By Elizabeth Tilley - Courier Mail - Page 3
Large land parcels of 800 sqm or more, known as ‘golden’ or ‘splitter’ blocks, have become a dying breed in the city’s inner and middle rings. More often than not they sell before making it to the market, having been snapped up by savvy investors or developers, who can subdivide them.
A report by Place Advisory reveals just how many of these coveted properties remain within 10km of Brisbane’s CBD. The report found the suburb of Annerley, in Brisbane’s inner south, had the highest number of splitter blocks in the city at 337, followed by Coorparoo (298) and Camp Hill (285).
Place Advisory director Lachlan Walker said one of the main benefits of owning such a block was that it could remove the need to subdivide a new property, saving hassle and money.