Subdividing a property has pros and cons that one needs to know before any kind of Suburban subdivision. You can work on subdividing any existing property after meeting all the Council requirements. It is a great strategy if you are looking forward to equity.
Some of the pros of Suburban subdivisions are - you are exclusively looking forward to higher profits. When your project has great magnitude, you can expect a return above your expectation. This brings to the second advantage that is the increase in equity. When you have a suburban subdivision property, you can expect an instant increase in equity through various means. You will have multiple options over the property, which are selling of it, building construction and retaining it or building construction and selling it. You have no limit to what you can actually do with suburban subdivision property. Bet you will have a positive cash flow by either selling the property or paying it off. Smaller blocks are easier to sell rather than working on a big construction.
However, there are some cons that you need to know before investing in the subdivision. You might be unable to sell some of the blocks, as smaller properties are less attractive. With smaller blocks, you make confront decrease in the value. You may also incur surprising costs regarding the removal of trees or utility lines supplies. You may experience a shift in the market and it might become challenging to sell the property. So take a wise decision before subdivision.
