Yep really going ahead in that area.

Rothwell, Mango Hill also worth alook.

Gazza check your PM’s

http://www.commbank.com.au/personal/other/useful_tools.asp

Thanks for the replies.

So if I buy a block of land build a duplex, and then sell both. The whole profit is added to my salary income and taxed at that rate(47 cents in the dollar).

And for it tobe a capital asset I have to hold it for 12 months after completion.

Is that correct?

If so, whats the best way to avoid paying the top tax rate.