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They are double story. No I'm not including all the outgoings. To keep it simple I haven't even included tax, agents selling fees. I would presume the $170k build cost the agent mentioned would include everything such as civil works and professional fees to get the project to CC approved stage...

Today I went to an auction in Moorebank, western Sydney for a large block of land of 1,200m and an old house which had a DA approval for 6 x 2 bedroom townhouses. The property was previously on the market for $720k and the vendor decided against selling even though someone offered $740k. It was...