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Hi My current residence (PR) is an 810 Sqm block over 2 lots in brisbane. House is a dump & looking at splitting the lots & building a new PR & an investment house. Currently I have a single mortgage part fixed variable. Assuming I split the property, creating 2 405sqm lots, say Lot...

The valuer would consider the highest & best use of the properties, whether on a combined or individual basis

aha! good point cheers

Thanks for the reply. what if i just a build 1 house initially on the 810 sqm block, but building the new house in a manner that i can still split into 2 405sqm lots. would i be subject to the small lot code for the first house on 810 sqm?

Hi all I have an 809 splitter block on 2 lots in brisbane. Block slopes down from the street frontage & looking at the neighbours driveway (newly split & 2 new houses built) - i am looking at a relatively steep driveway. I am thinking of developing later in the year, build one house...

The Nz dollar has appreciated against the AUD - so might be a good time with the favourable exchange rate to divest

I am in a similar position as the OP, looking at options on a 405sqm. From displays homes I have seen so far - these guys would rank pretty high on the quality scale http://www.kalka.com.au

Keep saving up mate - don't just buy because it's affordable buy something where the fundamentals are strong

Why are you considering Basin Pocket as an area to invest? Is it price point? What are key drivers for growth? Jobs? Population growth? Infrastructure? Ipswich bounced early 2000s with massive price growth, sold off during GFC & recovering recently. You will get better growth...

Hi My first post after lurking as a guest for a long time I have an 809 Sqm block in Brisbane that is on 2 405 Sqm lots. Currently it's my PPR. My plan is to demolish the existing residence & build 2 new houses, one investment purposes & one for my new PPR My existing debt is equal...