Subdividing Property

Subdividing Property

A common sight in suburban Melbourne are subdivided properties. With developers and mums & dads alike all looking to make a profit in the property market.

It's also an area that Online Conveyancing specialise in. We can offer advice and guide clients through the maze during the often lengthy process (it can take up to twelve months to complete) and point you through to the right people (land surveyors, planners, builders, mortgage brokers, etc). 

Then were are there at the end to lodge the plan of subdivision and ensure that your bank consents to the actual subdivision. 

Getting the right advice when you set out to subdivide a property for the first time is crucial to turning a profit. We have the right advice and industry contacts to help you realise your property goals.

subdividing property

Contact us today for the best advice and service from a conveyancing team experienced with subdivisions. Make sure your subdivision is legal, above board and profitable.

online conveyancing

Recent Posts

So just what is Stamp Duty?

So what is Stamp Duty and why do we have to pay and where does the money go?

It adds to the cost of buying a property and can be a nasty surprise to some people when they are adding up the sums to do their budget.

Stamp Duty is a tax on certain acquisitions including gifts, home loans, insurance and of course real estate.

It has to be paid to your local State or Territory Government within 30 days of the date of purchase settlement. The State and Territory Govts then re-invest the duty in services for all in the community – police, health, education, roads, transport and emergency services to name a few.

As Stamp Duty is decided and managed by the various State and Territory Governments the rate of stamp duty can vary from state to territory and possible exemptions and discounts can vary as well. First home buyers for instance may receive a discounted rate in some states to help get people into the housing market.

For those of you here in Victoria just click on this link to get more detail on Stamp Duty including access to a calculator and a list of exemptions and concessions.

  1. What to expect in 2017 Leave a reply
  2. What exactly is conveyancing? Leave a reply
  3. What documents do I need before I can sell my property? Leave a reply
  4. When do I receive my deposit? Leave a reply
  5. Can the purchaser change their mind after signing the Contract of Sale ? Leave a reply
  6. What happens on the day of settlement and do I have to attend? Leave a reply
  7. Who notifies the authorities of the change of ownership? Leave a reply
  8. When should I sign the Contract of Sale? Leave a reply
  9. How and when do I organise my finance and settlement of property? Leave a reply