Budget & feasibility studies
Budget & feasibility studies
Establish financial feasibility and cost clarity from the outset
It’s difficult to clearly assess the risks and potential return without the detailed knowledge required for accurate budget development.
A robust feasibility study captures key inputs and outlines the risk associated with undertaking a new development. Ultimately, a feasibility study determines if the numbers stack up. A feasibility study can also identify opportunity. Analysing the project through multiple lenses can help to determine highest and best use and ensure the best possible financial outcome.
Our team are experts in completing development feasibility studies and generating initial budgets based on minimal design information. We understand the key inputs required and how to truly assess the value of a development opportunity. We assist with the development of robust and accurate budgets that encompass all cost factors for the project. With extensive indicative cost data, the industry’s leading development feasibility software and expert knowledge of the development process, we can help you better manage risk and maximise value.
Get early and accurate advice with a pre-acquisition feasibility study
Making quick and well-informed decisions from a feasibility study can mean the difference between capitalising on the right deal or potentially missing out.
The decision to proceed with a property development should be carefully examined before acquiring the land or asset. Identify the potential risks and returns before making an offer and validate if a development opportunity truly stacks up.
Determine highest and best use for optimum development value
Identifying the highest and best use of your development site is critical for the best financial outcome. When operating in a changing market, you need to understand the implications of changes to variables like time, cost and sales values.
Cost planning & estimation
Create cost certainty at every stage of design development with cost planning and estimation by a quantity surveyor.
Stay on top of cost risk and budget overruns with sound monitoring of construction contracts.
Drive success at every stage of development with expert advice, market insights and data
Quantity Surveying Vietnam
Professional services advising on a range of cost consulting and project management services
Property tax depreciation
Maximise tax deductions with a comprehensive property tax depreciation schedule
Contact a qualified professional
Our multi-disciplinary team of professionals brings a wealth of industry experience and unparalleled data-driven insights, providing the clarity you need to make informed decisions.
Top three BIM trends driving development in 2019
16 May, 2019
The days of 2D drawings are over, as the digital era brings with it 3D building information models that deliver bottom-line benefits.
Is Your Project Feasibility Actually Feasible?
28 Feb, 2019
So what really makes a development project feasible? We discuss balancing risk and reward.
Regional Snapshot: Australia – Real Estate Development Trends Report
28 Nov, 2018
How the Australian Property Development Industry is responding to disruption and rapidly changing market pressures.
How to make an early stage development budget, and stick to it
11 Dec, 2019
Here are some simple ways to create a project budget, and stick to it from expert Quantity Surveyors.
Altus Group Announces the Promotion of David Lockie to Director, Cost Management
4 Mar, 2020
Altus Group announces new Director, Cost Management in Melbourne office.
Building right the first time, every time
1 Apr, 2020
A new culture of quality can deliver direct benefits to the construction industry’s bottom line and restore the community’s confidence.
Three steps to safe and socially distant building sites
7 Apr, 2020
Industry groups and unions have joined forces in unprecedented cooperation to ensure control measures minimise the spread of COVID-19.
Reinvent and recover: Is now the right time for hospitality refurbishments?
25 May, 2020
Is now the right time for a hospitality refurbishment? We discuss how you can prepare for the 'next normal'.
Guide | Finding the value engineering ‘sweet spot’
30 Jun, 2020
Value engineering is commonly misunderstood. We explore what it means to engineer value and how it can benefit your next project.
Infrastructure investment: Balancing best bang for buck with the need for speed
24 Aug, 2020
Learning from the past to deliver assets that stimulate the economy and optimise expenditure.
Is data your competitive advantage or productivity sinkhole?
28 Sep, 2020
We explore how companies are taking steps to close the sinkhole and capture the competitive advantage hidden in their data.
Early warnings signs that a development project is in distress
28 Sep, 2020
As Covid-19 upends our economy, some projects will fail to complete. So how can you identify the early warning signs?
Investment opportunities to come ‘thick and fast’ mid-2021
1 Nov, 2020
Niall McSweeney sits down with The Urban Developer to discuss the findings from our 2020 Global Property Development Trends Report.
Counting the costs: How to better manage cost escalation on your next project
9 Nov, 2020
Some experts believe costs will rise, while others argue costs are likely to fall. Who is right? The answer is both. The question of when is most important.
Altus Group partners with the Property Council of Australia to support industry education
8 Feb, 2021
We are pleased to announce our 2021 partnership with the Property Council of Australia.
Modular building construction: Has its time finally come?
14 Feb, 2021
Modular. Prefab. DfMA. Off-site construction. We unpack the advantages, constraints and how stakeholders can move forward while mitigating risk.
Global players bank on Build-to-Rent boom
28 Feb, 2021
Global property players are preparing for the build-to-rent boom as pent-up demand and low interest rates push the asset class forward
Need help with more services?
Connect with us and learn how we can help you see opportunities and maximize the value of your investments.
Bank & loan monitoring
Get peace of mind with accurate reporting on construction progress and cash flow with bank monitoring services.
Replacement cost estimates
Protect your investment with an accurate replacement cost estimate. A replacement cost estimate will ensure you have the appropriate insurance cover for your property.