Stumbled upon this article from Money Magazine. It's called How Savvy Investors Can Cash in on Suburban Zoning Changes.
It shares some great tips. This one's particularly interesting:
It’s all about adding value. If you buy an 800sqm corner block with a single house and are able to subdivide, you’ve created a second home site at low cost.
You can build a second house and accelerate the wealth-creation process – or on-sell with the approval in place.
Such opportunities are plentiful, both in capital cities and regional centres. The regional ones are becoming popular because the buy-in ...