7 Andrew Street, OAKLEIGH VIC 3166
Development Feasibility Analysis in Oakleigh, VIC
This 603 sqm GRZ3 block in Oakleigh supports a duplex configuration at two dwellings. Revenue of $2,287,800 falls short of total project costs of $2,658,888, resulting in a $371,088 loss. The negative 14.0% margin makes this development unprofitable at the current land price of $822,000.
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Frequently Asked Questions
What development type is modelled for this Oakleigh property?
A duplex with two dwellings is the assessed configuration under GRZ3 zoning.
What is the margin on this project?
The margin is negative 14.0%, with a net loss of $371,088.
What is the land cost relative to total project cost?
Land is $822,000 out of a total project cost of $2,658,888, representing about 31% of total spend.
What sale price is used per dwelling?
Each duplex unit is modelled at $1,143,900.
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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).