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My estimate is based on the current block with on one existing dwelling (my PPOR) valued at approx 550k, once zoning changes I will revalue the house and land. I expect if I go down the subdivision route that the back block will be worth around 225-250k if sold. Good to know that getting finance...

Cockburn council in Perth, are in the process of re-zoning Coolbellup, and it looks like my block is going from R20 to R40 :). I built a new house last year on the block, but left enough room for the planned future subdivision, as I was aware the area was probably going to be re-zoned. My...