5 Tamborine Way, CAROLINE SPRINGS VIC 3023
Development Feasibility Analysis in Caroline Springs, VIC
Another GRZ1 house-and-land site in Caroline Springs, this 454 sqm block produces a loss of $503,599 at -41.2%. Sale value of $719,250 is well below total costs of $1,222,849, including land at $453,000. The result is consistent with other Caroline Springs assessments where residential sale values are structurally insufficient to support development economics.
Loading interactive analysis...
Frequently Asked Questions
Is the house-and-land project at 5 Tamborine Way financially viable?
No. Net loss is $503,599 at -41.2% margin. Total cost is $1,222,849 against a sale value of $719,250.
What is the land price and how does it compare to end value?
Land is $453,000 for 454 sqm. The end sale price of $719,250 means land alone represents 63% of the total sale value before construction.
What zone applies to this site?
GRZ1. Development is permitted, but the local sale price benchmarks make profitability unachievable.
Is Caroline Springs fundamentally unsuitable for development?
Based on this analysis, current land and build costs exceed achievable sale values across all project types assessed in this suburb.
More Reports in Caroline Springs
Nearby Suburbs
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).