35 Haase Crescent, ORMEAU QLD 4208
Development Feasibility Analysis in Ormeau, QLD
Three townhouses are modelled on this 1,003 sqm Ormeau site under the low-medium density residential zone. Total revenue of $2,194,425 falls $790,117 short of project costs of $2,984,542, producing a negative 26.5% margin. At $609,562 land cost, even the reduced dwelling count cannot make the numbers work against $731,475 sale prices.
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Frequently Asked Questions
Is a 3-townhouse project at 35 Haase Crescent financially viable?
No. The project produces a $790,117 loss at a negative 26.5% margin.
What is the total project cost and revenue?
Total cost $2,984,542; total revenue $2,194,425.
What sale price is used per townhouse?
$731,475 per dwelling based on Ormeau market data.
Is the smaller lot size a factor?
At 1,003 sqm the lot supports fewer dwellings than larger nearby sites, but fewer units does not improve margin when fixed costs remain high.
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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).