Home Site in Top Spot

An ideal neighbourhood to put down roots and raise a family

Jim is a long-time client. Like many of our clients, he’s a successful medical practitioner who’s done very well with property over the years.

He works crazy hours and wanted to build a family where his family can spend quality time together. He knew the area he wanted to build in, and sought our help to find and analyse suitable sites. A key priority was to ensure that he didn’t overcapitalise (e.g. spend more on land + build than the end market value).

The neighbourhoods within the suburbs he liked are very tightly held, so a big part of our job involved reaching out to local agents to flush out good off-market opportunities.

We eventually zeroed in on an ideal off-market block in his #1 area. The numbers stacked up, and the build concept was safe. Negotiation was challenging, with vendors who continually tried to change the goalposts and backtrack on previous ground. We secured it eventually for just below his budget.

He says nice things about us: “I have completed a project with Andrew in Melbourne and I highly recommend his services. He has in depth knowledge of the market and knows the process of development inside out. He will be able to assist with as much or as little of the entire process as you wish, depending on what your requirements are for your particular project. He is honest and hardworking. You always get to talk to him directly if he’s managing your project.

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Explore Details Across Property, Investment, and Development Tabs
  • Property
  • Investment
  • Development

Tightly held, highly affluent eastern suburb, close to everything


Slightly sloping rectangular 607m2 with ROW


Old well cared for brick veneer

Purchase Price


Market Value

up to $2.150m

Sale Method

Bought Off-Market


4 months

Rental Income

$800 /week

Rental Yield

2.0% gross

Suburb Median $ Prices

House $2.107m | Unit $0.640m

Suburb Capital Growth

7.1% p.a. over last 10 years

Growth Drivers

Luxury class, quiet street, heritage homesteads neighbours, walk to everything

Why we rate it

Ideal location, perfect block dimensions, brand new neighbouring houses, highly affluent

Development Scope

Model new home potential

Project Duration

26 months from purchase to move in

Project Costs


Project End Value


Project Profit


Return on Cash


Return on Capital


End Rental Yield

Family Home N/A

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