Drew Evans’ Post

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Director at Caifu Property

Too many investor developers overlook this when doing their initial feasibility on a project. That is, factoring in the developer contributions required when adding density to any site. As the density of a suburb or area increases, so to does the demand for public services. (Roads, libraries, parks, etc) The logic is that developers are the ones increasing the density, so they should be the ones who have to pay to upgrade the services, not the local community. The catch? Fees differ not just state by state in Australia, but by council to council. In areas we've developed in, the span is between $20,000 and $40,000. These fees can have a huge impact on your bottom line if not factored in!

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