Brian_qwerty replied to the topic Backyard subdivision? anyone doing it? in the forum Value Adding 11 years, 10 months ago
I've done a couple of these in Perth, and agree with the above posts. Both of my blocks sold for about half what I paid for the original house. But the second one was twice the price of the first. That block took a lot lot longer to sell.
For my next subdivision I will aim for a price point where there are lots of buyers. Time is one of the…[Read more]