**property to remain flat for some time**, page-46

re: **property for zeek In the Margaret River/ Busselton regions, there are various rules and regulations concerning land, so you have to research carefully.

Rural land in this area might only allow you to subdivide if you own more than 70 or 100 hectares. This might land might cost you about $700 000. However, if you sit on it for a few years, when you go to subdivide (cost of about $5000), you should pay off your mortgage and have money in the bank. Land is doing very well down there as WA people know.

I know of someone who managed to subdivide their farmland into 5 hectare blacks and sell them off at about $ 250 000. He made a mint.

It is really, really careful to read up the rules governing the particular land. You can get this info from the Margaret River and Busselton Councils.

Research well.

Good luck.

zeek
I think that Clare Valley in SA looks good too.