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QLD Likelihood of a zoning law

Discussion in 'Where to Buy' started by FirstTimeBuyer, 10th Sep, 2015.

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  1. FirstTimeBuyer

    FirstTimeBuyer Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    88
    Location:
    Sydney
    I'm looking at a property to buy in Brisbane and currently have a particular interest in houses that are currently in a residential zoned area but close to LMR zoned areas. As I'm thinking of buying and holding for the long term my thought is that if I buy a property close (1 block away) from a LMR zoned area that in the long term (15-25 years) that it will become re-zoned into an LMR as population continues to grow. If/When that does happen then I could knock down and develop.

    Is this something that's likely to happen? Or am I taking a massive gamble with odds stacked greatly against me?
     
  2. Scott No Mates

    Scott No Mates Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    5,588
    Location:
    Sydney or NSW or Australia
    How old is the LEP
     
  3. FirstTimeBuyer

    FirstTimeBuyer Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    88
    Location:
    Sydney
    How do I find out the 'age' of the LEP?