6 Buttercup Lane, POINT COOK VIC 3030
Development Feasibility Analysis in Point Cook, VIC
Point Cook's GRZ1 zone allows apartment development on this 634 sqm site, with six dwellings modelled. Sale prices of $467,875 per apartment generate total revenue of $2,807,250, well below the project cost of $3,932,303. The resulting loss of $1,125,053 reflects a negative 28.6% margin.
Loading interactive analysis...
Frequently Asked Questions
Why is an apartment project unprofitable in Point Cook?
Apartment sale prices in Point Cook average $467,875, which is insufficient to cover construction and land costs at this scale.
How many dwellings are modelled on this 634 sqm block?
Six apartments are modelled under the GRZ1 zone parameters.
What is the total project cost?
Total project cost is $3,932,303, including land at $585,000.
What is the development margin?
The margin is negative 28.6%, representing a loss of $1,125,053.
More Reports in Point Cook
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).