Feasibility › VIC › Camberwell › 28 Lynden Street, CAMBERWELL VIC 3124

28 Lynden Street, CAMBERWELL VIC 3124

Development Feasibility Analysis in Camberwell, VIC

NRZ3 zoning on this 678 sqm Camberwell site limits the project to a duplex, and the result is a negligible breakeven. Total cost and revenue are both approximately $3,497,000, producing a net profit of $593 at 0.0%. Land at $1,457,250 and the two-dwelling yield cap are the binding constraints.

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Frequently Asked Questions

Is the duplex at 28 Lynden Street financially viable?

Technically breakeven with $593 net profit. In practical terms, the project offers no meaningful return on a $3.5 million investment.

What zone applies here?

NRZ3 (Neighbourhood Residential Zone 3), which limits development to two dwellings per lot.

What sale price is used per dwelling?

$1,748,700 per dwelling. Two dwellings generate $3,497,400 in total revenue.

Why does Camberwell's high sale price not produce a better result?

NRZ3 caps yield at two dwellings. With land at $1,457,250 and construction costs, the two-dwelling revenue barely covers total project costs.

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Nearby Suburbs

Thornbury (8) Northcote (5) Coburg (5) Clayton (5) Preston (5)

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).