Can I just put up a fence and split my property title? Through the grape-vine, we hear that a 1 into 2 subdivision usually costs around $60-70k in total but in reality, in Queensland, you're more looking at somewhere between $100-150k depending on various factors. But where is all that money spent?
Using a '1 into 2' subdivision as an example, we have listed some indicative costs associated with a taking the project from concept through to titling below. I will note that the below approximate costs do not include the cost of acquiring the property, mortgage/interest, holding costs, real estate fees…etc.
Stage #1: Town Planning Approval
PropertEASE report $20
Town planning Professional fee $3850
Town planning Council fee $3300
Subdivision proposal plan $1650
Concept infrastructure/services plan $1650
TOTAL: $10,470 (incl. GST)
Stage #2: Construction & Design
Project management $4000-8000
Site Establishment $1000-2000
Tree clearing $2000-10000
Earthworks $35/cubic metre
Stormwater (varies with complexity) $3000-10,000
Sewer (varies with complexity) $4000-15,000
Water (more expensive dependent upon the location of services) $3,000-10,000
Sediment and Erosion Control $500-2000
Driveways/Crossovers (if required) $5000-8000
Electrical/Telecommunications (varies dependant upon service required) $1000-15,000
Civil engineering design $5000-10,000
QUU fees (Water and sewer) $2400
BCC Operational works fees $1600
Energex / Audit fees $2500
Live Line Fee (Provisional Energex Fee) $2000
TOTAL $37,000-96,700 (incl. GST)
Stage #3: Plan Sealing
Infrastructure charges $28,500 per lot
Standard format plan $4000
Council fees $1700
BCC sealing fees $1600
BCC Legal fees $500
Solicitor fees (for easements…etc.) $1500
DNRM fees $600
TOTAL $38,400 (incl. GST)
TOTAL COSTS:
Stage #1: Town planning approval $10,470
Stage #2: Design and Construction $37,000-96,700
Stage #3: Plan Sealing $38,400
TOTAL: $85,870-145,570 (incl. GST)*
The success of a development can really be determined by the project team that you establish from the start. So who are the key people that need to be involved from the beginning? The key members of the team should follow:
• Private consultant town planner
General engineering firm (e.g. civil and hydraulic engineers); Surveyor.With the above combination, you should be looked after with most aspects of the development but some additional professionals may be required dependant upon the specific circumstances of your lot. For example, an ecologist, traffic engineer, arborist, noise consultant…etc. Nevertheless, once you're ready to progress with a development, the first point of call should be a local town planner who should have some reliable contacts for you.
*cost is an estimate only and could very significantly and change over time.