With that kind of investment I suggest go North or West. Find a block where you can RETAIN the existing house and build one or two at the rear or side(if a corner block) go to an area where the Victorian Council is development friendly and will issue a permit fast. There are Councils which could take 2 years and give you a headache. We have…[Read more]

Hi James, There are far too many questions to answer Each topic has its own criteria.
Eg How do you know the site will be zoned a Growth Zone. Kingston’s proposed zoning maps has NOT been approved ny the Planning Minister as yet. How many units can you get. Check out a typical RGZ site which will give you data on the site coverage, height allowed,…[Read more]

New residential zones being considered by Planning Minister Matthew Guy risk pushing up house prices dramatically in Melbourne’s most expensive suburbs, and depressing land values in less wealthy areas, according to a letter penned by 35 of Victoria’s most senior planners and consultants.
The letter, submitted as part of a review of res…[Read more]

Brilliant read. Thanks.

Assessing a site today for developer builder in Whitehorse Council area. We can get 4 good sized units Return will be in the low 30%. Whitehorse has earmarked the site to be a NRZ if the Minister signs off which will then restrict to a dual occ if approved. We are lodging our Town planning Application next week in a great rush as the…[Read more]

A classic example of what I mean. Client wanted to develop three units under the old Res 1 zoning in Nillumbik Council which would deliver a good 25% return . Recent rezoning made site a Neighbourhood Residential Zone which would only allow a Dual Occ. The return is not worth the exercise as he bought recently and to demo existing house to replace…[Read more]

Good stuff Oscar. You are on a winner. Epping is the next HOT area in Melbourne with Council putting in place a Structure Plan to allow medium to high density. But yet to be approved by the Minister. We have got planning approval for 4 units on 428 sqm land all the units are 3 storey with roof garden and one car space.Now going to construction. We…[Read more]

Hi Grant,

I trust you have got your Application into Whitehorse Council by now. If not check to see what the future zoning will be (Whitehorse is yet to have their zoning approved by the Minister) If its GRZ then that’s good. If NRZ you will be restricted to two units. I got 3 units on 15m wide x 42m site/ It faced a Main road so turning circles…[Read more]