Subdividing land – it sells itself right? Buy a block at one price, subdivide the land and sell the two lots at a hopefully much higher price than you paid for the original block.
As most of us are aware, record-low interest rates have stimulated somewhat of a property boom in Melbourne and Sydney over the last year, and to a lesser extent Brisbane as well.
The finance and property markets are filled with statistics and measures. It’s obviously the way to read the economic state of things and the way to garner ideas on where things might be heading – crucial in planning economic moves.
The first thing most people speak of when they are talking about a residential investment is usually how many kilometres it is from the city’s CBD.
