44 Mackie Street, VICTORIA PARK WA 6100
Development Feasibility Analysis in Victoria Park, WA
Four townhouses are modelled on this 1,017 sqm R-coded block in Victoria Park at $891,000 each. Revenue of $3,564,000 falls $297,735 short of total project costs of $3,861,735. The negative 7.7% margin makes the project unprofitable, though the loss is smaller than comparable outer suburban sites.
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Frequently Asked Questions
What is the development outcome for this Victoria Park site?
A net loss of $297,735 at a negative 7.7% margin. Not viable.
How many townhouses are modelled?
Four townhouses on a 1,017 sqm R-coded block.
What sale price is used per dwelling?
$891,000 per townhouse based on Victoria Park sales data.
What is the land cost?
$643,500 for the 1,017 sqm block.
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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).