All Topics / The Treasure Chest / Splitting Titles

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  • Profile photo of ANUBISANUBIS
    Participant
    @anubis
    Join Date: 2003
    Post Count: 559

    Hi all,

    I am looking to split a title for a property I own that has a house on 600sqm and a vacant area of around 1800sqm.

    Does anyone have any experience in this area, particularly:
    > Is it via local council
    > Approximate costs involved
    > Time involved to issue the new titles

    Any thoughts greatly appreciated.

    The Bear

    Profile photo of Mortgage HunterMortgage Hunter
    Participant
    @mortgage-hunter
    Join Date: 2003
    Post Count: 3,781

    You will have to submit a Development Application (DA) to council. Give them a call and ask for the planner. He should be able to tell you what you need. Alternatively if you go in they should be able to give you information.

    Every council is different – some are very helpful others have terrible reputations.

    In my area it is only a few hundred for the DA but you will need to engage a surveyor to draw up the exact plans of the property.

    It depends on the Local Environmental Plan (LEP) as to whether it falls in or out of their guidelines for approval. The planner will help you here too. Basically you will know if it is possible before you need to spend any money.

    Timeframes vary widely between councils too.

    All the best,

    Simon Macks
    Mortgage Hunter
    [email protected]
    0425 228 985

    Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

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