51 Goldieslie Road, INDOOROOPILLY QLD 4068
Development Feasibility Analysis in Indooroopilly, QLD
Indooroopilly's low-medium density zone allows a duplex on this 607 sqm block, but at $922,500 land cost the project is unprofitable. Total costs of $2,623,695 against revenue of $2,214,000 produce a $409,695 loss, a negative 15.6% margin. Sale prices of $1,107,000 per unit are insufficient to cover land, construction, and holding costs at this price point.
Loading interactive analysis...
Frequently Asked Questions
Is a duplex at 51 Goldieslie Road financially viable?
No. The project shows a loss of $409,695 on total costs of $2,623,695, a margin of negative 15.6%.
What sale price per duplex unit is modelled?
$1,107,000 per dwelling.
What is the land size and price?
607 sqm purchased at $922,500.
What is the main reason the duplex is not viable?
The land price at $922,500 is too high relative to achievable sale prices in the $1,107,000 range for duplex units in this location.
More Reports in Indooroopilly
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).