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4 Important Tips With Subdivision

Written by Posted On Wednesday, 05 September 2018 01:54

Land subdivision has become a widespread practice in the real state sector in Western Australia. People are dividing their lands and plots on a daily basis. There are many reasons why people engage in such subdivisions. First of all, subdivision maximizes the return on that particular piece of land since small plots can be sold at a higher price. This is best achieved when the wants to sell the subdivided parcels when the prices rise. Moreover, a person may want to partition to build on the small subdivisions and use the rest of the block for other reasons. Subdivided pots can be sold in a bid to reduce the debt one might be having on the whole property. 
Before engaging in a subdivision process, it is good to pay keen attention to the following issues 

Tips Subdivision


1. Get information on your zoning codes
Before starting the subdivision process, it is good to know whether that particular block is eligible for subdivision. Understand the zoning codes applicable to your locality, which you can find here https://www.planning.wa.gov.au/Residential-design-codes.aspx . You are required to work closely with the local council officials who would guide you step by step through the whole process. Ensure you know the requirements before kick-starting the entire subdivision process. It is worth noting that zoning codes vary from one place to another. Just because your neighbor got an approval does not mean that you will also get one. 


2. Explore all factors which can prevent subdivision
Will the subdivision process affect the drainage systems? Is the size of your block large enough to warrant subdivisions? What does your local zoning laws say about subdivision? Are there trees which need to be cut in the process of subdivision? These are some of the questions one needs to ask himself or herself before deciding on whether to engage in the subdivision process. 


3. Assess whether your property is worth subdividing.
Does your block has outstanding land taxes, water bills and other fees associated with land ownership. Such charges need to be first cleared with the authorities. Additionally, the block should not be under any legal process which can stop the subdivision process. As the owner of the land, you need to understand that there are numerous costs associated with this process such as surveyor’s fees, title costs and other expenses related to feasibility studies. You have to make sure this pays off for you, as mentioned by https://www.subdivisionexperts.com.au/ . Deal with these factors so that the whole process can become successful.


4. Understand the prevailing market conditions
If you are subdividing the land with the intention of selling it, find out what buyers want. If they prefer smaller blocks and your zoning code allows, then subdivide your land into these blocks to reap the maximum returns. Engage in a lot of marketing research. Find out about these details now!

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