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Subdivision fees, also known as development fees or impact fees, are charges imposed by a government or municipality on a developer or builder for the construction of new homes or other buildings.
Subdivision fees are typically used to pay for the infrastructure and services that is needed to support the new development, such as roads, water and sewer lines, schools, and parks.
A subdivision fee calculator is a tool that helps developers and builders estimate the total cost of these fees, which can be a significant portion of the overall cost of a under development project.
By using a calculator, developers and builders can better plan their budgets and make informed decisions about the feasibility of a project
Using this tool you can find the lodgement fee payable for a plan of subdivision. Just enter the amount of parcel and number of owners corporation rules.
This tool is very helpful when you need to know the payable lodgement fee for a plan of subdivision according to the amount of parcels created by the plan and the number of owners corporation rules lodged with the plan.
According to the Owners corporation notification of making rules 27E(1)SA (formerly known as OC5) forms are lodged to register additional owners corporation rules that replace or supplement the model rules – model rules are automatically applicable for all owners corporations in Victoria.
Parcel: A parcel is each lot, road, reserve and common assets created in the plan. This calculator applies to plans lodged on or after 1 July 2020 and before 30 June 2021.