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Thanks Rolf. Since my post, i'm leaning a lot more towards standard non flood risk properties. The entry cost is higher but the rewards and 'safety' is higher too. Darryl, you've got me looking at splitters in mt gravatt now after your scenario there! Any chance i could run a few scenarios...

Hey guys, i've been doing some heavy reading within the forum and learning lots so to all of you... thank you! Being my 2nd IP, i'm looking for a 1 into 2 split block scenario. Something to renovate and live in for 12 months and in that time subdivide and sell off 2nd piece of land to build...