Property development can be very lucrative, but it is not a quick or an easy journey. In fact, many construction and property degrees require a minimum of four years full time study at university. Multi-unit property development is a complex and costly endeavor, and in order to get the most from your investment, you need to be aware of the …
Before you commence a development, it’s important to know what you want out of it. Do you want ongoing revenue from rent? Do you want more equity? Do you want a larger cash payout? Perhaps it’s even a combination of these things, or perhaps you’re developing for personal and family dwelling purposes. The great thing is, with multi-unit development projects …
When people mention property zoning, many of our clients have no idea what it actually means and more importantly, what it can mean to them. With terms such as approved land use, flood overlays, planning scheme amendments, transition zoning and minimum lot sizes, property zoning can become complex and confusing. Many property-savvy people have a limited understanding of zoning and …
Gardens are often one of the last design elements people think about when it comes to building a new development. However, most residential developments are required to meet specific guidelines that can be imposed by your local council, building regulations or zoning laws. The reason for these rules is to ensure each development is in keeping with its surroundings and …
At delcon, we often have clients ask us if they can build more than one home on their block of land. The most achievable and popular option is a duplex – one block, two houses. A duplex is two homes that share a central wall. Dual occupancies are also possible in tandem where one house is behind the other and …
Residential markets across Australia were recently in the downswing, with the exception of several key cities, including Melbourne. Melbourne property appears to be recovering with auction clearance rates reaching their highest point since November 2017. The real estate market is seeing more owner occupying buyers attending open for inspections, and auction clearance rates are also on the rise which clearly …
