Developments

If you’ve held onto a block of land in Perth for 10 years or more, there’s a good chance you’re sitting on untapped potential. Over the past decade, property values have steadily increased, and zoning reforms have opened new development opportunities, allowing landowners to maximise their investment and generate passive income.

At Summit Developments, we help long-term landowners turn potential into profit, guiding every step from initial design concept and planning to building approvals and construction. Here’s how your land can become a strategic wealth-building asset.

Why Long-Term Landowners are Well-Positioned to Build Wealth 

Owning land for a decade or more comes with unique advantages:

Capital growth:

According to REIWA, the median house price in Perth now sits at $855,000, reflecting significant growth over the last ten years. Well-located suburbs have seen particularly strong appreciation, giving long-term landowners a valuable head start.

Timing flexibility:  

Long-term ownership allows you to wait for favourable market conditions or zoning changes before committing to development.

Expanded development options:

Recent amendments to the Residential R-Codes and Local Planning Scheme provisions have made it easier to subdivide and build multiple properties, opening pathways for extra dwellings and rental income.

This combination creates multiple pathways for wealth creation—from rental income and resale gains to building a diversified property portfolio.

Development Opportunities to Unlock Your Land’s Potential:

Subdivide and Build

Subdivide and building is a powerful way to unlock the value of a larger block. By splitting your land into two or more lots, you can:

  • Sell one or more parcels to realise immediate capital gains
  • Construct multiple dwellings to generate long-term rental income
  • Retain part of the property for personal use or future development

How Summit Developments Maximises ROI for Landowners:

Turning your land into a profitable development requires careful planning and expert guidance. Summit Developments offers:

Initial design concept:

Detailed site and zoning analysis to identify the most profitable development path.

Planning & approvals:  

Full council approval management, ensuring compliance with zoning, R-Codes, and local planning schemes.

Design & construction:  

Contemporary, high-quality homes designed to attract tenants or buyers.

ROI-focused strategy:

Developments are planned with long-term profitability in mind, balancing capital gains and rental yield.

Key Benefits of Developing Your Long-Held Land

Steady Passive Income

Renting out new dwellings provides a reliable revenue stream.

Wealth Creation

Development leverages land appreciation while increasing property value.

Future Flexibility

Properties can be sold, rented, or retained for long-term investment.

Professional Support

Summit ensures council compliance, maximises ROI, and reduces risk.

How To Get Started In Developing Your Property 

If you’ve owned land for 10+ years, now is the perfect time to unlock its potential. Summit Developments can help you:

  • Understand what zoning and planning changes apply to your property
  • Identify the development type that aligns with your goals (subdivision and build to hold or build to sell, single storey dwellings, townhouses)
  • Navigate approvals and design homes that attract tenants or buyers
  • Transform your underutilised land into a profitable investment

Frequently Asked Questions

How do I know if my land is suitable for subdivision or dual occupancy?
Summit Developments assesses your site based on size, zoning, and council regulations to recommend the most profitable development option.

How long does a development project take?
Timelines vary depending on approvals, design complexity, and construction scope. Summit Developments provides clear project plans with milestones from feasibility to completion.

Do I need to live on the land to develop it?
No. Summit Developments manages the entire process whether you live on-site or off-site, ensuring your investment works for you.

Contact Summit Developments today for a free land assessment and find out how your long-held property can become a wealth-building asset.

Speak to our team