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Hoskins St, Franklin

By johnboy 9 November 2008 59

In a recent discussion on Canberra real estate “Affordable” suggested driving down Hoskins Street in Franklin:

    if you want to see how the market is going, drive down Hoskins street Franklin, looks like the sub prime streets you see in America, every house is for sale.

So this afternoon I did just that.

The number of for sale signs are certainly striking, but is this unusual in a new development?

And does anyone else find themselves humming the theme song from “Weeds” while out in these dusty windswept developments?

Slideshow below.

What’s Your opinion?


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Hoskins St, Franklin
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tylersmayhem 8:23 am 11 Nov 08

I truly believe that when you hear that the government are releasing land and the Master Builders Association welcomes the move – you can be sure there are plenty of builders out there rubbing their bellies and rubbing their hands together, with no REAL interest on whether the housing ends up “affordable” or not. As long as their pockets are lined and the house get sold, they really don’t give a s**t.

hax 10:27 pm 10 Nov 08

ant said :

hax, (2 post nutbag), why has the gov’t got such a crazy policy? This serves to block lower income people out of the market: whereas before, they could get a basic house, maybe just conrete floors, no garage etc, and add those improvements when they could afford it. It’s crazy that people have to borrow up to the hilt, and one small problem can drive them bankrupt, plus think of all the extra interest they’re paying on that giant loan over such a long period.

It beggars belief, why have they done this?

It’s more a case of the left arm doesn’t know what the right is doing – it all gets put together, and the sum works out to be a pretty poor outcome. (the “affordable housing strategy” is just one of many parts that go into the mix, from yet another govt department).

Many of the rules by themselves are good, but with so many it all adds up, and half the conditions counteract others. (eg. houses jammed together on narrow blocks, with mandatory sunlight exposure requirements to fulfill, open space, mandatory garage that must be behind the front of the house so it “looks prettier” etc..). Too many things to mention.

On top of everything the ACT govt relies heavily on land revenue, so they’re not cutting anyone a break – while you’re the one who has to pay a lot more to meet the standards they set for the house. I’ve been told it’s harder to meet these requirements (such as energy efficient design) on smaller blocks because they’re so restrictive in freedom of design (without spending more money to compensate).

2604 9:33 pm 10 Nov 08

I don’t understand the negativity about the design of these houses. I’ll bet that Antill St in Downer, Carroll St in Hughes, and any other duplex-lined street looked exactly the same when they were established 40 years ago. Tiny blocks, as well. As for the dust and wind, sounds like a typical building site to me.

Also, all the Gungahlin bashers need to get some new material. Live & let live, I say.

astrojax 3:49 pm 10 Nov 08

hey llamafrog @9… i’ve seen those houses – the ones that inspired that ditty!

on a dusty hill outside san francisco, still ugly, still little boxes. didn’t look in to see if ticky-tacky filled them to this day but… a dusty hill, like out gunghalin way…

tylersmayhem 3:37 pm 10 Nov 08

I wish Allhomes had a calculator thing on the side set for 20-year loans:

For now Ant, just use a standard mortgage calculator on most bank websites such as the St. George one. Type in your details, and you’ll be set.

As for the frustrations of breaking into the market, just sit tight, you’ll see house prices starting to slip further in the near future. Bad for investors, (finally) great for first home buyers to get a break for a change. Hold strong, refuse to pay high prices for substandard properties. If enough of you do it, you’ll slow the market. This happened when we bought our first home in August. Property slowed (albeit for a short period) and we snapped up a property that would usually be beyond reach.

Just stick to your guns first home buyers. Also keep in mind that there are plenty of Greyheads in this town. Many of which may (a) downsize (b) retire to the warmer climes or (c) sadly pass on. In our case, the previous owners were newly retired and keen to move closer to the rest of their family. They were committed on their end, needed a sale – the market slowed, we benefitted.

Good luck with your search – I know the frustration and annoyance well.

Jim Jones 3:11 pm 10 Nov 08

Yep. The new places always seem dodgy until they get settled in, the trees have a chance to grow, and people have an opportunity to get used to it.

I remember when Scullin was the end of the earth, and then when Tuggeranong was the butt of many a ‘white trash’ joke, and so on to Gonga Lyn and the rest.

Woden has always been a sh1thole though 😉

Holden Caulfield 1:58 pm 10 Nov 08

Die Lefty Scum said :

Thank god some genious town planner came up with the idea of Gungahlin. Otherwise the whordes of soul-less white trash might still be permeating the nice suburbs.

It’s called character: it can’t be bought, it can’t be manufactured and Gungahlin has none of it.

OK clearly I’m no “genius” myself with spelling like that, but hopefully you get my point.

Just as with any town centre in Canberra, there are some very nice parts and some pretty dodgy parts. If you take off the dodgy glasses, Gungahlin is hardly any worse, or better, than anywhere else in town. It’s just newer, so its an easier target.

ant 1:58 pm 10 Nov 08

hax, (2 post nutbag), why has the gov’t got such a crazy policy? This serves to block lower income people out of the market: whereas before, they could get a basic house, maybe just conrete floors, no garage etc, and add those improvements when they could afford it. It’s crazy that people have to borrow up to the hilt, and one small problem can drive them bankrupt, plus think of all the extra interest they’re paying on that giant loan over such a long period.

It beggars belief, why have they done this?

Holden Caulfield 1:54 pm 10 Nov 08

AG Canberra said :

Compare Jerrabombera to Gungahlin. Both built over the same period – but you don’t hear people saying “geez that Jerra is full of hideous houses….” They have generous block sizes and a range of houses.

Really, maybe you’re talking to the wrong people, or everyone is too busy complaining about the single lane road servicing the entire development, oh, and the air traffic noise. :p

Die Lefty Scum 1:53 pm 10 Nov 08

Die Lefty Scum said :

Thank god some genious town planner came up with the idea of Gungahlin. Otherwise the whordes of soul-less white trash might still be permeating the nice suburbs.

It’s called character: it can’t be bought, it can’t be manufactured and Gungahlin has none of it.

OK clearly I’m no “genius” myself with spelling like that, but hopefully you get my point.

ant 1:52 pm 10 Nov 08

Yes Caf, Qbn’s the only market I have a hope of entering, being not a couple with 2 incomes and ineligible for any gov’t handouts, including first home owners money due to mistakenly having my name on a title deed to a house I get nothing from the sale of! No tax deductions (including the ultimate deduction, kids).

I wish Allhomes had a calculator thing on the side set for 20-year loans: it quite a handy little reckoner that tells you your monthly replayments on each property, but it’s based on 30 year loans, and taht ain’t me.

There was a “townhouse” in Qbn a while back, made of Besa Blocks, that was almost in my affordability range. it’s quite depressing to see “first homes” pitched that are luxo-palaces and priced accordingly. What about basic, small, bare-miniumum fitout type places, there has to be others like me who need that kind of place?

audioangel 1:52 pm 10 Nov 08

Its like this in braddon and ainslie too. It shocked me seeing all the for sale signs around.

Die Lefty Scum 1:51 pm 10 Nov 08

Thank god some genious town planner came up with the idea of Gungahlin. Otherwise the whordes of soul-less white trash might still be permeating the nice suburbs.

It’s called character: it can’t be bought, it can’t be manufactured and Gungahlin has none of it.

hax 1:26 pm 10 Nov 08

Blame government restrictions and investors.

Investors want nothing less than 4 bedrooms out of obsession, and first-home buyers just can’t compete with the price investors are willing/able to pay. The price just keeps going up as investors fight amongst themselves with their increasing profits and equity, while first-home buyers struggle with no equity.

Gone are the days of doing what you can now, and e.g. building a garage later when you can. The rules dictate that every house must have a garage, and this, and that, right from the start. Gotta have it all, the rules say so.

Who is going to buy a 600sqm block of land for $250,000+ and build a < 120sqm house on it (to extend later)? You virtually can’t do that anyway, because of the requirements for the home to be close the boundaries. No extending a single garage to double later if you’re up against the fence, thats just 1 example.

Builders seem to build either a) what their clients (investors) want, or b) spec houses similar to what their clients want.. And because of land prices, people who need a reasonable sized home can only afford to do it on smaller block – which is yet another reason why virtually every house built consumes the maximum size, and first-home buyers don’t have access to the smaller “normal” blocks.

caf 1:16 pm 10 Nov 08

ant: House prices these days are really geared towards a couple with two incomes. Having said that, I can definitely tell you where the bargains are – Queanbeyan. About 50k to 100k cheaper, and first home buyers don’t pay stamp duty (a saving in itself of about 15k – 20k).

Granny 12:54 pm 10 Nov 08

Man, lime would have been amazing! I have to say I am disappointed ….

ant 12:36 pm 10 Nov 08

Gungahlin Al said :

Cheers Sepi – we wanted a different colour for one of the fittings, but they stopped making them – transition for the red lounge we’ve ordered!

Noice. I was loitering over that lime lounge at Nick scali’s for weekends on end, but could not pluck up the courage to get it (and ended up with a cream Natuzzi copy from Frisco). It’s good to play with colour a bit.

AG Canberra 12:20 pm 10 Nov 08

Compare Jerrabombera to Gungahlin. Both built over the same period – but you don’t hear people saying “geez that Jerra is full of hideous houses….” They have generous block sizes and a range of houses.

Given they don’t have much meduim density however I still reckon Brinkmeyer did well out of that development…..

Gungahlin Al 11:24 am 10 Nov 08

Cheers Sepi – we wanted a different colour for one of the fittings, but they stopped making them – transition for the red lounge we’ve ordered!

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