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Heh, the last developable block for sale out here sold. There's *nothing* for sale now that you could do anything interesting with anymore - just the fancy schmancy expensive brand new houses on tiny wee blocks. Pah. Putting a dampener on my plotting and scheming plans :rolleyes:

Ours was *under* priced, which IMHO stopped it selling. Since we bought it about a year ago, a lot of houses within maybe 500m have sold. One opposite for $170k, one behind for $275k, another behind listed for $240k just sold, a tip down the road listed for $170k just sold, and two in the next...

Ours wasn't advertised as subdivisible and we bought it for $15,000 more than the value of the splitter block, which is nice - means we effectively bought the existing house and land for $15k. Turns out the agent hadn't even considered that the block was subdivisible. They're a bit slow out this...

The last one on my watch list is like that but one better - it sits on two *titles*, with the original house sitting on one block clear. The other block is wide enough (a whole 19cm wider than the minimum) for a duplex. Considering the seller is 'desperate' its been for sale for 6 months with...

We're going to build to live in and sell the old house on the block. There's not much money in just selling the land.

I'm in the 'only subdivisible' camp. Unfortunately prices have shot up so much lately and people are actually catching on to this subdivision thing so the subdivisible ones are either overpriced or already subdivided by the time they come up for sale. My current 'watch list' is down to *one*...