Thinking about subdividing your property in Queensland? Subdivision costs may vary significantly based on factors like local council rules and location. The overall cost for dividing a lot into two lots generally ranges from $30,000 to $100,000.
At Tenure Solutions, we’re here to point out the major costs involved in your subdivision planning. Although our main focus is Queensland, these insights can help you navigate the process wherever you are.
- Survey: The foundation of your subdivision application is a detailed survey that includes boundary adjustments, lot creation, existing building dimensions, and more. Costs vary based on site size, slope, and accessibility, with a simple survey typically ranging between $7,000 and $10,000.
- Planning Report: Preparing a comprehensive planning report for your council submission usually costs around $4,000, handled by town planners.
- Soil Test: A crucial safety check before construction, a soil test typically costs around $650.
- Demolition: If needed, demolishing existing structures, such as a 3-bedroom house, can cost about $20,000.
- Public Notification: To keep neighbours informed, public notification costs about $700 to $1,000.
- Council Application: Generating essential documents for council submission can cost around $3,000, depending on site complexity.
- Council Application Fees: Each council has its own fees, typically around $3,000, covering developer compliance and subdivision application fees.
- Council Contributions: A significant expense based on increased infrastructure needs due to population growth, which can range widely. For example, in Brisbane, expect $15,000 to $30,000 per extra lot created.
- Registering Titles: Registering titles has a set fee, approximately $330 for a simple one-into-two lot subdivision.
- Sewer and Water: Installation costs range from $7,500 to $10,000 depending on accessibility and design.
- Installation of Services: Bringing power and telecommunications to your new lot costs around $3,000 to $4,000, with potential variations for underground services.
- Compliance Certificates: Proving service availability requires compliance certificates, costing around $1,000.
- Driveways and Crossover: Creating new access points includes concrete crossovers, driveways, and curbs, typically ranging from $75 to $100 per square meter.
- Fencing: While not always required, budget around $85 per meter for an 1800mm high fence.
- Earth Works and Retaining Walls: Costs for site-specific earthworks and retaining walls vary; get multiple quotes for accurate budgeting.
- Other Expenses: Site-specific needs may include fire hydrant installation, additional footpaths, and addressing environmental factors. Consult your town planner for a comprehensive list.
- Contingency: Unforeseen expenses can arise, so allocate a 10 to 15% contingency fund to cover unexpected costs.
Successful subdivisions demand thorough planning and financial preparation. Be conservative with your budgeting and consider potential contingencies. While subdivision costs in QLD may seem substantial, careful planning can lead to a successful and rewarding venture. For more information on property subdivisions and how Tenure Solutions can help, visit our website: https://www.tenuresolutions.com.au
Other useful links include :
Queensland Government information: https://www.qld.gov.au/law/laws-regulated-industries-and-accountability/queensland-laws-and-regulations/regulated-industries-and-licensing/regulated-industries-licensing-and-legislation/property-industry-regulation/legal-requirements-for-the-property-industry/subdividing-and-selling-land
Canstar subdivision pricing across Australia: https://www.canstar.com.au/home-loans/subdivide-land-cost/