We have assisted several property players in recent months with their project feasibilities. Our approach is always the ‘martini glass’.
We start with the relevant bigger picture (the rim of the glass) and quickly funnel down to the core stuff (the glasses stem) and then provide implementable recommendations (solid glass base) at the end.
Anyway, an important part of the macro picture is potential new housing supply. And it always amazes me that many in the industry don’t know where englobo land is available, across south east Queensland.
So tonight, we have supplied a simple summary of the broadhectare land supply across SEQ. The table is at March 2017 and shows the stock of residential greenfield and brownfield land (for sites greater than 2,500 m²) that is currently suitable for residential development.
SEQ broadhectare land supply
|Expected dwelling yield||Distribution by yield|
|Gold Coast (C)||3,320||44,060||11%|
|Lockyer Valley (R)||2,740||16,110||4%|
|Moreton Bay (R)||2,960||20,570||5%|
|Scenic Rim (R)||1,780||8,350||2%|
|Sunshine Coast (R)||2,650||39,200||10%|
Queensland Government Statistician’s Office
If you would like us to assist you with your residential development assumptions, or get an independent and very experienced team to have a look at what you are doing, then why not contact us.
Fees and charges do apply. Quotes are provided. Strict protocols do need to be followed, due to PI Insurance and, well, we are sticklers for that stuff. It’s best for everyone in the end. After all, ours is advice you can bank on!
Keen to hear your thoughts.
Until next time,
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