45 Somers Avenue, MALVERN VIC 3144
Development Feasibility Analysis in Malvern, VIC
Malvern's TRZ2 zone enables strong development returns. This 1,268 sqm site is assessed for 5 townhouses at $2,070,000 each, producing total revenue of $10.35 million against costs of $6.87 million. Net profit is $3.48 million and the development margin is 50.6%, making this the highest-margin site in the analysis.
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Frequently Asked Questions
What produces such a high margin on this Malvern site?
High sale prices of $2,070,000 per townhouse combined with 5 dwellings and moderate land cost of $1,725,000 generate revenue well above total costs. Revenue of $10.35 million on costs of $6.87 million produces a 50.6% margin.
What sale price benchmark applies to Malvern townhouses?
$2,070,000 per dwelling. Five dwellings generate total revenue of $10,350,000.
What zone does this site fall under?
TRZ2, which permits medium to high-density residential development. This enables 5 townhouses on a 1,268 sqm site.
How does this compare to other viable sites in this dataset?
At $3,477,683 net profit and a 50.6% margin, this is the highest-performing site in the entire dataset. The next closest is 2 Silver Street, Malvern, at 50.8% margin but slightly lower absolute profit.
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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).