Mr and Mrs D came to me last week looking for a knock down rebuild price on their land 860m/2 and a corner lot. 

We discussed the possibility of constructing two town houses and the costs associated. Demolition came in at $14k and the construction for two 25 square homes around $650k they were very interested. We are currently designing the two town homes with an intention of lodging a planning application to the Manningham council in six week time. 

The planning approval usually takes around six to seven months if planned properly and you don’t try to push the building envelope too far. With a shortage of land in the Donvale/Doncaster that hasn't been built on many people are looking at knock down rebuilds in these ideal suburbs.