I brought the house in Quinns Rocks late 2012 as PPOR / Investment due to the purposed R60 zoning change, which at the time was planned as Priority 2 infill for the City of Wannerroo (after Koondoola & Girrawheen which has recently been completed). Back then I had 7-10 years in my head for this to happen. The block is currently R20 and is 931sqm. Previous owners had plans drawn up and submitted to council for a battle-axe subdivision retaining the original home. If I was to subdivide the rear block, could I build a 4x2 double storey home on the top half of the rear block with the future view of splitting the block again horizontally when / If the zoning changes? Obviously need to consider the current R20 building guidelines, but to me it seems like i can retain the full development potential of the block without regret spend on the original home. It allows me to re-value the block for equity, build the rear home while living at the front, then have the option to rent the front out when i move into the back home. I recently toyed the idea of adding a double storey to the existing home, but at around 200k with nowhere near as much value add, its lost money. If this idea works, then the front block essentially becomes a 2-3 unit site utilising the side driveway / street frontage or could be a reno project. Picture attached below.