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Did you know that Perth’s population is set to double over the next 30 years? This means that we’re tipped to takeover Brisbane as Australia’s third largest city.
In addition to an increased demand for housing, this projected growth is also taking place at a time when high density living is becoming more and more popular. As time goes on, people are increasingly willing to trade excess living space for a great house in a good location.
This means that now is a great time for subdivision in Perth. Doing so now could put you in a good position to benefit from the increased demand for housing in the coming years.
As one of Perth’s leading building and property development companies, not only can we help guide you through the process of subdividing your block, we can also help you design and build the most suitable unit development for your property.
Why Subdivide & Develop?
There are a number of reasons to consider subdividing your property and developing the newly created blocks of land:
1) Maximising the value of your property: done effectively subdividing your property and developing the separate lots to build properties on them can have many benefits. You have the option to sell the new properties or use the positive equity to help fund other investment projects.
2) Maximising rental return and cash flow: if you don’t wish to sell, subdividing and developing your land could allow you to maximise your rental return. This additional cash flow could then be used to repay your mortgage at a quicker rate while building equity in your property portfolio.
Your potential to subdivide depends on two main factors:
1) the R code zoning of your block
2) the size of your block
We will perform a comprehensive assessment of your land to determine whether it is suitable for subdivision and what type of property it should be subdivided into- strata, survey strata or green title.
Why Developments by Impressions?
As one of the city’s leading property developers, we’re the team you want to turn to when subdividing your block. Subdividing and developing land is a multifaceted process and to get the most out of the project it is vital that you partner with an innovative, highly qualified team of industry experts.
Our team has a vast amount of experience with subdivision in Perth and can perform a comprehensive assessment to determine what type of subdivision will allow you to maximise your return on investment opportunities.
We handle every stage of the property development process, from design and construction to the moment that we hand over the keys. You can rest assured that you’ll be working with a team that truly understands what you are looking to achieve and will aim to complete your project on time and on budget.
Ready to turn your subdivision and property development dream into a reality? Get in touch with one of our development consultants to start today.
Developments by Impressions can also assist with finance to help you determine the best way to fund your development project. We have a long-standing relationship with construction finance specialist, The Loan Company, which has access to a wide range of loan facilities. The Loan Company specialises in construction finance and deals directly with builders and land developers, meaning you benefit from a faster and smoother approval process.
Karen & Nicholas Robson
The Byrd family