Constructive Conversations
The building and design process can be broken down into four key stages and associated skills. While these stages may overlap, focusing on one stage and its associated skill at the most relevant time can help minimize stress.
1) Site Acquisition: Understanding the site and the local real estate market. Design trends, property prices and demand. Find out Council's development appetite. Decide the best site based on your strategy, financial capacity and end goal.
2) Design: Creating properties that are functional, attractive and in line with the latest building codes and regulations. This can include everything from selecting the right material, to designing spacious and well-lit interiors, to incorporating green technologies to enhance sustainability.
3) Manage: This stage bridges the gap between paperwork, execution, and profitability. Stage 1 involves the discrete process of purchasing your site, while Stage 2 involves obtaining a planning permit. Once you have secured the permit, it's important to carefully consider and explore all available options before proceeding.
Why? When you start building, you lose rental income and incur additional interest costs. Your monthly expenses increase from a few hundred dollars to thousands of dollars. This is why it's essential to explore all options, make an informed decision, and work towards achieving your end goal as quickly and efficiently as possible for the best possible outcome.
This stage include building permit, marketing the new houses if you plan to sell or rent out the new houses, organise construction finance and everything that enables you reach your goal as quickly as possible soon after construction starts.
This requires a combination of technical skills, financial acumen, and project management experience, as well as the ability to work effectively with contractors, engineers and other professionals.
4) Construct: Working with a reliable and experienced contractor who can ensure the homes are completed on time and within budget. This can involve procurement of materials, coordinating with subcontractors and supplies, and ensuring that all construction activities are in compliance with relevant laws and regulations.
3 Steps to reduce the Town Planning Permit risk before you buy the site
What kind of land size allow building 2, 3 or 4 properties on 1 land?
Do you need to build at least four properties to make a good profit on a development project?
Why are corner sites more valuable? How does street frontage impact property development?
Making Sense of Town Planning Rules for Residential Development
Design Your Dream Development with Our Expert Town Planning and Architectural Services
A Thorough Inspection: What Every Homebuyer Should Check Before Buying
Stay Ahead of the Game. Year 2023 Home Design Trends and How to Incorporate Them
6 Tips to Design and Build Your Dream Home on a Narrow Lot
How to design your home for maximum resale value?
7 Essential ‘Don't’ for a Successful House Rebuilding or Renovation Project
Sustainable:
3 simple steps to create a comfortable, sustainable & cheap to run home
Say Goodbye to High Energy Bills: Simple Ways to Stay Cool This Summer
Liveability:
Adding a Pergola or Shade Structure: What to Consider for a Successful Project
Top Home Maintenance and Repair Tips for Every Homeowner
Technical:
Why soil testing & 2 common mistakes to avoid
Home Improvement 101: Checklist and Strategies to create a Functional and Stylish Home
How to employ an architect on a tight budget?
Understanding Building Plans: Tips for Non-Experts
How do I do a budget and feasibility check for my project?
Building with Confidence: Understanding the Building Permit Process in Melbourne
What do I do if I want to knock down and rebuild?
What is a building permit, and do you need one? What's the process of obtaining a building permit?
A Guide to Home Construction Contract
What drives the cost of building and how to estimate construction cost?
How do I know the building work will be within budget?
Building Your Dream Home: Tips for Finding & Working with your Custom Home Builder
Building Warranty – What kind of warranty is provided by the builder?
Maximising Site Visits and Inspections: What to Look for During Your Site Inspection?
Call Now on: +613 9013 3933 or ask us a question