11 Skiff Street, SOUTHPORT QLD 4215
Development Feasibility Analysis in Southport, QLD
A duplex on this 607 sqm Southport block produces a $575,498 loss at a negative 23.9% margin. Land at $761,250 is the primary driver of the shortfall, with total costs of $2,402,498 against revenue of $1,827,000. Sale prices of $913,500 per unit cannot recover a land cost representing 42% of the project budget.
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Frequently Asked Questions
Is a duplex at 11 Skiff Street Southport financially viable?
No. The project loses $575,498, a negative 23.9% margin.
What is the main cause of the large loss?
Land at $761,250 is high relative to the $913,500 achievable sale price per unit on a 2-dwelling project.
What is the total project cost?
$2,402,498 against revenue of $1,827,000.
What site area applies?
607 sqm in Southport's low-medium density residential zone.
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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).