Browse through our many articles from experts who are currently in the market and making money from property development. Learn about property renovations, the property development process, plus lots more….
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A Building Certificate is a certificate issued by Council stating it will not make certain Orders or take certain action under the Environmental Planning & Assessment Act 1979 or the Local Government Act 1993. To Order or take proceedings for an Order to have the building (covered by the certificate) demolished, altered, added to or…
We’re on the home stretch now…. It’s almost hard to believe that The Block is coming to an end, making this room reveal even more crucial. Each studio apartment had an element to love and each created a very different space for the potential buyer. In the end it all came down to style and…
In the following article, Bryce Yardney, Property Development Specialist at Metropole, explains how you might tackle the hurdles and requirements to get your development underway. One of the biggest hurdles faced by any property developer – whether a seasoned veteran or a green beginner – is the bureaucratic maze known as the planning permit or development approval process….
It happens this time every year. The TV show “The Block” inspires a new wave of investors keen to get involved in renovating and “flipping’ properties. Just to make things clear “flipping” is where you purchase a property and then on sell it within a short period of time for a higher price, usually…
It what felt like the most dramatic telenovela kind of week in all of The Block’s history – viewers expected the same amount of ‘drama’ to translate onto the backyards. Which leaves the question – did they? There was certainly a lot to talk about; amazing pools, lavish plants and dreamy dining areas just to…
In this article, Bryce Yardney, Property Development Specialist at Metropole, talks us through the feasibility of a development project and whether or not to pursue it. Undertaking a property development requires many months of preparation before you actually get to see your hard labour bare any fruit. As we’ve already covered in previous articles in this series, there’s the groundwork of…
Have you watched too many episodes of popular television shows like The Block? Feeling inspired to take a run down wreck and make it new again? It all looks so simple and glamorous, with random ‘beautiful people’ tucking their perfectly styled hair into oddly flattering hardhats. But the reality of a large-scale renovation project is very…
In these changing times when property investors can no longer count on double digit price growth many are considering getting started in property development to help them ‘manufacture’ some capital growth. In fact one of the most read blogs on this site is How to Get Started in Property Development. It all sounds so simple. So…
In this article, Bryce Yardney, Property Development Specialist at Metropole talks us through the risks involved in property development so you know how to manage them. Many investors approach property development with rose coloured glasses, but in order to minimise your risks and maximise your chances of turning a good profit (remember you want at least 15 per cent on…
If you’re interested in getting involved in property development, or even if you’re keen to do serious renovations, there is an important principle you must understand. It’s the basis of all feasibility studies and it’s called highest and best use. Just like smart businesses try and maximise the return on their assets, so should you…
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