Rod Peirce and his team helps clients understand Residential property development and how it involves purchasing land or existing dwellings and adding value through subdivision, new builds, knockdown-rebuilds, or multi-lot projects. It requires planning approvals, construction management, and financial structuring to deliver a profitable outcome. Development can range from a single townhouse to large multi-unit complexes. Success depends on thorough feasibility studies, regulatory compliance, and careful project management across design, construction, and sales stages.

A planning permit is issued by the local council and confirms your project complies with zoning, overlays, and neighbourhood character guidelines. A building permit, issued by a registered surveyor, confirms construction meets the National Construction Code (NCC) and Australian Standards. In many developments, you need both permits: planning to confirm land use and building to ensure construction safety, compliance, and quality before work can begin.

The right site depends on zoning, size, overlays, access to services, and market demand. Proximity to schools, transport, and amenities drives buyer or tenant interest. Council planning maps should be checked for restrictions like flood overlays, heritage, or easements. Feasibility analysis compares purchase costs, build costs, and potential sale values to ensure profitability. Professional advice from town planners, surveyors, and brokers helps minimise hidden risks.