49 Margaret Street, WERRIBEE VIC 3030
Development Feasibility Analysis in Werribee, VIC
This 699 sqm GRZ1 block in Werribee is modelled for three apartments at $403,750 each. Revenue totals $1,211,250 against project costs of $2,086,571, producing an $875,321 loss. Land at $396,000 is slightly lower than comparable Werribee sites but insufficient to bring the project into profitable range.
Loading interactive analysis...
Frequently Asked Questions
What is the development margin for this Werribee site?
Negative 42.0%, with a net loss of $875,321.
How does land cost compare to nearby Werribee sites?
Land here is $396,000, lower than the $450,000 at 14 Pante Place, but the project is still deeply unprofitable.
How many apartments are modelled?
Three apartments on a 699 sqm GRZ1 block.
What is the total project cost?
$2,086,571, against revenue of $1,211,250.
More Reports in Werribee
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).