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maybe "dream house" is being a bit generous. :D Really just want a basic 4x2 with two seperate living areas. My idea of a retain and build was that the land component of the back house ends up being not too bad in terms of price. I do actually have cash for the PPoR part of the deal (but...

I could buy this, build my dream home on the street front and a scummy rental in the back yard. Only problem is that it is not near anything. http://www.realestate.com.au/property-residential+land-wa-bassendean-200755203 It goes against all my locational criteria for a PPoR and for an IP.

Not need... want :D

True. Although from my POV, developing for a PPoR and devleoping for an IP have different consideration. haha. With my taste, building could be an expensive exercise :-) I didn't know about the clay. Thanks for the heads up. I wonder if they had to do a geotech as part of the survey strata.

I have found out that not all the blocks are small. For example, I could get a pretty decent house on this. I would prolly go the front block. I don't know the area at all though so I would have to check it out. Probably the land is a little on the pricey side but with a min 7-8 year hold, the...

The funny thing in the areas I am looking in is that mostly the blocks are still on the market. i.e. land: http://www.realestate.com.au/property-residential+land-wa-kewdale-200785791 h&l for same blocks... http://www.realestate.com.au/property-house-wa-kewdale-115900567?listingType=buy...

I know you are right. I'm just feeling tired after a 4 month reno on one of my rental properties... mostly DIY. I can get land. For what price I don't know. Anyway, suitable blocks come onto the market now and then. I know for house and land I am paying someone else to do the work I am fully...

I really had my heart set on a retain and subdivide for my next IP/PPoR (IP is the retain, PPoR to be built on the back block). However, the prices of these properties where I want to live has skyrocketed and when they come up they are selling in 24-48 hours! :eek: So, I have been thinking...