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Perhaps community title may be more simple when redeveloping the whole site, probably a lot of the limiting factors for me is because I keep the existing houses. I'm not too knowledgeable in this side of things, just going on what my surveyor has told me for myown 2 developments.

Hi Brady The one I am doing at Plympton at the moment is probably more relevant to your question, this one is also a corner block and also needs a 20m sewer main extension, - I canvased my surveyor on community title vs torrens option for this one too, for trying to keep costs down, his answer...

when it's ok to drink champagne before 11am When you just won an auction!! Woo Hoo Yee Haa, finally got that corner block subdivide and retain I've been after for ages! Will post details soon, just so excited i had to share

hi albanga The subdivision costs were paid for using our own money- no loan, as such, was set up specifically for these costs- I don't believe you can actually get the bank to add these 'soft costs' on top of the construction funding (but I'm no broker). However we were drawing down on a...

G'day Albanga Development Assessment is granted first, the idea is to spend the bare minimum on the site (just get plans drawn and submitted) to get the DA granted. You would hate to spend money demolishing trees/shedding etc, if the DA was then rejected. Once you have DA granted you...

Cheers Brady Hilarious, we must both be addicted to realestate.com.au. I drove past this one on Friday on my way home from work, measured up the back yard (from the foot path) contacted the agent, and ordered gas/water/sewer/power location notifications. Thanks for keeping your eye out...

Brady- great minds think alike I did spot that one yesterday- a bit too small I think, only 665m sq. Although it's a bugger because all the necessary services are there for the back yard, (sewer water, gas, electricity= quick and only $20k subdivision) City of Marion R13- 375m sq required for...

cheers thanks everyone for the words of encouragement

hi Brady I didn't engage engineer, drafter or town planner. I was trying to do most of it myself on the cheap. I'm sure had I engaged professionals it would have gone MUCH quicker. But in the end I was able to do it all with the surveyor organising the subdivision and and Weeks and Macklin...

G'day easyA Yeah, getting the surveyor to have a look at the title before purchace would have saved a huge headach- infact had I done so I would never have bought that property in the first place! It only took him one quick look at the title and he spotted the issue of sewer run placement...

Jim G'day. The original building plans that Weeks and Macklin's engineers prepared showed storm water to be discharged to street via normal stormwater pipes only, which we thought would be ok, my plumber and I thought there was enough fall from the roof to road curb to allow this. However...

G'day Brady Valuation was by Herron Todd White (for my Bank) in January, so I think I've drawn out as much equity as I can at the moment. I've got tennants lease expiring in August so if they don't stay on, I plan to do a quick cosmetic reno to the old house at front (rip up old carpet...

The bucket loads of stress Yes there were plenty of sleepless nights... the memory of which is now fading... hmmm, a bit like childbirth, you forget about the pain eventually and decide to do it all over again! My friends think I'm CRAZY. I'm having a quiet day so just for fun I shall try to...

Hi mgs4 Quote:"Is the bank valuation similar to what you think you could get in selling the house?" - I'm not to sure that I'd get much more than the valuation done for the bank- keeping in mind it is a fully qualified valuer from Herron Todd White that did the valuation and they are as...

Hi Rohan To be honest I don't know if the council would approve construction of a second dwelling without subdivision?? Anyone else know. Even if council would allow a build without subdivision, I assume the bank wouldn't like it much, it is very uncommon here in SA, there would be literally...

Hi Brady That one in Camden Park was listed on Friday, only one open held the next day (which I missed as I was away for the weekend camping), I rang the agent Monday to arrange a viewing- he told me it was under contract already, WTF, again, gone in 3 days!!! AAARRRGH so frustrating.

Brady- cheers for the hot tip, looks good!

so true Hi MickC, you are absolutely right! Lesson no 6. Subdivisions are more profitable when done on land with a higher value! I didn't understand that at the outset but definitely grasp that concept now. For the next subdivision I'll buy within 10km of the Adelaide CBD. So for...

Hi jim1964, yes, next time I will just sell off the land, I did not significantly improve my capital gain by building- the capital gain is created at the point of subdivision. Perhaps someone with the contacts to do a owner build, would increase the profit margin, but since I work full time...

Cheers Brady, and I've been watching your subdivision thread with interest too. I'm still hunting for the next purchase, the illusive corner block retain and subdivide, no luck as yet though...