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As you can see with Jim's quotes above for torrens title vs community title subdivision, there are some risks for significant cost blow outs particuarly with infrastructure costs to SA water, this is where a surveyor is so crucial before you purchace land, Jim's subdivision requires a sewer main...

The increased equity generated at the point of subdivision was sufficient security for the bank to lend 100% of the construction cost, the 2 titles became cross-collateralized (unavoidable) but I'm not fussed about that.

yes there is a development contribution fee (or open space contribution something like that, cant remember the exact wording) of $6500 when you find a property that you want to buy, show the title to a SURVEYOR they will provide you with a writen quote of your entire subdivision costs, i've...

If you look long enough you will find multipe examples of slight variations on allotment sizes within council zones, I got a small reduction on my block, from memory it was just a $165 'non complying development fee' I'd think 13m sq would get through easy enough. (dont take my word as gospel...

to sell or to hold, that is the question Hi Andy, I've undertaken just the one hammerhead subdivision and decided to hold the rear lot and am building on it, I'm also holding the front existing dwelling tennanted, I agree the selling costs, GST and CGT take a huge bite out of your gained...

Howdy newbie, Welcome to the forum, you'll learn heaps from here. I'd like to show you an alternate to a knock down subdivide- as you can see from your cost analysis there is no money to be made with this strategy. These days you really need to find a 1 lot into 3 to turn a profit and...