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Hi Doxa5 It certainly shows that even in a market no longer in boom mode there are still pockets in the right locations that will continue to increase in value.

HI Dumpty Welcome to the forum - love your name! It seems to be a fairly recent thing, just going by my own experiences and things I have observed. I noticed it more in Perth initially last year but it is definetly spreading. Also some of the land prices on a new estate I know of in...

Sure if your intention is to divide the block as developers you look for a bigger block and be the person that makes the profit on doing that but from a renters and home purchasers point of view you are interested in the house you will be living in and a smaller block won't bother you if the...

The valuations for Melton are based on the finished products not on the land only and are from independent and respected valuers. Like it or not the cottage block is becoming more and more common and more and more acceptable, the point is that people are buying them.

Here is another take on this, I did post it already in another thread but valuers seem to be taking another view! Interesting debate on land size. I have an independent valuers report including comparative sales in Melton that was prepared in August 2007. At that time the property being...