My inlaws have a piece of land that currently has two houses, one house was built in the 90's (which they are currently living in - located at the back of the block), one is a really old house that is falling apart and barely livable (front of the block). For the last few years, they have been bugging us to knock down the house that is falling apart and build a new one on it. After years of saying no, im starting to think if it might work for us as an investment, but there are few things that stand in our way. Issue 1: Its currently one title. I could ask them to subdivide it and sell it to us, however this would then cause the following problems: They are in receipt of centrelink, so currently this property is exempt from the assets test as its their PPR. Subdividing it would result in them having a large cash asset that may affect their pension. Does anyone know how the market value of the land is calculated once subdivided? Issue 2: Say they dont subdivide, I believe I will encounter the following issues: The banks wont lend me or my wife any money to build on their land because we physically have no claim to asset. I cannot build a dual occupancy as that would mean there are 3 buildings on the title. Are these points correct? Issue 3: Can you even build a duplex on a piece of land that has been subdivided? The land will be the front part (not the back part). Issue 4: Say if 4 is possible, can you even subdivide it even further ??? ie Torrens title duplex.