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I am a retired valuer. When I was registered and working, the Valuer General's office would send us a monthly blurb abut markets and the source of my information was in that report of early last year. I don't think its priviliged information. If I can find a copy and persuade the kids to scan...

According to the Valuer General, over 40% of existing Frankston and Seaford homes sit on subdivisible land (the equivalent figure for the rest of Melbourne is less than 2%). http://www.realestate.com.au/property-house-vic-seaford-114916863 This brick and tile gem seems too good to be...