Population projections reveal that, in the next 15 years, Perth is tipped to takeover Brisbane and become the 3rd biggest City in Australia. According to the Australian Bureau of Statistics, Perth’s population is predicted to reach 3 million people by 2028 (The West Australian - November 27, 2013 – Perth predicted to be bigger than Brisbane). This potential growth is a major reason why we believe that housing supply will continue to be pressured, as Perth will need to cater for the potential population increase and future new residents – this is why now is a great time to consider developing your land.
A potential development site is a valuable asset and Developments by Impressions can assist any landowner with the development of their property, regardless of size.
There are a number of reasons to consider property development and each will vary depending on the objective of the developer:
- Maximise dwelling yield on a property.
- Maximise rental return and cash flow.
- Create a monetary profit.
- Maximise the value of your property and create positive equity to help fund your next project.
- Create flexibility in your property options, that is:
- Sell all your units; or
- Rent all your units; or
- Sell some units, rent out others; or
- Live in one unit, Sell or rent out the others.
At Developments by Impressions, we have an industry leading, highly qualified team of experts ready to help you find the most effective way to subdivide your property.
Your potential to subdivide depends on two main factors:
- the R code zoning of your block
- the size of your block
We will perform a comprehensive assessment of your land to determine whether it is suitable for subdivision and what type of property it should be subdivided into- strata, survey strata or green title.
Our comprehensive service is designed to help you find the best solution to suit your block, budget and investment strategy and help you find out what is involved and the differences between each type of subdivision.
Our Free Development Consultation provides you with a comprehensive report of your block’s development potential. This report answers the most important questions that can determine the type of development that will best suit your budget.
There are many factors to consider and Developments by Impressions is with you all the way, from inception through to completion, to ensure a smooth, informed and well managed outcome.
Our Unrivalled Service and Expertise.
As active property developers ourselves, we approach each project as if it were our own, which means that we wouldn’t recommend a development solution to our clients that we wouldn’t want to do ourselves. Our unique and personalised service, perfected through thousands of developments, means that we can tackle projects of all shapes, sizes and levels of difficulty, to come up with the best solution for your block and investment goals.
For example, we can project manage a small lot rear strata for a client who requires more than just a list of conditions from a surveyor or a town planner. As most of our clients might not be aware of how to best tackle an approval and meet its conditions, Developments by Impressions can organize and coordinate the entire process, guiding them through every phase of the development.
Conversely, you may have a large site and a good understanding of the development process, however you might not have the time to project manage. Again, Developments by Impressions can help. We don’t just build homes we provide a comprehensive in-house service, which means that we can project manage your development for you.
To go one step further, we can even help you find your next development site. Our project management service covers all aspects, from the lot subdivision and development approvals through to advice and assistance on DAPs, Structure Plans and active negotiation with Council, WAPC and any other authorities required. Our Town Planners and development specialists take care of all of this for you.
There is no better satisfaction for us than seeing a project grow from feasibility to hand over - and we are there front start to finish, ensuring a smooth process and a well-managed outcome for our clients.
Ready to turn your property development idea into reality? Get in touch with one of our expert consultants to get started today.
Developments by Impressions can also assist with finance to help you determine the best way to fund your development project. We have a long-standing relationship with construction finance specialist, The Loan Company, which has access to a wide range of loan facilities. The Loan Company specialises in construction finance and deals directly with builders and land developers, meaning you benefit from a faster and smoother approval process.
Talk to one of our finance specialists today.