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Latest posts
Local Council Due Diligence done by property developers
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As a property developer I choose the suburbs where I undertake developments very carefully. If I’m planning to undertake a development to sell at a profit (something I don’t do anymore – I’m a long term holder of the properties I develop) I look for very different criteria than if I’m planning to hold the…

10 things you need to know before tackling a renovation project
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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…

Land banking - the property development strategy of the pros
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How many times have you driven past a property and said to yourself, “If only I had bought that property when it was for sale five years ago? Who wouldn’t have bought more properties 10 years ago if they knew they would have doubled in value, like many well located real estate has done over…

Property development guide part 18 - Making your money!
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In his continuing series of articles, Bryce Yardney, Property Development Specialist at Metropole, takes readers on a step by step journey through the property development process. Finally, your project is finished and ready to market.  Now the hard work really starts! You’ve done it! You pulled together an A team, secured your construction finance, found a…

4 rules for property renovation profits
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The Block was a hugely popular TV show last year. Last year after three gruelling months of sleeplessness and renovations paid off for the couples competing in last years series of The Block, who on the face of it seemed to sell their apartments for a profit. Not surprisingly it encouraged a new generation of…

Property development guide part 16 - Digging in the dirt
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In his continuing series of articles, Bryce Yardney, Property Development Specialist at Metropole, takes readers on a step by step journey through the property development process. You’ve selected your site, conducted your feasibility studies, gathered a team of professional industry experts to help you navigate the sometimes rocky road of property development, made your way through…

Property development guide part 15 - Do you need a project manager?
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In his continuing series of articles, Bryce Yardney, Property Development Specialist at Metropole, explains the role of a project manager and helps you decide whether or not it is the right choice for your development project. If you are a beginning property developer I would definitely suggest that you recruit a good development/project manager as a part of your…

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