What to look at when doing your first subdivide &develop in terms of numbers

Discussion in 'Development' started by ross100, 17th Jul, 2015.

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  1. ross100

    ross100 Well-Known Member

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    looking to subdivide a block and built a single dwelling at the back
    How to stack up the number for profitability on paper even before you start looking for council approval etc.
     
    ross100, 17th Jul, 2015
    #1
  2. 380

    380 Well-Known Member

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    Location:
    Australia
    Cost of land (prior and post of subdivision, in your case)
    Cost of construction
    Cost of Contribution charges to various govt authorities
    Holding Cost
    Selling Cost
    Professional Fee
    Comparable re-sale value

    are few things to consider!
     
    380, 17th Jul, 2015
    #2
  3. ross100

    ross100 Well-Known Member

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    Location:
    Melbourne
    Thanks Be Developer
     
    ross100, 17th Jul, 2015
    #3
  4. Paul@PAS

    Paul@PAS Tax, Accounting + SMSF + All things Property Tax Business Plus Member

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    Ross, BeDev had a calculator on his website under resources that I have found good for feasibility.... Might be worth a look.
     
    Paul@PAS, 17th Jul, 2015
    #4
    380 likes this.
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