Subdivision

CREATING WEALTH FROM OPPORTUNITY

The Process

We all know that land is a wonderful investment, but our clients can be surprised to find they are sitting on a gold mine. Many Perth suburbs are rezoning to create more infill housing for a growing population, which creates opportunity for landowners to carve up their existing block for profit. Everyone from downsizers seeking a more manageable block, to young families who want to get a foothold in more desirable areas can win through this process. The great news is, there is no better time to subdivide than when planning to build a new home!

Perth is awash with older homes sprawling across large lots, which means landowners may be able to create two or even three blocks from their existing parcel. For those building a new home, the profit from the sale of the surplus lot can be reinvested into building their dream home. The subdivision process can be a tricky one, so Coast Home’s structured approach can save you time and money.

The team’s in-depth understanding of the sequence of events that need to occur streamlines and simplifies the complex process.

1. Here’s what needs to happen

Your original block will be surveyed and the new lot boundaries and dimensions will be drawn up. This new lot plan is then submitted to the WAPC (West Australian Planning Commission) for approval, which can take up to three months. In the meantime, we can put our heads together and commence work on the design of your new home for the block you’ll be keeping and then submit this for planning approval while waiting for subdivision approval. Once preliminary subdivision approval has been received from WAPC, the next step involves fulfilling the conditions of the subdivision. Depending on whether the title application is survey strata title or green title, subdivision conditions will include things like connection of services to the new lot – water, power, sewer, clearing the site, filling in pools if necessary, installing dividing fences and retaining and reinstating crossovers – as well as paying fees and statutory costs to relevant authorities, including the Water Corporation, Western Power and local council. Once the conditions have been fulfilled and all clearances received, the titles can be issued. The surveyors will resubmit the approved plan back to WAPC, and Landgate will issue the new titles via a settlement agent. When all conditions have been met and the new title issued, the surplus lot can now be officially put on the market and sold!

2. So how can Coast Homes help you?

We’ll engage a surveyor on your behalf to lodge for subdivision approval. We’ll help with identifying the best way to subdivide the block to provide you with a suitable sized building block for your new home. We’ll monitor the approval process and provide regular updates. We’ll design your new home for you and have all the costs confirmed and ready to go. We’ll coordinate and manage all the site works to fulfil the conditions of the subdivision approval, including demolition of the existing home, if required, and connection of all services to the new lot. We’ll help you sell the surplus lot by designing a custom built home to go in it. This gives you peace of mind knowing what is going to be built next door. We’ll time your building application perfectly with the new title so you will have the funds ready for when you start building to minimise any delays. Then leave the new build in our hands – no stress. See all of our unique new home designs to see which one will suit your subdivision in Perth.