199 Broun Avenue, MORLEY WA 6062
Development Feasibility Analysis in Morley, WA
On Broun Avenue in Morley, this 731 sqm medium and high density residential block supports four apartments at $541,500 each. Total revenue of $2,166,000 does not cover project costs of $2,665,699, resulting in a $499,699 loss. The negative 18.8% margin is consistent with the Morley apartment assessments across this dataset.
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Frequently Asked Questions
What is the development margin for this Morley apartment project?
Negative 18.8%, with a net loss of $499,699.
How many apartments are modelled?
Four apartments on a 731 sqm medium and high density residential block.
What sale price is used per apartment?
$541,500 per dwelling based on Morley apartment market data.
What is the total project cost?
$2,665,699, including land at $534,300.
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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).