Developer land sale sends Aussie dreams into limbo

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Developer land sale sends Aussie dreams into limbo
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A group of Australians have had their dreams snatched away after the land they put deposits down for went up for sale. 9News

But despite their active contract, their land is now being sold after the developers went into receivership.

New mum Molly Bladen purchased her block for $280,000 and she's now worried she's been priced out of the market., and how everything's exploded here, there's like no other options. You'd be lucky to get anything under a million dollars in Torquay right now," she said.Sydney's south west corridor plagued by development controversy

"If someone could orchestrate that and get that in place. That'd be amazing … and even if you paid a slightly premium for it, you'd be happy to do that," father of four Trent said.with his young family to build their forever home on the block of land they purchased five and a half years ago.

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