Although January has been a fairly slow start for most, it seems that companies and individuals, big and small, are grabbing the year by the horns. We have received various land subdivision inquiries and our early observations for the year is that consumers are optimistic about the future of property development in Perth. When speaking to our suppliers, we also find that they are busy, this asking the question - Where is the property market slowdown that was predicted last year?

True, there are a lot of properties currently on the market. That however is not a particular bad thing for the savvy buyer looking for a good deal. Subdividing smaller blocks into duplex, triplex or multi-unit developments, remain lucrative. It all comes down to calculating a feasible purchase price for the property, then making sure that the subdivision homework is done properly before tying the knot. We are regularly asked to assist in this process and will advise you on the risks and rewards of embarking on a particular project.