Actually related to an existing thread, but in more general terms: VIC - IP#3 Some points of differences Suburb at the end of gentrification: Low risk, low reward. Higher cost of block. Sub-divisible blocks difficult to find Easy adoption of subdivision by local population and councils Suburb at the beginning of gentrification: High risk, High reward. Lower cost of block. Sub-divisible blocks easy to find Difficult adoption of subdivision by local population (higher objections by neighbors) and councils I am leaning towards the latter, but need to hear more reasons and experiences.