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There are two good reasons to go into the property development industry; you have a passion for property, and profitability. As with anything worth doing, property development is not easy, especially for first timers. But done right, property development is still profitable.
The most successful property developers thrive because they are adept at identifying opportunities for property development. It’s both a fine science and an art. Profitable property depends not only on an intimate knowledge of the law and council planning, but also the town or city you want to develop in.
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Property developers are easily positioned to make generous profits. Property development is the process whereby developers take their time to study properties, then invest in land or property, and build on the land or alter the property.
Property development feasibility is the term used when property developers discuss whether a project is viable; worth the time, effort, and financial investment required in order to ensure a successful build.
Property development feasibility is an in-depth study that helps property developers better understand whether to go ahead with a development project and how to do so. Feasibility studies are a multifaceted, objective process whereby risk and reward are weighed up, with a view to potential pitfalls and opportunities to maximise profit.
The process of land development can be complex. More than buying land or property, building on it, and selling the final product, there are many steps along the way. Keeping track of these steps is the difference between making a profit or a loss.
Every home designer dreams of channelling Frank Lloyd Wright, Le Corbusier, or Antoni Gaudi to design a breath-taking home. To do this, home design software is essential. What home design software is best?
Architecture design software is an essential tool for architects and property developers the world over. The right architecture software removes the time constraints typically needed to design beautiful buildings.
As a professional property developer, mastering the tricky business of finding a suitable property development site is essential. In fact, it’s nothing short of an art. There is a plethora of things to take into account before you get the ball rolling.
Development approval is a legal document which shows that you have been granted permission to begin a property development project. The document consists of your building plans which detail the design, location, and structural details.
Urban planning is the forward-thinking process whereby towns, cities and urban areas are laid out based on a set of objectives defined by the state or territory in conjunction with local councils.
A planning permit is a legal document which is necessary for councils to ensure that their core land-use plan is maintained and potential land development adheres to local planning rules and regulations.
Before you get bogged down by property development regulations, you want to consider a few constructive property planning rules. Land use planning systems ensure that states and local councils can help develop land in a useful and productive manner.
Town and city planning regulations pertain to the laws that govern the way we set out our buildings, heritage sites, nature reserves, and infrastructure. State government and local councils collaborate to create and implement these laws.
Council zoning is an essential aspect of planning your property development project. There’s no point in designing your property and sending your plans to the council if they are just going to be rejected because they are inappropriate for the current zoning requirements.
For architects, property developers, property investors, and town planners–amongst others–understanding zoning is essential. Without such knowledge, you are more likely to make some costly errors.
At first glance, there are far more than just a handful of architectural software packages available; this makes choosing the right software tricky.
The ins and outs of land zoning appear tricky at first glance. Once you get the hang of it, you can get your property development project underway with one less bump in the road to worry about.
Property development is an exciting and rewarding industry to enter. Your project begins with an idea and the impetus to turn that idea into something physical, be it a residential, commercial, or an industrial property.
Property development is an exciting and challenging industry. Of course, if you are interested in entering the industry, there are a few things you need to know, starting with the skills you need to be a property developer.
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Understand and assess sites in an instant with powerful data layers from partners. Pulling together a wealth of information and displaying it in a single, easy-to-use platform, Archistar allows you to assess & research properties in a fraction of the time.
Dr. Benjamin Coorey
CEO & Founder
M Digital Architecture
B Architecture (Hons I)
B Design (Architecture/Digital Media)
Dr. Coorey completed a PhD in generative design and has dedicated his working career to consulting, educating and developing cutting edge technology to revolutionise the architectural design and property industries.
Computational Design Lead
B, Design in Architecture
Head Tutor for the Archistar Academy
Anycie and her team convert building designs from the Design Intelligence team into code to be used on the Archistar Property system and she has also produced over 15 courses for the Archistar Academy.
Nicolas Lanzarone Executive General Manager, Sales & Marketing B, Engineering
Nic is an internationally experienced go to market executive leader, disciplined in sales, marketing and customer success. He is renowned for his personable and empowering style, coupled with an educated passion for growing both people and the business as a whole.