Subdivision Melbourne new planning zones
- Thread starter cateb
- Start date
Hi Cateb,
What one of the new zones does is lock some properties up from not being able to be subdivided into more than 2 lots. So, if your strategy was for 2 units, that is still a valid strategy.
Whether 2 dwellings can be achieved on any given lot depends on the individual features of the site and the specific planning controls, same as before really. Frankston are looking at bringing in new restrictions in some areas, but these haven't been approved yet.
I would recommend that you get advice once you have narrowed down to a property so that site specific details can be taken into consideration.
What one of the new zones does is lock some properties up from not being able to be subdivided into more than 2 lots. So, if your strategy was for 2 units, that is still a valid strategy.
Whether 2 dwellings can be achieved on any given lot depends on the individual features of the site and the specific planning controls, same as before really. Frankston are looking at bringing in new restrictions in some areas, but these haven't been approved yet.
I would recommend that you get advice once you have narrowed down to a property so that site specific details can be taken into consideration.
Hi Melanie
thanks so much for your reply.
Im thinking the block sizes we are looking at, around 600sqm wouldn't fit more than 2 villas/townhouses anyway...?
In general would you say it is a good strategy to buy a large block in that area for future subdivision? Is this an area that would benefit from medium density in future?
Cheers
Cate
thanks so much for your reply.
Im thinking the block sizes we are looking at, around 600sqm wouldn't fit more than 2 villas/townhouses anyway...?
In general would you say it is a good strategy to buy a large block in that area for future subdivision? Is this an area that would benefit from medium density in future?
Cheers
Cate
Hi Cate,
Two units on around 600sqm is reasonable for areas that are away from major shops and trains (such as Frankston North).
Sorry, I can't offer you any advise regarding whether it is a good strategy. It is a fairly common strategy that I have seen a lot of over the last 5+ years, and I don't see the new zones as making a vast change to that, at least in the medium term.
Good luck with your project!
Two units on around 600sqm is reasonable for areas that are away from major shops and trains (such as Frankston North).
Sorry, I can't offer you any advise regarding whether it is a good strategy. It is a fairly common strategy that I have seen a lot of over the last 5+ years, and I don't see the new zones as making a vast change to that, at least in the medium term.
Good luck with your project!
If the strategy is to landbank i would aim for a suburb that has proven historical growth. You can do much better than Frankston North.
