How To Achieve A High ROI On Your Property Investment In Melbourne

Property Development Investing

High ROI in property investment

For many, property development is considered a more tangible option than investing in the stock market. With an average profit of 15-20%, tax incentives and the opportunity to have tenants pay off the mortgage for you, it’s no surprise that so many Melbournians are investing in property development. Not all unit developments are worth your valuable time and money though, and achieving a high ROI comes down to a few vital factors. 

The Location Of Your Property Development

The location of your property development should make up 80% of the decision-making process. When you are looking for a block of land in Melbourne to build your property development, you want to make sure it ticks all the right boxes in terms of location. 

Melbourne property development location checklist:

  • Accessible to large employment hubs, such as the CBD, Airport, and Hospitals?
  • Excellent wages and wage growth? 
  • Easy access to public transport?
  • Offer desirable lifestyle and convenience to future renters or buyers?

The smaller your property development is, the more important it is to be surrounded by easy accessible parks and cafes. Walkability is also a key factor not to be overlooked.

The Design Of Your Property Development 

Thoughtful design that doesn’t compromise on space and lifestyle will determine how quickly your unit developments are snatched up by high-end renters and buyers when it hits the property market. 

Melbourne families or young professionals don’t want to compromise on luxury features because they live in smaller dwellings. However, harmoniously combining luxury fittings with high-quality, aesthetically pleasing design and functional living will create an irresistible home high-end renters and buyers will want no matter how much it costs. 

It’s important to note that local council requirements will heavily dictate your property development design. Each council is different, but many require developers to respond to and take into account the following:

  • how your buildings will affect adjacent properties
  • private open space
  • car parking
  • window size and placement
  • the surrounding neighbourhood character.

In addition, the surrounding area also has to be taken into account. Working with the surrounding neighbourhood includes responding to the development pattern of the area. Proposed dwellings must align with the current form, scale and character of existing homes in the area. 

A brilliant design and construct team will craft a set of dwellings that are perfectly oriented on the land, are unobtrusive to neighbouring homes, and are cohesive with the streetscape and broader area. Not only that, you can trust a builder with a turn-key service to manage the entire process for you and exceed your expectations. This means taking your initial ideas, submitting town planning applications and delivering a concept that maximises your return on investment.

Your Block of Land

Choosing the right block of land for property development is one of the most crucial steps in the process, as it will directly determine your site and establishment costs.  

Finding the right block of land for a development can be time-consuming, but it will be well worth the effort when the right opportunity arises. The right block of land will be easy to work with, meaning a good size and orientation, with minimal slope and easements. An experienced multi-unit builder in Melbourne will be able to design a high-quality, profitable Melbourne townhouse despite the negatives on your block of land.

Factors to consider when choosing land for property development.

  • Size
  • Shape
  • Frontage
  • Slope
  • Orientation
  • Neighboring properties
  • Easements and verge items
  • Overlays

Build The Future You Dream Of With A Property Development 

The best townhouse design appeals to high-end buyers and renters and includes a thorough planning and design process to help investors get the best results.

With the help of a skilled multi-unit builder in Melbourne, you can build a high-quality Melbourne townhouse that renters and buyers will want to snatch up as soon as it hits the property market. Here is how you can achieve the best townhouse design with a thorough planning and design process. 

If you are considering investing in Melbourne property development but don’t know where to start, you might benefit from a turn-key service. This includes the complete package of a bespoke building design, planning permit applications, design revisions if required by council, a planning permit, building engineering, a building permit, and complete construction management. 

delcon design and construct are Melbourne townhouse builders who specialise in maximising ROI for property investors. With an emphasis on thorough planning and high-quality desig, delcon design and construct have many years of experience achieving successful unit developments for clients. 

Begin your Melbourne unit development journey with a complimentary feasibility assessment. Contact delcon design and construct on: 1800 335 266

High ROI in property investment