85 Prospect Hill Road, CAMBERWELL VIC 3124

Development Feasibility Analysis in Camberwell, VIC

85 Prospect Hill Road, CAMBERWELL VIC 3124
HCTZ2 zoning on this 697 sqm Camberwell site supports three townhouses at a marginal 9.6% return. Total cost is $4,788,369 and revenue is $5,246,100, producing a net profit of $457,730. Land at $1,740,000 is near the upper end for this zone and compresses what would otherwise be a stronger margin.

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Frequently Asked Questions

Is the 3-townhouse project at 85 Prospect Hill Road profitable?
Marginally. Net profit is $457,730 at 9.6% on total costs of $4,788,369.
What zone applies to this site?
HCTZ2, which supports medium-density residential development including townhouses.
How does the land price affect the margin here?
Land is $1,740,000, higher than comparable HCTZ2 sites in Camberwell. Lower land cost on similar sites yields 28.8% margin versus 9.6% here.
What is the assumed sale price per townhouse?
$1,748,700 per dwelling. Three dwellings produce $5,246,100 in total revenue.

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).