DV 310 to reshape the Inner North

If you can’t beat ’em then join ’em.

I’ll buy your block for above market rate so i can squeeze as many units as possible to make my self richer. Everybody WINS!!!

I am a little confused. As a home owner in the RZ-4 area near Morphett St, I am wondering what this means for me. I love my old house, but I am interested in future development potential as well as the possibility of rebuilding on the block to have a lovely 4br home in the Inner North… Comments and opinions would be greatly appreciated.

triffid said :

georgesgenitals said :

The inner north is ripe for knockdown and rebuilds of dream homes rather than units. I’m thinking seriously about finding a nice block with a crappy old house (although not inner north, rather Yarralumla or Deakin) with a view to holding for a few years and then building a large family home to live in.

I suspect people who hold property in the inner north may consider the same. The plot ratio change reduces the profitability of a development project for units.

It might be ripe, george, but it ain’t rife. I’m in that wonderful shaded area bounded by Wakefield / Northborne / Morphett / Cowper (loosly). Even my four year old understands what a ‘for sale’ sign means in that area (“Daddy, they’re going to smash that house up soon and build new ones, aren’t they?” and that’s ‘unquote’. Note the plural for new ones). I can only hope it does make a unit development unprofitable.

Time for me to backflip. I followed the link and read the document, and the chages will make it EASIER to develop profitably, not harder. Forget the dream home scenario, it’s gunna be units all the waaaaaaay!

Hopefully inner north residents will have learned from the slum developments of Kingston … and will hang onto their houses on big blocks.

georgesgenitals said :

The inner north is ripe for knockdown and rebuilds of dream homes rather than units. I’m thinking seriously about finding a nice block with a crappy old house (although not inner north, rather Yarralumla or Deakin) with a view to holding for a few years and then building a large family home to live in.

I suspect people who hold property in the inner north may consider the same. The plot ratio change reduces the profitability of a development project for units.

It might be ripe, george, but it ain’t rife. I’m in that wonderful shaded area bounded by Wakefield / Northborne / Morphett / Cowper (loosly). Even my four year old understands what a ‘for sale’ sign means in that area (“Daddy, they’re going to smash that house up soon and build new ones, aren’t they?” and that’s ‘unquote’. Note the plural for new ones). I can only hope it does make a unit development unprofitable.

The inner north is ripe for knockdown and rebuilds of dream homes rather than units. I’m thinking seriously about finding a nice block with a crappy old house (although not inner north, rather Yarralumla or Deakin) with a view to holding for a few years and then building a large family home to live in.

I suspect people who hold property in the inner north may consider the same. The plot ratio change reduces the profitability of a development project for units.

Terrific. Pretty soon, one presumes, the kiddies from Office of Reg Services will start heading down my street of an evening while wondering just who holds the licences for the used car dealerships that evidently exist after normal business hours. Seriously . . . I regularly see 5 cars jammed onto the footpath frontage for the 2 story unit block (built on a ‘normal’ house block) next to me. This is sure to help.

Grail said :

Ah, ABC129, you are just a victimi of johnboy’s poor writing style. Try this version on for size:

Draft variation 310 proposes to lift the current restrictions, which limit building heights to two storeys and plot ratios to 65%. With the lifting of these restrictions the previous limits of up to three storeys and plot ratios of 80% will apply.

Make sense now?

Unable to understand quotes Grail?

Ah, ABC129, you are just a victimi of johnboy’s poor writing style. Try this version on for size:

Draft variation 310 proposes to lift the current restrictions, which limit building heights to two storeys and plot ratios to 65%. With the lifting of these restrictions the previous limits of up to three storeys and plot ratios of 80% will apply.

Make sense now?

Going from 3 storeys and 80% plot ratio to 2 storeys and 60% plot ratio doesn’t exactly sound like a “lifting” of restrictions to me.