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    Adelaide Meeting 3.0

    Hey Erin, Any news on the next catchup? Cheers, Andy
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    Assistance with Subdivision Feasibility in Adelaide

    Hey Erica, With your battleaxe/hammerhead block, do you have to pay to have the sewer line/water line extended to the back block? Thanks, Andrew
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    Adelaide Meeting 3.0

    Howdy, Great to meet you all last night, see you next time!! Thanks for organising Erin
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    Murray Bridge Rear Block Cut Off

    Hi Jim, Did you look into the sewer issues before purchasing the land? Would this have stopped you going ahead if you had known beforehand? AndyM
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    Assistance with Subdivision Feasibility in Adelaide

    Really interesting thread Jim, thanks. I'll be sure to do any sewerage investigations before buying then! I'll reply with a related question to your thread. I've seen that community title vs torrens can sell very differently in different areas. For example in the Clovelly Park example, the 2x...
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    Assistance with Subdivision Feasibility in Adelaide

    Great, thankyou! What about the finance side of things? Completely understand if you aren't happy disclosing on here. AndyM
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    Adelaide Investment Suburbs

    Confirmed, you have to be OO, and you mustn't own any other properties. Plus earn less than 75k. AndyM
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    Assistance with Subdivision Feasibility in Adelaide

    No worries, I saw that fee and wondered how far a development could be non-complying. I've read about council contributions in QLD, do we have those in Adelaide? Something along the lines of, because you're splitting the blocks, thereby increasing density, you have to pay a fee (3-5k) for the...
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    Assistance with Subdivision Feasibility in Adelaide

    Hi Erica, That's interesting about the 1 into 3. Is this the same all over Adelaide do you think? I remember chatting to a guy at a seminar about 6 months ago about how he focussed in the north-east and exclusively did 1 into 2 & sell as house and land. I wonder if he's struggling now...
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    Adelaide Investment Suburbs

    Ah ok I understand, so they aren't available to everyone- Only those who have specific income/asset levels and the cost is non-negotiable?
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    Assistance with Subdivision Feasibility in Adelaide

    Thanks Damien, really interesting, I'll give him a call.
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    Assistance with Subdivision Feasibility in Adelaide

    Hi Westminster, Thanks for the reply, does doing the build make that much difference? I had imagined that most of your profit as a developer was realised when splitting the block. If the subdivided land in the area is going for $245k, and a torrens titled house is going for $465k, would there...
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    Assistance with Subdivision Feasibility in Adelaide

    Hi Everyone, In a similar vein to this post, I’m looking at the feasibility of subdividing & building in Adelaide, though with my own money and either on my own or with one of the groups who will ‘hold your hand’ through the subdivision and sale process. I’ve opted to use a town planner in...
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    Adelaide Meeting 3.0

    Hi Everyone, First time I've seen this thread but very keen to be involved in the September meeting, count me in. Thanks, AndyM
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    Adelaide Investment Suburbs

    Hi Everyone, Can anyone explain to me the stigma around Affordable homes? Thanks, AndyM
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    My "Armchair Development" Experience

    Perfect, thanks Crido
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    My "Armchair Development" Experience

    Crido, Would you mind explaining how the funding situation works in EOS? Having spoken with them my understanding is: You provide a deposit as part of the JV The JV (iaw EOS) obtains a loan through their broker for the land (and construction in some cases) A 100% construction loan is...
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    Massive security risk - Commsec allows direct access to bank account

    It's also worth mentioning that relatively often when you call Comsec for support they will ask for your login password. Previously this meant that they could see your account info and your positions but now they can presumably get access to netbank and move around money? I've shifted the...
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    My "Armchair Development" Experience

    Subscibed. Very interested to see how this goes, looking at these guys in the future. Does anyone know about any of the people in charge?
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    Finance for small developments

    Possibly a silly question for someone on a steep learning curve: Having read the Mona Vale thread, MichaelW spoke about his complicated loan structure involving a company, a trust and his personal loan, where his company purchased(?) units of his personal loan to undertake the construction...
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