Nope - I think I got a pretty good deal on the block. I would be surprised if a 910sqm block would be worth $900k now. The three individual lots are valued at $300k each - so I would think somewhere between 700-800k would be a fair price nowadays for a single title - though I could be wrong as I haven't been looking at this market recently.
Hi Blacky
I had a RE agent value my property the other day and came in at $850-900K, I guess it could depend on location and the RE agent may be talking it up.
Also, I had a quick look at townhouses in the area, some of the new quality stuff going for $900K.
So you have learnt alot from this project/experience, will you develop again??
MTR