17 Beau Vista Drive, CRAIGIEBURN VIC 3064
Development Feasibility Analysis in Craigieburn, VIC
A 4-townhouse project on this 797 sqm CDZ1 site in Craigieburn produces a significant loss. Total costs of $3,119,781 exceed revenue of $2,304,000 by $815,781, a margin of -26.1%. Townhouses priced at $576,000 each reflect local sale values, but these are not sufficient to cover land at $480,000 and construction for four dwellings.
Loading interactive analysis...
Frequently Asked Questions
Is the 4-townhouse project at 17 Beau Vista Drive viable?
No. Net loss is $815,781 at -26.1% margin. Revenue of $2,304,000 falls $815,781 short of total costs of $3,119,781.
What zone applies to this site?
CDZ1 (Commercial Development Zone 1), which permits residential development but does not improve local sale values.
What sale price per townhouse is assumed?
$576,000 per dwelling. Four townhouses generate $2,304,000 in total revenue.
How does this compare to the apartment project on Parkside Rise?
Both projects lose money in Craigieburn. The apartment project loses $1,345,990 at -35.7%. The townhouse project loses $815,781 at -26.1%. Townhouses perform relatively better but remain unprofitable.
More Reports in Craigieburn
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).