Does anyone know the costs involved in sub-division? Am currently looking at sub-dividing a 5 acre block.
Yorker
5 acres sounds rural-ish. Check with the local council/shire what the minimum lot size for the area is. You may find that right now 5 acres is the minimum lot size. This however doesn’t mean you cant subdivide but does complicate the process as the council will have to amend their planning scheme for the area etc. This is where the real killer in this process is – time.Another obstacle can be the advertising/response process. If there are some well connected neighbours who don’t like the idea of smaller lots in the area, then they may object and lobby powerful support etc etc.
Cost will vary from one area to the next and depend on availability professionals, the type of subdivision that you have in mind etc. I suspect that cost wont be a big factor in the viability of the exercise. Speak to a surveyor in the area and get their thoughts and also a rough estimate. Using a surveyor will help no end with the paperwork and bureaucracy.
Good luck.
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