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Thanks for your replies. High Wycombe = 450k existing house on 890sqm block I need to get a 330k construction loan to build at back and fix up front house. The house is worth 450k now, but If I subdivide first I am sure the existing house will fetch 380k and the block of land 230k (376sqm...

Me and my brother are looking to build a 4x2 on a block we bought a few years ago in High Wycombe (WA). The block is subdividable 890sqm R25 but we have not subdivided it yet. We have 4 joint loans with Westpac all setup by our broker and she has suggested we take one of our loans and a new...