Property Feasibility Study Valuation Australia

A feasibility valuation assesses the financial viability of a property development project by analysing the relationship between development costs, end values, and acceptable profit margins. Landmark provides as-is valuations (the current market value of the site in its existing state), as-if-complete valuations (the projected market value of the finished development), and residual land valuations (what a developer should pay for the site to achieve an acceptable return).

Our feasibility analysis considers construction costs, professional fees, statutory charges, finance costs, development margins, market absorption rates, and comparable sales evidence to determine whether a project stacks up financially. Each assessment is prepared in accordance with RICS Red Book Global Standards 2025, providing the rigour and credibility that lenders, investors, and project stakeholders require.

Feasibility valuations are used by developers seeking project approval from their boards or financiers, by lenders assessing construction finance applications, and by investors conducting due diligence on development opportunities. Whether the project involves a small residential subdivision, a medium-density townhouse development, or a large-scale mixed-use complex, our valuers have the expertise to model the financial fundamentals and deliver actionable insights.

The feasibility study informs the critical development decision — whether to proceed, renegotiate the site acquisition price, or walk away. Developers use the analysis to validate project assumptions and present a credible business case to financiers and stakeholders. Lenders use the as-is value (for initial drawdown) and the as-if-complete value (for total facility) to size construction finance, while investors weigh projected returns against their required hurdle rates.