It is no secret that Property Development, while it may promise great rewards, carries great risks.
Earlier this year we blogged on the fact that the national crane index shows a decline in the amount of cranes in the CBDs of capital cities as a pre-cursor to the slow property market.
Despite the big end of town slowing down the rate of development, it appears that Mums and Dad’s are looking to small time development in increasing numbers.
So is development worth the time, effort and risk?
Property Planning Australia’s Founder and Managing Director, David Johnston, provides the final comments to Domain’s Daniel Butkovich piece on property development.
If you are still keen to dip your toe into the development pond, read about the critical factors to consider