190 Wattle Valley Road, CAMBERWELL VIC 3124

Development Feasibility Analysis in Camberwell, VIC

190 Wattle Valley Road, CAMBERWELL VIC 3124
NRZ1 zoning on this 790 sqm Camberwell site limits the project to a duplex, and the result is effectively breakeven. Total cost is $3,496,806 and revenue is $3,497,400, producing a net profit of just $593 at 0.0% margin. At land values of $1,457,250, duplex development in Camberwell's NRZ1 is not financially meaningful.

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Frequently Asked Questions

Is a duplex at 190 Wattle Valley Road profitable?
Technically yes, with $593 net profit on $3.5 million in costs. In practical terms, this is breakeven.
What zone restricts this site to a duplex?
NRZ1 (Neighbourhood Residential Zone 1). The zone caps development at two dwellings on most residential lots.
What is the sale price per dwelling assumed?
$1,748,700 per dwelling. Two dwellings produce $3,497,400 in total revenue.
Why is the margin at zero despite high Camberwell sale prices?
Land at $1,457,250 consumes most of the revenue uplift. With only two dwellings permitted, there is insufficient yield to generate a meaningful return.

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).