Feedback welcome on this: Firstly, I will say upfront, I am by no means an expert on this. I have been provided with quotes for subdividing and knockdown. I have applied these with my calculations on what the possible profit would be. I have discussed with a couple of builders and agents. Some agree, some don't. I'd like to get feedback from the Propertychat community. If I was a developer/builder: Buy land (Eight Mile Plains, Brisbane): $925,000 Demolish house and Pool : $20,000 (quoted) DA and Subdivision works into 2 blocks: $78,000 (quoted) Build 2 houses (2 storey): $700,000 Total: $1,723,000 Sell 2 houses: $2,200,000 Profit before tax: $477,000 If CGT 26% (2020/21): $124,020 Profit after tax $352,980 Profit percentage 20% * no ATO discount or any cost base deductions applied.