127 Fyffe Street, THORNBURY VIC 3071

Development Feasibility Analysis in Thornbury, VIC

127 Fyffe Street, THORNBURY VIC 3071
This 1,086 sqm GRZ2 block in Thornbury supports four townhouses at 185 sqm each. Revenue of $5,040,000 at $1,260,000 per dwelling exceeds project costs of $4,771,588 by $268,411. The 5.6% margin is marginal but profitable, with sale prices benchmarked at 90% of Thornbury's $1,400,000 median house price.

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Frequently Asked Questions

Is this Thornbury development profitable?
Yes, marginally. Net profit is $268,411 at a 5.6% margin.
What sale price is used per townhouse?
$1,260,000 per dwelling, benchmarked against Thornbury's $1,400,000 median house price.
How many townhouses fit on this 1,086 sqm block?
Four townhouses under GRZ2 zoning.
What is the total project cost?
$4,771,588, including land at $1,074,000.

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Nearby Suburbs

Camberwell (9) Doncaster (5) Northcote (5) Clayton (5) Coburg (5)

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).