29 Eagleridge Promenade, TARNEIT VIC 3029
Development Feasibility Analysis in Tarneit, VIC
Three apartments on this 540 sqm GRZ1 block in Tarneit produce total revenue of $1,175,625 at $391,875 per dwelling. Project costs reach $2,165,937, producing a loss of $990,312. The negative 45.7% margin is one of the worst in this dataset, confirming apartments are structurally unviable in Tarneit.
Loading interactive analysis...
Frequently Asked Questions
What is the development outcome for this Tarneit site?
A net loss of $990,312 at a negative 45.7% margin. The project is deeply unprofitable.
What apartment price is used in the model?
$391,875 per dwelling based on Tarneit apartment sales data.
How does the land cost compare to the revenue?
Land is $474,000 but total revenue is only $1,175,625. Land alone represents 40% of total revenue.
How many apartments fit on this 540 sqm block?
Three apartments under GRZ1 zoning.
More Reports in Tarneit
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).