes. But what I really like is building that sense of community around Glenorchy.

Aaron

The day that the one to Cairnduff Reserve. So just off Brent Street, the day that one was officially opened.

Patrick

It was nuts.

Aaron

It was crazy. There aren’t any issues. There are no parking spots. People were parking up on the nature strip. There were cars everywhere. There was such atmosphere going around this new park.

Patrick

I keep in mind this park has been here as long as I can remember and I’ve never seen a soul at it.

Aaron

So yeah. So this is a really interesting thing. When we were locked into the parks, I got Nino to kind of do some research a bunch. I think 80% of the parks in the Glenorchy area are over 20 years old, so they haven’t had an upgrade in 20 years. And once you start seeing new ones pop up, it shows how much like they’ve aged and died in and how crappy.

Aaron

Yeah. When you just like, oh, they definitely might have new materials now that definitely kind of consider like the new one a can of has wheelchair accessible kind of spinner. And the thing that was you think about a bunch of these other factors so you’re saying how they’ve developed all these spaces and it’s only going to get better across the north, you saw, I think, the new council.

Aaron

Yes, that’s what I wanted.

Patrick

To get to. I want to head to. Benjafield Field Park Hill play space in Moonah is getting an upgrade and the council actually allowing you to have your say. There’s actually two different designs that you can vote for at the moment so the council can make a decision on which way they’re going to go. So one is what looks like an amazing rocketship.

Patrick

We have two slides and a flying fox and everything you can think of. And the other one’s more like, I don’t know. I describe it like a treehouse jungle vase.

Aaron

I know. It’s so funny you asked me yesterday, so which one you like better? And I said, Oh man, rocketship for sure. But then as we delved into the tree house one, I was like, Oh, hang on a sec. Maybe my mind is changing.

Patrick

The treehouse just look bigger.

Aaron

And it’s funny. See, I thought.

Patrick

That as well.

Aaron

I thought the rocket ship looked bigger for me. I was just like, Yeah, Rocketship zooming up into the space has got this. It’s funny though, we’re obviously thinking from different sides of the fence with the age of our kids. Like your kids might be way more interested in some of the older things. Whereas my son, when we got to the new park, there was no swing.

Aaron

There was this new giant rope, things like that. Always the swing was like, Oh man, that thing swings. Basically. It was kind of like, Nah, let’s go into the other new park. But being able to have the option for another new park is awesome. So just for real estate purposes, just so that we can kind of say that this is something worth talking about on the on the property pod is that sense of community and and bringing young families into an area.

Aaron

So obviously Glenrock has already got a large young family across the demographic, but got to be good to have new parks.

Patrick

No, definitely. And especially this mining moonshot like it’s in a really central location of Moonah. It’s right next door to the moon, a sports stadium. It’s like a block and a half off the main drag where all the coffee shops and everything. Yeah, our favourite torus about.

Aaron

Oh, well, he’s the one down the corner.

Patrick

Like for those local businesses as well. They can pick up work from people saying, let’s grab a coffee, we’ll go up to the park.

Aaron

Oh, well, and you have.

Patrick

Lunch at Banjo’s in Main Road Moonah, and then we can walk up the park and eat it. They’re like, That’s the cool part that Parks bring with families, I think.

Aaron

Well, yeah, like we said, like it was absolutely gangbusters the other day at the brand new one on the day it opened. It’s still getting a lot of traffic across as we’re going through. So yeah, it’s building this sense of like, I live in a safe place. This is where I kind of want to let my kids grow up.

Aaron

And the crazy thing is we’re talking about how all the other ones where they were the same ones we were playing on when we were growing up there. I remember jumping off that top of that monkey bars or I remember Luke Man doing this or that.

Patrick

And then like I have to think about that giant one down at Kingston that they’ve put into the bottom half of the old high school. Yeah. And all of the new accommodation in our building around that. So they’ve got all these townhouses going in.

Aaron

Yeah. They look really nice.

Patrick

So you’ve got all of a sudden these really built up sort of high density areas where there’s going to be a lot of people living, plus the outdoor recreational space as well to be able to, I guess, enjoy that denser living but still have a space to go and enjoy like a backyard.

Aaron

Yeah, exactly. Like I don’t have the backyard because I’m living in kind of a townhouse. But this way we can still see the kids cross.

Patrick

Exactly. In Glenorchy at the moment is going through the main road corridor and looking at allowing residential properties up to two stories head all through main road. Glenorchy providing there’s a commercial building on the bottom.

Aaron

Yeah, we spoke about this once, once before.

Patrick

You know, if you’re going to have a high density living, we’ve not as much backyard opportunity. You’ve got to have really good playgrounds and recreational spaces for people to go enjoy the weekend so that they can, you know, feel like they have a space to unwind.

Aaron

Well, speaking of kind of the the medium density high density kind of areas just behind the four and four offices, your old man’s building, some units there, which I think eventually you guys are going to move into while your house is being do. Yeah, yeah. Oh, is that hush hush.

Patrick

Oh well I don’t want my fans looking on.

Aaron

Oh, you’re coming to knock on the door.

Patrick

Oh my God. Stay in Bendigo. You can’t come downstairs.

Aaron

But yeah, I guess the option with that land could have been like our dwelling was there. It was pretty old. School got knocked down. It could have been like, Oh yeah, let’s build just another house. But what you’ve done is created a space with more opportunities for more people to.

Patrick

Yeah, it’s not even rent. We’ve got three, three bedroom townhouses going in, but unfortunately as a result they don’t have backyard. Their open space is a large deck on the front. Yeah. Which gets really good sun. So you can sit out there and relax, have a cup of tea.

Aaron

Well, speaking of Subway, look directly at them every day while we’re working and the sun is bouncing off the weatherboard.

Patrick

The way the words.

Aaron

Strike.

Patrick

It. Sunglasses in my office desk now. But you know, that’s a great example of where people do want to be able to walk out the front door, be able to walk to a.

Aaron

Park or a place by here.

Patrick

Or, you know, you have the bike track, which is great. So you know, you can jump on your bike and go for a ride. You’ve got to have these different opportunities in the community to be able to get out and do things. You’re just stuck in a concrete jungle. Well, these three units effectively.

Aaron

Well, yeah, they are. But as you say, you’re like you’re literally on the main road. Like it’s it’s 40 steps to the main road, which is then got you to your shopping centres and then place spaces like the Glenorchy pool. Everything is in walking distance of this thing. So that kind of idea of needing a car to get from A to B is kind of removed.

Aaron

Yeah. So and it’s that, that space of creating more spaces for people to go. This is where I wanted to pivot from here. So this building idea is, you know.

Patrick

If you’re talking about parks and playgrounds.

Aaron

Well, I wanted one thing I want to know about parks is like how much do they cost to build and put them together? But then that got me onto this idea of building materials. And you’re looking to build in the future, you’ll see, Oh man has been building these places with the help of build homes, etc..

Patrick

How expensive?

Aaron

How expensive is it? And this is kind of where I wanted to get into kind of cost of building. Yeah. Currently and how you can find that out as a person.

Patrick

Definitely. So obviously there’s a few subdivisions around and people love the idea of building a home. And we’ve in the past spoken about how, you know, engaging a builder to help you design the plans and you hire them to.

Aaron

Build the property.

Patrick

Yeah, I guess the real question is how do you know if you’re getting a good deal?

Aaron

Yeah, exactly.

Patrick

So when we talk building, we talk per square metre, right. So effectively what that means is if you’ve got a 100 square metre house that you’re planning shows. Yeah. How much per square metre is it going to cost. So it’s a number that normally is calculated and it might be $1,000 per square metre. So a hundred square metre house is going to be $100,000 to build.

Aaron

Of course, but it can fluctuate kind of.

Patrick

Definitely. This all depends on finish slant of the block if it’s level or if it’s on a hill. Yeah. The soil test that comes back like there’s a heap of variables that will determine that square metre. Right. But I guess for the average person thinking about buying a block of land, it’s probably good to have a rough idea of what it might be.

Aaron

At least you at least want a ballpark to be like, Oh, well, let’s buy this block. Let’s build this thing. Like it’s going to cost us 60 grand to build a house and then you’re so far off the number.

Patrick

So I think there’s a couple of important things to decide. If you are going down that path of your choosing to build a build your own home. Yep. Is probably first start by attending open homes of pre-built homes. It doesn’t matter if they’re ten years old or brand new. Yeah. What you should be attending is going to figure out how big a home you think you need for your lifestyle.

Patrick

Okay. Like, you know, four bedrooms, three bedrooms, two bedrooms for your family. Do you need a rumpus room or do you need a big garage? Like one of the features that a must haves in the house. Yep. And go look at some open homes that are like that to see, you know, would that space work for you and your family then roughly once you figure it out, you know, do I need 100 square feet in a house or do I need a 400 square metre house?

Patrick

You know, that’s going.

Aaron

To change the price change drastically. Yeah.

Patrick

So then once you’ve sort of figured out and look, it’ll change like you might think, Oh, I’m only like Abby and I are going through this process at the moment. Yeah. And we said, rightio, we don’t want to build anything bigger than about two 8300 square metres. Ours is blowing out to about three 5360 I think. So it’s a lot larger than what we had anticipated.

Patrick

Yeah. But when we started working with our designer and our draughtsman, a few things got changed and then the size had to change to make the layout work the way we wanted to work. So some of our rooms ended up a bit bigger than what we actually need them to be sure that it was the only way to make the jigsaw puzzle of the house come together.

Aaron

Oh yeah, I can only imagine.

Patrick

So I can only sort of start by just getting you to understand that everything’s changeable and it’s only working at a ballpark to see, you know, even if you’re in the realm of choosing to build a property.

Aaron

Yeah. And look, it’s one of those things where I’m I’m so far uneducated on that side of things as well. Like it’s like, oh, I’d love to think like build my own home. Like, Yeah, this would be great. This is how much it would cost.

Patrick

So the view here is we actually got a a little.

Aaron

Less, a little collateral came in the newspaper. You know.

Patrick

If you looking on the visual side in court today from our friends at BMT tax depreciation they send us this little newsletter out which tax.

Aaron

Depreciation is one of our favourite things to talk about on that.

Patrick

Unfortunately, John’s on it, so we’ll leave that for when John’s here to enjoy because he really like to dive into that.

Aaron

Actually, I will take that back. All that from Joy Tax. When we spoke to him, really entertaining was the insurance guy. We didn’t like.

Patrick

Our insurance guy. You’re listening. Pick up you guys.

Aaron

Yeah.

Patrick

They say, like, they’ve put together a really interesting little document. I guess they look at every state across Australia and give you a idea of what it might cost per square metre. So to give you an example, you’ve got a three bedroom brick veneer home project, home on a level block, single level is the design and then it says shelf design.

Patrick

So for those that don’t know, a shelf design is when you walk into Wilson Homes and one of those properties and you say, I like that house there, I’ll have that. I’ll have that on this block.

Aaron

BLOCK of land. Yeah. Official.

Patrick

And so it doesn’t always necessarily take into account where windows and where the sun is facing things like that. They don’t build the rooms around having natural light hitting certain areas.

Aaron

Yeah, it’s just literally.

Patrick

Cheaper is because Wilson Homes built this design all the time. They know exactly what it’s going to cost to build so they’re able to, you know, cheapen it up. And yeah.

Aaron

You can mass produce a product that I know is really good and it hits all the marks.

Patrick

Engineers know how to build it, so they therefore don’t spend this on building it because they’re not trying to solve problems.

Aaron

Yeah, totally makes sense.

Patrick

So he then goes into saying the level of finish like a low level. So that would be, you know, entry level investor type rain. Yeah.

Aaron

You’re not looking to have.

Patrick

A, you know, a family that’s buying their first home or, you know, getting.

Aaron

Into the bond of the finish to be a little bit better with a few little kind of nicer taps and nicer exact settings. Yeah.

Patrick

But then you might go to a high end finish, which might be a better quality. Stoves and cooktops and appliances in the property. It might be ducted heating versus just a heat pump on the show. Yeah. So that’s what they mean when they talk about low, medium or high. But this document sort of outlines, you know, $2,407 for a low sit out per square, made 2500 for medium 3200 for a higher fit out on a home that is three bedroom level.

Aaron

Yeah, for sure.

Patrick

Single show, single design. So.

Aaron

So just human being here, the cost of building up higher is more expensive. Is more expensive. So the idea of the ones that are being built at the back might cost you a bit more, but you can maybe fit more onto the block because you’re doing it that way.

Patrick

One of the main reasons why a double storey home is more expensive than a single storey home is scaffolding. Social scaffolding is an expense that can be on site for ages, and you rent that out at a certain rate. So scaffolding can be a more expensive aspect. Once you go to double storey, you have to start enforcing the floor with extra steel.

Patrick

The foundations have to be stronger. So there’s not only is me more steel in the concrete when they do the footings. Yep. So there’s different things like that that add to the cost of building a two story home versus a single storey home.

Aaron

Totally makes sense. It is one thing I had in graduate sign, I was like, Oh, of course that’s kind of a.

Patrick

So the interesting thing about this is they talk about four bedroom, three bedroom, architecturally designed homes. They’re going to unit cost versus townhouse cost versus how homes. And so they’ve actually got a website which is BMT US dot com dot EU forward slash cost desk. Now I’ll get out and put them.

Aaron

Out in the show notes. Yeah, that was a mouthful. And I was.

Patrick

Like, shit, this is.

Aaron

Why am I doing this?

Patrick

But it’s really cool. You can basically go in there, select the type of finish you are expecting your home to be, and then putting the size of what you think the home is going to be in order to spit out the cost of what it should cost to build. Yeah, now that’s not set in stone, but it means if you’re then talking to one of the building companies here in Hobart, getting quotes from them and say their $50,000 difference to what this calculator.

Aaron

Yeah for sure.

Patrick

It might be a red flag to ask a few more questions as to why is this dearer? It’s probably a logical reason for it, but it’s good to head out.

Aaron

It’s good to have that. AS Yeah, yeah. And like, I know you kind of were looking at the thing and said, you al-Mansour know your stuff, but you’ve said to your man who’s built plenty of places across the journey, across years and years, you’re like, How accurate do you think this is? And he’s kind of had to fiddle with it.

Aaron

And he said, Yeah, it’s pretty, pretty bang on.

Patrick

Yeah. And the reason I think this is worthwhile playing with before you even get to a building stage is just to make sure that you’re comfortable. We’ve bought a new home costs versus buying something established. Yeah. So a right back. We haven’t even bought a block land yet but.

Aaron

You’re in the planning phases were.

Patrick

Like, geez, I’d love to build my own home. I want.

Aaron

To. It’s always been my dream. Yep.

Patrick

You know, this is a great tool for you to be able to just figure out a rough cost and then you can say, rightio, including the land. I’m going to be up to this. So is that the best choice or are there options of finished homes that are maybe five or six years old that you can get into quicker?

Patrick

You don’t have the stress of building, but maybe they fit 85, 95% of the appraisal.

Aaron

Yeah. 100%. Yeah.

Patrick

So not saying that you shouldn’t look into building, I’m just saying that this is a great tool to help you better understand if it’s something that you can, you can do or not.

Aaron

Yeah, yeah. No, look, it’s really cool. It’s one of those things where it rises on your desk. It’s a bit of collateral that kind of is could literally be landed into the filing cabinet in the need to the building. Exactly. Oh, that’s. I was going to say I could quite easily slot into there, look back.

Patrick

At a lie. I get a brochure that says tax depreciation is something that I’m ready to and to be honest.

Aaron

If I die, look, it’s cool. It’s it’s something that we’ve looked into. We didn’t really plan on talking about it too much, but you had it on your desk. I said travelling. Talk about that in the podcast. So yeah, it’s just as interesting as playgrounds. So yeah, you brought tax depreciation calculators. I brought playgrounds to the table.

Patrick

But in the notes as well. We should also put the link to vote for the Benjamin Park playground as well.

Aaron

Yeah, definitely. So, yeah.

Patrick

Something of interest to you. You do want to vote on it? Yeah. There is a link to glenorchy City Council where you can have your say.

Aaron

There’s a survey there and yeah, I think close on the 31st of March. So you still probably got a week or so to knock that one over if you do want to have your say. Definitely worthwhile. If you are a resident of Glenorchy and you’d like to and.

Patrick

If you’re not, you just want to, you know, sway at a different.

Aaron

Oh what you want a stitch up clean off your Kingston first? You know, I don’t want to beat a popular assessment. All right.

Patrick

Here we go. Boy, you don’t have a jungle playground instead of rocket.

Aaron

Let’s not talk Bayfield logs. Let’s keep it. Let’s keep it all cosy across the state. Acer is coming up. Our boy, our Amari last. Have some fun. So just sending it out. There’s a little bit of collateral for him. His Easter competition is now live. It’s a house. He’s got some eggs hidden in there. You got to try and find the eggs coloured in a few prises across the journey.

Aaron

So we’ll add that into the Shownotes just showing it up here, it’s actually a pretty fun little drawing. I’m pretty proud of putting this one together.

Patrick

So does this to promote our know the fact.

Aaron

That I’m just promoting that I made something pretty cool. Yeah. I send it to Ninja and queen. Yes. I said tell me how good my work is that normally like to pop up my dollars but be.

Patrick

Too scared to say anything.

Aaron

But I know they said I’m going to give it ninja. I said I’ll give it to my sister and she’ll colour it in. I said we’ll try and get her the the Philippines prise so oh good. I have a mention as well if you would have been looking at it the whole show about wearing the brand new one for beanies for 2023 season we’re excited about.

Aaron

So yeah it’s.

Patrick

A bucket load happening here at 414 at the moment, there is no way we could keep talking. We have the maintenance man that’s joined us as of yet.

Aaron

Exactly.

Patrick

Mark I with the pin that man, we nearly got through the whole episode. We did.

Aaron

So well. We could have been live.

Patrick

We’ve actually got a mate ready. We’ve also got a maintenance man that started this week. So we’re pivoting into helping run our own maintenance department. Yeah, in conjunction with the gardening, which is.

Aaron

Also really good to know with the cost of things.

Patrick

So the building site where we’ve got a lot of sort of things happening at the moment, really excited of what we’re going to be bringing to the table over the next couple of months.

Aaron

Yeah, well, even just I went on my first property tour. I think I scared some of the agents out, like what we got on someone else to compete with. I went along and just to say the excitement on the team of the sales team, kind of with a bunch of the properties that are coming through the market, feels like you’re getting you had a multiple offers on two properties this week.

Patrick

Yeah. And I’m getting three on one today. So there’s definitely seems to be a bit of buzz around. Yeah, a lot of people will try and tell you that the market’s crashing and that you should drop your price. Yeah. I think if it is priced correctly to begin with then there is ample enquiries. Yeah. One that I’m getting three offers on today has had 36 offers since Friday.

Aaron

So 36 offers.

Patrick

Aaron

You must have some good marketing material for that stuff.

Patrick

Tell me about.

Aaron

It. Nice to have it. Absolutely. Protein behind you.

Patrick

The photos are pretty good, but I think the story that I’ve sold with it, where I’ve written the text, that’s what really hooks you.

Aaron

You’ve written the text. Interesting. Next week on the show talking I and the way it is affecting real estate. Thank you for being here, Pat. I’m sure one of these weeks we’ll be able to get John back in this studio. It’s like it’s been three one. I think it’s been quite some time. He’s forgotten what it’s all about, but we do miss the guy.

Aaron

John, please come back and talk to us. You know we miss you. Have fun at the event today. Let Kevin Sheedy know that the Bombers rock and happy 30th birthday page from Bendigo. We hope we didn’t spoil the surprise. See you! Bye!

[extro & disclaimer]