All Topics / Help Needed! / Difference between Subdivision and Dual Occupancy

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  • Profile photo of MysteryMystery
    Participant
    @mystery
    Join Date: 2006
    Post Count: 87
    May 14, 2007 - 4:19 am

    Hi,

    I have bought a 800m2 corner block in Ipswich area which has a small house on one half and the other half able to be subdivided according to council town planner.

    Reading posts on the cost of subdividing a block in Ipswich area ($45k). What is the main difference between dual occupancy and subdivision …… is dual occupancy where you can have two properties on the one block on the same title, but if you want to sell one, then you would have to sell both? Whereas subdivision would mean that you have two titles enabling me to build a second house/duplex on a totally separate title which would allow me to sell each one individually.

    Is my understanding correct, .. if not, can someone explain it to me.

    Thanks

    Martin

    Profile photo of Mortgage HunterMortgage Hunter
    Participant
    @mortgage-hunter
    Join Date: 2003
    Post Count: 3,781
    May 14, 2007 - 4:22 am

    You are correct all except for the spelling.  Dual is quite different to duel

    Profile photo of MysteryMystery
    Participant
    @mystery
    Join Date: 2006
    Post Count: 87
    May 14, 2007 - 8:38 am

    Thanks Simon, ……. I typed it a couple of minutes before I had to go to work, so it was rushed and I didn't spell check it …. but, thanks anyway

    Martin

    Profile photo of WylieWylie
    Member
    @wylie
    Join Date: 2004
    Post Count: 346
    May 15, 2007 - 7:30 am

    Does this mean that if I build a second house in the back yard but do not subdivide, I am still up for headworks costs etc even if I don't subdivide.

    Wylie

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