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Spot on there, Jamie. Hey, the banks don't always get it right (see GFC) but I'm also guessing they're being more conservative along with some banks assuming no subdivision will take place when valuing some properties (depending on their appetite for risk)?

We are looking at a property in Melbourne and have agreed to a price with the vendor (after a fair bit of back and forth). However, finance is an issue. The only concern, which is preventing the sale, is around the valuation on the property we wish to buy, rather than any servicing issues...

Aaron, Thanks for that. What does it take for it be defined as a "business"? In any case, I take it that the interest deductions are there to be made? The sub-division process may be executed in one go (ie the final lots are defined in one job, if you will), but they won't necessarily be sold...

Hi. Posting this here as the search won't allow "subdivision" as a term to search for past postings on the topic! My question is in regards to negative gearing and subdivision of land that has no dwelling on it. Basically, if the intention is just to subdivide and not generate any income, can...