3 Whitehorse Road, BALWYN VIC 3103
Development Feasibility Analysis in Balwyn, VIC
Balwyn's GRZ5 zone enables a higher-density 4-townhouse outcome on this 1,100 sqm site, delivering a strong 24.6% margin. Total project cost is $5,289,016 against revenue of $6,588,000, producing $1,298,983 net profit. At $1,647,000 per townhouse and $1,372,500 land cost, this is the standout result in the Balwyn group.
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Frequently Asked Questions
Is the townhouse project at 3 Whitehorse Road Balwyn viable?
Yes. The project returns $1,298,983 net profit at a 24.6% margin, a strong development outcome.
What zone applies and why does it matter?
GRZ5 (General Residential Zone 5) allows 4 townhouses on this site, compared to NRZ-zoned Balwyn sites that are limited to duplexes.
What is the sale price per townhouse?
$1,647,000 per dwelling, consistent with Balwyn comparable sales.
What is the total project cost and land area?
1,100 sqm site, total project cost $5,289,016, total revenue $6,588,000.
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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).