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  1. R

    Real timeframe for development completion

    In this red hot market doesn't matter too much.... the holding costs for $1.2 land and stamp duty at 4.55% are about $1050 p.w with construction loan and total costs of $2.1 about $1700 p.w. If you are looking at selling an product at $1.3 each or $2.6 return and the market is rising at a...
  2. R

    Real timeframe for development completion

    My timeline for a duplex: Purchase house on 3 month settlement 3 months for plans to be drawn up, decide on finishes and obtain building contract ie upon settlement. 3 months to prepare DA. Anywhere from 6 weeks to 4 months in Council awaiting approval depending on extent of complying...
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