Hi all,
Could anybody tell me how to calculate Greater Dandenong Council Contributions for subdividing a block?
I phoned the Council and they recommended me to the planning scheme or if that failed they said to inquire with an architect.
Does anybody have any experience with development contributions in Victoria?
Thanks
Hemi
Hi Hemi
Generally it's 5% of land value. You must pay this in order to create the extra titles. If it's 2 dwellings generally its a small fee.
What is it you are intending to do? This will determine the fee.
Cheers Oscar
Hi Oscar,
I apppreciate your help.
I've been studying property development for the last year and wanted to know how to do the council contibutions part of the feso.
Love your website.
Thanks
Hemi
Hi Oscar
I found this:
Been reading Greater Dandenong Planning Scheme Clause 56.
Am I in the right places to study the Contributions fees to the subdivision?
Answer to your question is I would like to hunt development sites in year but I can't seem to nail the contributions.
As soon as I have the Contributions down I'm going to start hunting deals but under Option.
I have Lowest Price Point targeted areas so I want to manufacture some sites.
Your help would be invaluable. <moderator: delete advertising>
Thanks
Hemi
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