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Thanks Nem. We managed to buy at the right time and get a good price. The numbers stacked up even before the boom, so this 'boom' is an added bonus! I think to do it now, buy land now in that similar area and develop a duplex...would be much, much harder (if not impossible) as prices on sites...

1. Are you factoring in net profit (after taxes, GST, capital gains, etc)? We worked out it will be around 20% return net. 2. Are you factoring the return at today's rate or at the time of purchase? Based on 6 months ago figures mate. Quite conservative to be honest. My point is...

"Its very hard making money on a 2 dwelling development in Sydney even if you were a builder. Many things to consider when developing. Start of making a list of all the expenses and there are plenty of things you didn't know existed" Hi Shahin, Well our duplex in Sydney, near parramatta is...