3 Isabella Street, MALVERN VIC 3144
Development Feasibility Analysis in Malvern, VIC
A 557 sqm TRZ2 block in Malvern, this site is assessed for 3 townhouses at $2,070,000 each. Revenue of $6.21 million against total costs of $4.59 million produces a net profit of $1.62 million and a development margin of 35.4%. The land cost of $1,905,000 is high but justified by Malvern's sale price levels.
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Frequently Asked Questions
Is 3 townhouses on a 557 sqm site feasible in Malvern?
Yes. The TRZ2 zone supports medium-density development, and the high sale price of $2,070,000 per dwelling makes 3 townhouses viable with a 35.4% margin.
What is the net profit on this project?
$1,623,088. Total costs are $4,586,911 and revenue is $6,210,000.
How does this compare to larger Malvern TRZ2 sites?
Larger sites yield more dwellings and higher absolute profits. The 1,268 sqm Somers Avenue site returns $3.48 million profit on 5 dwellings. This smaller 557 sqm site returns $1.62 million on 3 dwellings.
What is the land cost per sqm on this site?
$1,905,000 on 557 sqm equates to approximately $3,419 per sqm.
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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).