Dear Gillian,
It’s amazing! I’ve been asking myself exactly the same question for the last couple of days, so I am interested in the answers. I also live in Perth and have been looking at a few different areas over the last couple of months. My aim was to buy a house on a duplex/triplex block with rear access renovate the existing house and build on the rear. My biggest stumbling block is the finance. I could borrow to buy the house and block but the extra to develop and cover other costs I am unsure about. I will have to take Hilary’s advice and see the finance broker first.
I would be interested to know how you go, so drop me an email [email protected]
Regards,
Jerad