11A Winchester Street, SOUTHPORT QLD 4215
Development Feasibility Analysis in Southport, QLD
Southport's low-medium density zone allows a duplex on this 599 sqm site, but at $761,250 land cost the project is deeply unprofitable. Total costs of $2,402,498 exceed revenue of $1,827,000 by $575,498, a negative 23.9% margin. Each unit is priced at $913,500, which is consistent with other Southport sites in this report.
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Frequently Asked Questions
Is the duplex at 11A Winchester Street viable?
No. The project loses $575,498 at a negative 23.9% margin.
What is the modelled sale price per unit?
$913,500 per duplex dwelling.
What is the land cost and site size?
599 sqm at $761,250.
How does this site compare to 1176/56 Scarborough Street in Southport?
The higher land cost here ($761,250 vs $510,000) results in a much larger loss ($575,498 vs $226,359) despite similar dwelling counts.
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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).