Categories for Project Development
Which Developer Are You?
When people talk about property development I see that many only think of big developments, something that only the big boys would do but in fact there are several property development platforms around, so lets run through them here. Lets start from the small scale work our way up! Granny Flat You own a fair size piece of land with a bit of wasted space at the back. It’s not big enough to totally subdivide... View Article
Considered How to Get Property Development Finance?
In order to become a property developer, you will need to make sure that you have all of the financing that you need to accomplish your goals. Speaking to a specialist property development funding company or a bank would be of great use here because they can offer you advice on how much money you will need. You should also remember that whatever money you put into this project, you are not going to get any of it back before you get... View Article
How Too Choose Your Exterior Elevation Colours To Ensure Energy Efficient !
The exterior elevation is literally the “face” of your house. Your home’s front facade is the first thing people see of your house as they drive down the street and, whether you like it or not, people will begin judging your home based on the look of your elevation. The same can be said if and when you decide to sell your property, as you want prospective buyers to fall in love with your home just as much as you... View Article
First Home Owners Grant increasing to $15k for 2017!
First home buyers purchasing newly built properties will now have access to a $15,000 First Home Owners Grant until 31 December 2017. This provides a great stepping stone for first home buyers in affordability to get themselves into their very own home. As with the existing grant, the boost payment applies to new homes up to the value of $750,000 (or up to one million dollars if the home is located north of the 26th parallel). Sciano Heights Success, which... View Article
How to Maximise your Selling Price
We see it time and time and that only once owners decide to sell that only then do they finally get around to doing the odd the jobs around the home that they’ve been putting off for years. Painting the eaves, replacing the broken fence panel, ceiling paint that is flaking, redoing the paving that sinking in spots are just a few of the tasks that get added to the list…… I’ll do that one day! The little jobs will costs... View Article
Renters Top 5 Things They Get Annoyed With
Speak to any renters out there and I’m positive they can relate to at least two of these renters dilemma’s experiences…….. 1. Personal Space We find that a majority of renters find it feasible to have housemates with them to share in the costs and chores once they move out of home and begin their independence. Unfortunately what they tend to forget that being friends with someone and actually living under the same roof will bring out a total different... View Article
5 Tips to Building your First Home
BUILDING YOUR FIRST HOME CAN BE A STRESSFUL EXPERIENCE….. SO HERE ARE FIVE TIPS TO HELP MAKE IT A SMOOTHER EXERCISE! We all dream about one day building our own home and into today’s market it’s even more popular with First Time Home Buyers as it offers an affordable entry into the property market. However the actual thought for some people of going through the process scares them and turns them into a nervous wreck BUT with some careful planning... View Article
ALWAYS Consider Your Return on Investment
If you are selling this development property, you want to make sure that you get at least 20% on total development cost, the larger the site the higher the ROI needs to be. This does not include your IRR on equity. If you are leasing the property, you want to make sure that you get 5% of a rental yield. To determine the return on investment you would need to complete a feasibility study including profit and loss, categorised cash... View Article
You Need to Understand the MARKET your Playing in!
Understand Your Market before Becoming a Property Developer. You want to understand your market so that you can tailor your property to sell quickly. For instance, if you want to target your property for a family you need to make sure to consider the needs of a family. You will need to pick a good location for families and make sure the house is set up with a family in mind. This plan will help you stick to your budget... View Article
Are you Overpaying for Your Property Development sites?
The reason your considering Property Development is you understand and can appreciate that it’s a great way to make a profit. SO why on earth would you want to pay full asking price for any property that you are purchasing. By doing so you are simply reducing the amount of profit that you will get after everything is said and done. You want to be sure to purchase a property at a reasonable price to ensure that you will walk... View Article