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PJ, there seem to be plenty of people that are happy to use their first development as a learning experience and if they make some money off it then that's great. Everyone will tell you that you want to make 30% from a project or it's not worth doing. I'm happy with a projected 20% (exclusive of...

I'm just getting my popcorn ready, this will be really interesting. From what I could gather from one of RE's posts yesterday construction has been delayed somewhat and the start date could well be after the initially quoted finish date so it'll be interesting to hear what's happening.... :p...

I think I left a little bit of info out of my previous post by the looks. By "you can't start building" I should have put you can't get finance to start the building process until titles are issued". I believe you can start building as soon as you have the building/planning approval but in...

Found my paperwork from earlier in the year so I can give you some more accurate figures. Fyfe's proffesional fees were less than $800inc. I think we got a bit of a discount so I don't want to say an exact figure. I think the fee is pretty reasonable for the peace of mind and for accuracy...

Steve, that's my understanding of the requirements. To get the sub division done you need to put in a DA (development application). Once approved, you are then free to sell off the allotments once the sub division is approved on condition the titles are issued for each allotment. Painfully...

I don't have my figures at hand at the moment but as a rough guide I would allow for $20k per Torrens Title division. To get a sub division done you need to have development approval from the council which means you need to lodge building plans suitable to fit on the new lots before you can...