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Feasibility Assessment

The first step in any development is to determine whether it is feasible and the likely Return On Investment (ROI).

  1. Does the planning zone, overlays, neighbourhood character and other legislative and council restrictions allow the type of development envisaged? 

  2. What size of dwellings are possible given these restrictions?

  3. What type of dwellings are selling in the area, for how much and how long might a given type of dwelling take to sell?

  4. Factoring in the above what type and number of dwellings should provide the greatest Return on Investment (ROI)?

  5. How much should it cost to build these dwellings on this site (considering the slope of the block, access and other factors)?

  6. What are all the other development costs; surveyor, building designer, town planner, the many different council fees, authority fees (for services including power, water, sewer, NBN), demolition, subdivision, owners corporation, etc?

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A Property Advance Feasibility Assessment addresses these questions and provides a comprehensive cost estimate which our clients tell us is surprisingly cost effective. Contact us today for a quote. Most Feasibility Assessments are completed within 7 days (depending on complexity).

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Download an Example Feasibility Report in PDF format:

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To arrange a no obligation discussion of your project contact us today or email the following details to info@propertyadvance.com.au:

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  • Your name

  • Contact Phone

  • Property Address

  • A copy of the property Title Plan (or we can arrange a copy from Land Victoria for $30)

  • If you have a preference for the number or type of dwellings please include this

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