Capital City Hotspots with Subdivision Potential

With a budget of around $800k, which suburbs are the likely best hot spots in capital cities (particularly Sydney, Melbourne and Brisbane) for properties with subdivision potential?

Ideally, these hotspots should be already zoned for subdivision or be expected to be zoned in couple of years.

Cheers

 

Perth - can get a triplex inner city for that money

 

What sort of yield? Perth may not be a bad long term strategy?

 

low yields and depends on if it's a dump on a big block or a reasonable house. Perth is near-bottom, good time to start looking at the least.

 

Where are you liking in Perth for subdivision potential + long-term CG @JohnPropChat ?

 

Your not going to get Sydney unless it is a burnt down house.

Lot of places in Mel, Bris also has lots of splitters, but competition for these is all high so you pay through the nose & everyone is onto it.

 

I previously looked into Bayswater until I lost out on a triplex that is now rezoned under the town-center plan. So I am currently keeping an eye on Maylands, Bayswater (Second time's the charm), Inglewood (but quite frankly too many heritage homes). and surroundings (Bedford)

I also looked at Lathlain but didn't see interesting stock. Vic Park is cool too but hard to find triplex block in that budget.