housing survey, page-61

  1. 886 Posts.
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    I think that's called 'creeping wealth', just wait and wake up one morning with Stockland knocking at your door - well done !

    Hope it was a pre CGT purchase, or its greater than 2ha and you can spin out the house and curtilage from the CGT calc.

    Missed out on one here - 20ha - 200 lots - drove passed it every day to and from work - was on the market at $3,750 per lot raw - all it needed was a rezoning. Now selling for $140k per lot with dev expenses at $40k per lot - ouch !

    Also slipped under the radar of local developers !

    OA
 
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