Residential Developments
We specialise in valuations for residential developments.
Lewis Valuations help assist property owners to understand the fair market value of a development/potential development site.
Development sites are parcels of land earmarked for construction or redevelopment. These properties offer investors the chance to create something new, whether it’s residential units, commercial spaces, or mixed-use developments. However, they require significant capital and understanding of the development process.
Englobo subdivisions are large parcels of land that can be subdivided into smaller plots, offering significant potential for developers, investors, and property buyers alike. These properties are often located in growth areas and provide opportunities for residential, commercial, or mixed-use development. Understanding the value of englobo subdivisions is crucial for making informed investment decisions in land development.
Emerging trends and opportunities for property developers show that despite the challenges, there are still opportunities for small-medium property developers in the Australian market. Some emerging trends include the demand for sustainable and energy-efficient housing, the growth of mixed-use developments that combine residential and commercial spaces, and the increasing popularity of co-living and co-working spaces. Additionally, there may be opportunities in regional areas where property prices are relatively more affordable compared to major cities.
Our expertise includes both large and smaller suburban developments as well as mixed use developments and englobo land.
Mortgage Security
Before you commence any development project, it is obviously crucial to first establish how much you can borrow and how you will be able to manage all associated costs of the development.
Property development financing could involve getting a single property development loan or getting various loans for different parts of the development.
Finance can be obtained from banks, non-bank lenders or private lenders. Some loan lenders could give the developer a single loan for the entire project. Others may only finance a specific part of the development in which case the developer may need additional finance from other lenders.
We can provide a detailed feasibility study using cash flow modelling methods.
Market Research
We utilise extensive research tools to identify demand for land and housing market conditions. Across Australia, as pressures remain stable and we see interest rate cuts over the course of this year, easing affordability pressures for buyers, demand may increase.
If private sales rates continue to stabilise, we expect to see more activity from the major housebuilders which will support competition for land.
Referring to urban development spatial systems, updating our methodologies and specific data sets to monitor the market for residential land and development activity.
Statutory Assessments
A statutory assessment is a valuation-based assessment made by the Valuer General on land value and the value of a property inclusive of land and improvements. Statutory valuations help landowners review valuation assessments placed on their property. Our team can assist owners and tenants in reviewing statutory assessments used to calculate Council Rates, Land Tax and Stamp Duty by providing specialist valuations for rating and taxation purposes.
Acquisition and Disposal
