61 Ferol Street, COORPAROO QLD 4151
Development Feasibility Analysis in Coorparoo, QLD
This 1,283 sqm low-medium density site in Coorparoo supports 4 townhouses with a 9.6% development margin on $4,403,038 in costs. Net profit is $420,961 on $4,824,000 in revenue with each townhouse priced at $1,206,000. Land at $1,005,000 is the highest cost component in the Coorparoo sample.
Loading interactive analysis...
Frequently Asked Questions
Is this Coorparoo townhouse project profitable?
Marginally. Net profit is $420,961 on total costs of $4,403,038, a 9.6% margin.
How many dwellings are modelled?
Four townhouses at $1,206,000 each, producing total revenue of $4,824,000.
What is the land cost?
$1,005,000 on the 1,283 sqm Coorparoo site.
Is 9.6% a viable return?
It is below the 15-20% threshold most developers require. The project would need higher sale prices or lower land costs to be considered comfortably viable.
More Reports in Coorparoo
Nearby Suburbs
DISCLAIMER: This analysis is generated by automated algorithms for informational purposes only. It does not constitute financial, investment, or legal advice. Actual development costs, revenues, and returns may vary significantly from these estimates. Users should consult qualified professionals including a registered quantity surveyor, accredited town planner, and solicitor before making any investment decisions. DA Leads Australia Pty Ltd holds no Australian Financial Services Licence (AFSL) and is not authorised to provide financial product advice under the Corporations Act 2001 (Cth).