For each individual block of land our team undertake a detailed and thorough analysis of the individual block itself as well as the surrounding area to ensure that the final package will end up meeting the goals and expectations of our clients.
Generally before seeking out blocks of land for our clients, we have a number of key areas which we focus on which have been narrowed down due to research and analysis that we’ve undertaken. When looking at an individual block of land, our analysis will be based around the type of dwelling we plan to put on the block. Some of this analysis includes the following:
A Comparative Market Analysis: The CMA takes into account all of the recent sales data for similar properties and blocks of land which have been sold or are currently on the market in the area. These reports allow us to have a good understanding of whether the block of land and the final built product will represent good value in the area.
A Comparative Rental Analysis: We undertake a detailed analysis of the current stock on the market for rent that is similar to the property that is planned for the block. We assess what the current demand is and whether there are any factors which may affect future demand. We work closely with a number of expert property managers whom we engage to undertake rental appraisals and provide further advice on the demand and rental times expected for the property once complete.
SWOT Analysis: By undertaking a Strengths, Weaknesses, Opportunities and Threats analysis we can look into possible factors which may affect the possible growth or rental return of the property. We look at some of the following factors:
- Population Growth: Previous, Current and predicted future growth.
- New Infrastructure: both planned and under construction
- Amenities: Schools, medical, shopping etc.
- Transport: both current and planned future transportation options.
- Regional and Area Planning: Any change in the planning or development in the area which may have an effect to the property.
- Employment: Current and future employment opportunities.
- Developments: Under-construction or planned developments which could have an impact on the supply and demand in the area, and therefore affect the yield or Capital Growth opportunities.
Our team take each and every investment property purchase very seriously and aim to provide the best possible options to each of our clients.