139 Rossmoyne Street, THORNBURY VIC 3071

Development Feasibility Analysis in Thornbury, VIC

139 Rossmoyne Street, THORNBURY VIC 3071
This 481 sqm GRZ2 block in Thornbury supports a duplex at two dwellings. Revenue of $2,520,000 from two units at $1,260,000 each falls $316,477 short of total project costs of $2,836,477. The negative 11.2% margin and $960,000 land price make the project unprofitable at current conditions.

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Frequently Asked Questions

Why is a Thornbury duplex unprofitable despite high sale prices?
Land at $960,000 on a 481 sqm block is costly, and two-dwelling revenue of $2,520,000 cannot cover the combined land and construction costs.
What is the net loss?
$316,477 at a negative 11.2% margin.
What sale price is modelled per dwelling?
$1,260,000 per duplex unit.
How does this compare to 335 Gillies Street Thornbury?
Gillies Street produces a $988,407 profit at 24.4% margin. The difference is TRZ2 zoning allowing four dwellings versus two here.

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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).