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We do pay more rates but not the full amount because, like you say, you need bin collection and extra water service. However we only pay general land rates for one property instead of two. It probably saves us around 1k per yr.

A few years ago I had a val done through St George on a duplex that wasn't strata'ed. I met the valuer and he told me he would only deduct 15k from a fully strata'ed val to cover the cost of registration. We did have approval from council and strata plans in place so maybe that made the...

This isn't my understanding. :confused: I thought you could rent out for 12 mths and then sell one or more without gst and be entitled to 50% CG tax concession. As long as your initial intention was to develop as an investment rather than spec home.

No worries. See your point. So maybe need to compare scenarios a little more carefully. eg: Scenario 1. Sell property as is Est sale price - (selling costs + holding costs + original purchase cost) = $x Vs 2. Develop and sell either all, one, or two (add tax and selling costs to feaso...

Good luck with it Brendon, You must be planning to sell? This figure looks like you've based it on an purchaser/ investor's return. Have you considered holding any of the three? Like Kesse mentioned, better to put in the real costs into your feaso to show your actual returns. ie...