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I am very much a rookie too so take my comments with a pinch of salt. A successful developer from this forum told me last year that he knew of a lot of small developments going up in the moorooka area by builder developers and that you need to be wary of this because you wont be able to compete...

http://www.realestate.com.au/property-house-qld-moorooka-112069099 This one was listed for $410k a couple of months ago, I would be interested as to how much it sold for. Not within a DCP. http://www.realestate.com.au/property-house-qld-moorooka-112971059 Same as this one. I think...

I know of the first one you have listed. It is within a demolition control precinct meaning it will be difficult to remove the house. Quite a few developments in moorooka of 2x townhouses built down the back with an access lane. Also the possibility of relocating the house to the front corner...