Yes Terry, I am eligible (post 55) to withdraw all or parts of my super, if I do not intent to work. (Have spoken with super, have the form in front of me.)
The land is paid for. The money I withdraw from super will provide the required cashflow to build; then sell the existing house and move into the new one.

Hello Good People,

As promised, I am posting the solution to my lending problem… I am digging into my Super

This provides me with the funds to build the livable shed; move into it, sell the house, then build the new house.
I can remain an owner builder; do not have to part with cash for no other reason than making the venture palatable for…[Read more]

Yes, thanks, this is one of the latest ideas
Will be sorting this out next week.

Hmm, did I say I want to owner-build? My plan is to do just that.
… which kills the option of the relocation loan; citing the St. George Bank at http://www.stgeorge.com.au/personal/home-loans/our-home-loans/specialist/relocation-loan states: "Not available for uses including owner building, vacant land or extended settlement loan."

I may have…[Read more]

As it currently stands (and I do not see this changing) no serviceability = no loan! Fulls stop. LVR means nothing, any rental ideas won't work either… two options remain:
1. get a job and earn some dollars
2. put the house on the market and sell it

I will try 1. for a couple of months before cash flow becomes a problem, then 2. will…[Read more]

I kindly thank you for your input and feedback!
The day looks brighter. You should have seen my chin drop when I got the "no". I was never expecting it.
Well, lesson learnt! I will post what the outcome / way forward was.

Thank you all for the warm welcome… feel home already

I probably need to be more precise / explicit:
I live in a home worth 600k+
The loan is paid off (much earlier than required, hence, I have got 100k to redraw)
I will redraw the 100k to pay for the new land I bought; 30k come from savings.

I need 100k to build a new house on the new…[Read more]

~625k$