Property Development involves a wide range of activities and processes from purchasing land, building and developing high rise apartment buildings and everything in between.
In order to be successful, you’ll need to educate yourself on property, the markets, economics, finance, town planning, the construction processes and the marketing of real estate projects.
Well it is.
But with well-educated decisions-making, it's a rewarding venture.
We've noticed an emerging trend among budding investors - they want an overview of the property development process.
They're looking at getting into property development as a way of "manufacturing" capital growth and maximising their investment returns.
So we broke down our 19-Part Property Development Series into an easily-digestible seven-step graphic.
After you've understood the basics, have a read of our 19-part article series as well as our Team Series underneath.
Educating yourself on the rather complex and lengthy process of property development is a great starting point.
After all, you need to have an idea of your end game and the journey getting there before you can even begin searching for an appropriate property to purchase.
The 19-Part Development Series
Read our in-depth 19-part Property Development Series and learn more about the property development process. This series delves into the details of each process including costs to consider, who you should be working with, helpful tips and plenty more.
Pre Purchase Stage
- Part 2: Donning the Developer’s Hat
- Part 3: Surround Yourself with an A Team
- Part 4: The Steps of Property Development
- Part 5: Financing Your Project
- Part 6: Finding the Perfect Site
- Part 7: Researching the Perfect Site
- Part 8: Managing Risk and Increasing your Chance of Success
- Part 9: Common Risks Related to Property Development
Negotiating Contracts and Purchasing
Town Planning and Development Approval
Working Drawing and Documentation
- Part 17: Preparing the Site
The Team Series
Read more about the professionals you should have on your side. The Team Series highlights all the important professionals involved in a development project, their roles, and useful tips for finding the right person for your job.