Property Development

Finding a property with development potential
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Are you interested in property development? While many properties make good homes, fewer are “investment grade” properties and even fewer are potentially profitable development sites. In a recent blog I outlined why I choose the suburbs where I undertake developments very carefully. Now it’s time to find the “right” property in that suburb – one that could…

The Attributes of Successful Property Developers
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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…

Making money in property development
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The key to making money in property development, whatever the market does, is to carefully plan for a realistic rate of return and retain the flexibility to adapt to changing circumstances. When planning your development project, the bottom line should be the return on your investment.  I target a 15 to 20 per cent return…

Top 6 renovation mistakes
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We are a nation obsessed with home renovations. Just take a look around at your own street or suburb, or turn on the TV to see the number of home makeover shows on offer. Housing Industry Association research shows that house-proud Australians are expected to have spent more than $30 billion on renovations in the…

The top 10 tips for first time renovators
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Whether your planning to renovate your own home, an investment property to hold for the long term or its a property to flip for a profit, the fundamentals don’t really change. The end goal is usually always to maximise the value and to increase the rental returns of the property. 1, Avoid over-capitalising   Start with…

Property Development Process Visualised
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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. Sound like a lot…

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 13 - Working with your architect
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In this article, Bryce Yardney, Property Development Specialist at Metropole, explains the role of the Architect and how to work with them on your development project. Astute investors and property developers know that in order to be successful they can’t do it all on their own. They surround themselves with qualified and experienced professionals who can provide invaluable…

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…