A complimentary online tutorial on using the STASH property platform This complimentary online tutorial is about how to use the STASH property platform in your property development endeavors to: help source off market properties for development research property development sites on the market analyse a sites value and relevant [...]
Outwit, Outlast, Outplay What reality TV can teach you in a Bull market. Hello readers, as I write this article, we are well into the first quarter of 2024 and the year has started quite unlike any others for some time. Typically, the Christmas season see a stop to new business [...]
The changing housing needs of Australia and how property developers are key to meeting this. Small is the new big. Anyone who has done my property development courses will know that key metrics we weigh up when deciding what to do with a property and achieve a profitable outcome is [...]
Property developers in Western Australia in for a good year. Coming into the start of 2024, the Perth property market is well placed for an exceptional year of growth, and it seems it’s going to be a less turbulent place to be developing, building and subdividing. When the numbers came in at [...]
This Christmas I thought that rather than go over old ground I would write something constructive. During the year we have seen an exodus of families from Sydney and Melbourne due to the end of low fixed rates and the gargantuan rise in repayments when the Covid fixed interest rate penny finally [...]
Our house, in the middle of our street. The great housing shortage and why thinking differently will prevent profound sadness. We are all, to so some extent, creatures of habit. We have absorbed some the lessons and logic of our parents and those around us to form our view of [...]
Professional perspectives to help you with getting started in property development in WA. What a year 2023 has been so far for Perth property development, and what a good time it is to prepare for a big 2024. This article is a reflective piece about how to develop property successfully in Western [...]
Get ready to do an EPIC property development in Perth This article an update with some commentary on how the housing supply, construction and debt markets are evolving in WA. These are three metrics we are watching closely to establish timing of market entry for our next property developments in [...]
Today's post covers some quite disparate topics that have no common theme, hence the quote from the Walrus and the Carpenter by Lewis Carol. Is the world we live in Alice’s wonderland? Well yes and no. Where to start? 'Begin at the beginning, the King said, very gravely, and go on [...]
Lots to learn about the threats and opportunities for developers in the new state planning policy framework for Western Australia. On the 1st of April 2023, 14 individuals commenced their education on the incoming medium density planning framework in WA. In a hands on, practical workshop environment, followed by 3 [...]
Where we are now , what the real facts are, and what we believe is coming next. As we near the middle of 2023, I have taken time to prepare an article to objectively assess where the property development climate is at in Western Australia. I have also taken some time [...]
After what seems to have been a protracted break for everyone in Western Australia over the festive season, we are now all back at the wheel of our business and personal endeavours. A quick survey of the state of affairs brings us to prepare our Perth property market predictions for 2023, based [...]
Wanted: Persons 25-52y/o for the purpose of being unemployed, watching tv, drinking beer, must have own thongs, no experience necessary. I get a lot of articles across my desk and with increasing regularity, they tend to be about the impending financial crisis. I try not to read them as they have [...]
A Big Farewell to 2022: A Western Australian Property Developers Year in Review How we have saved the bottom line with Medium Density Developments in the post Covid frenzy. It is no secret that its currently an incredibly tough time to develop property out there. There has never been higher demand for [...]
Quarterly Finance Insights by Troy Clayton Fortune favours the brave when gloom is the new black. In my previous quarterly articles I warned of rising interest rates and tightening credit policies: this is now old news with any number of experts decrying a fall in house prices across the nation. Indeed, in [...]
General consumer confidence has really gotten a rattle at the moment, and its creeping into the property market all over Australia. The recent Interest rate rises are front and centre of people’s minds, and the knowledge that there is more to come. Cost of living is rising sharply, with CPI rising [...]
Quarterly Finance Insights by Troy Clayton and Anton Flynn I am writing this report based on a Core logic report I received on May 2nd and since then a lot has happened. Let’s see where the world is taking us this quarter. Banks and lenders are very astute and [...]
What impact are the new regulations going to have your development? The new medium density codes were due for rollout in Western Australia in 2021. After considerable consultation and significant concern during community consultation however, and some reshuffling of priorities in the department of planning's agenda, the rollout was pushed back [...]
Quarterly Finance Insights by Troy Clayton. Hands up all of you that are tired of hearing about COVID. Aside from an endless stream of news for the media, the main result of this pandemic seems to be uncertainty. To banks and lending institutions this is a heartburn inducing scenario where the [...]
We have put together a data driven insight into how the COVID-19 pandemic will impact property developers and investors in Perth and Western Australia. This special release 10-page guide has been carefully collated with the help of 5 respected Perth experts in their respective fields; Real estate agency licensee Commercial finance broker [...]
Subdividing Land and Building in Western Australia Subdividing land and building new dwellings will continue to play an important role in providing housing opportunities for the states growing population. In this article we will explore why, from a planning perspective and development economics perspective. Whether you’re subdividing one block into two [...]
What is a Property Easement or Covenant? What is an easement on a property? What is a covenant? what is the difference? If you have purchased, or are looking to purchase and develop land in Western Australia, it is likely that you have come across the term the terms Covenant or [...]
How to Make Money Subdividing Property in Western Australia Five tips to maximise your profits by developing and subdividing land. As subdivision and property development consultants, we have a lot of people asking us how to make money subdividing property in Western Australia. How do we maximise our returns? What makes [...]
How to Become a Property Developer Today Ever wanted tot learn how to become a property developer that does successful deals? Well, this article will provide 5 tips on how to become a property developer, that if acted upon, will keep you focused and put you ahead of the pack in [...]
The McGowan Government’s announcement early this month that it will lift Keystart loans by more than $400 million to stimulate housing demand is good news for subdivision in the Perth property market. The stimulus package, aimed at lower-income earners, is particularly relevant in WA as nearly 80% of Keystart loans in [...]
Incorporating Special Purpose Dwellings into Subdivisions The Residential Design Codes of Western Australia has a specific (and mostly unknown) section devoted to the provision of special purpose dwellings in residentially coded areas of the community. These are; Ancillary dwellings (can be granny flats in WA, in this instance they are not [...]
The Subdivision Cost Calculator: Is my Project Worth It? Do you know how accurately calculate subdivision costs and your projects viably? Do you know what residual land value is? You need to become an expert subdivision cost calculator to ensure your developments are profitable, and that means understanding how to compile [...]
Variations and Concessions to the Residential Design Codes WA Did you know that there are concessions and variations you can apply to planning rules in WA, that allow you to bend the rules a little? This article will give you a brief overview of these design concessions and variations, and how [...]
How Much Does Subdivision Cost a Developer? Where do I find the answer to my question how much does subdivision cost? The answer is different from job to job, as there is variable scope of work from site to site. This article will explore the cost components that as a whole [...]
How much does it cost to Subdivide Property in WA? When it comes to developing land in Perth, most peoples favourite question is how much does it cost to subdivide property? We will explore this topic in this article. This is a very important question, however there is no golden ticket [...]
Dual density zoning, what does it mean for you? There seems to be a lot of confusion and misinformation around dual density coding in Western Australia. This is amongst novice and experience developers alike- they are often getting the wrong advice and information, either from selling agents, colleagues or through their [...]
Subdividing in Bushfire Prone Areas of WA Subdividing rural land, or subdividing land in bushfire prone areas, is becoming increasingly common in Western Australia. Many people are finding themselves in the position of having to jump through extra planning hoops in the process. Councils have infill targets that they need to [...]
Do you own a potential corner block subdivision? Corner block subdivision has become a hot topic in western Australia. Some important State Planning Policy changes have been gazetted by way of Development Control Policy 2.2 (DC2.2). In particular, they will affect the subdivision potential of corner lots in suburbs across the [...]