9 Myambert Avenue, BALWYN VIC 3103
Development Feasibility Analysis in Balwyn, VIC
Balwyn's NRZ3 zone restricts this 743 sqm site to a duplex, producing the same $85,626 loss seen across comparable NRZ-zoned Balwyn sites. Total costs are $3,379,626 against revenue of $3,294,000 at $1,647,000 per unit. The suburb median house price is $1,830,000 and median unit price is $751,000, confirming the high-value location but limited duplex returns.
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Frequently Asked Questions
Is the duplex at 9 Myambert Avenue Balwyn viable?
No. It loses $85,626 at negative 2.5% margin, consistent with other Balwyn NRZ duplex sites.
What is the duplex sale price per unit?
$1,647,000 per dwelling.
What suburb price data is available for Balwyn?
Median house price is $1,830,000 and median unit price is $751,000.
What zone applies?
NRZ3 (Neighbourhood Residential Zone 3), Balwyn VIC 3103.
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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).