179 Wattle Valley Road, CAMBERWELL VIC 3124

Development Feasibility Analysis in Camberwell, VIC

179 Wattle Valley Road, CAMBERWELL VIC 3124
NRZ1 zoning on this 602 sqm Camberwell site limits the project to a duplex and the result is a loss. Total cost of $3,737,481 exceeds revenue of $3,497,400, producing a net loss of $240,081 at -6.4%. Land at $1,680,000 is the primary cause, leaving no room for construction costs within the two-dwelling revenue cap.

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Frequently Asked Questions

Is the duplex at 179 Wattle Valley Road financially viable?
No. The project produces a net loss of $240,081 at -6.4% margin. Total cost is $3,737,481.
What is the land price and why does it cause a loss?
Land is $1,680,000. With NRZ1 limiting the site to two dwellings at $1,748,700 each, revenue is only $3,497,400, insufficient to recover total costs.
What zone applies to this site?
NRZ1 (Neighbourhood Residential Zone 1), which restricts development to two dwellings on most residential lots.
How does this compare to other NRZ1 Camberwell sites?
104 Glyndon Road (land $1,500,000) loses $45,596. 179 Wattle Valley Road (land $1,680,000) loses $240,081. Higher land price is the key differentiator.

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).