Introduction
Development potential is not determined by plot size or asking price alone. A useful site is one where the intended project can work physically, technically, commercially and within current constraints.
Location and context
Review:
- surrounding uses;
- access;
- connectivity;
- views/privacy;
- nearby development;
- suitability for intended end use.
Planning/buildability
Obtain current site-specific professional confirmation before relying on development assumptions.
Key questions may include permitted use and development controls, but do not publish generic values as if they apply to every plot.
Shape and topography
A regular flat plot may be simpler, but irregular or sloping sites can still be valuable if the project responds well.
Consider:
- usable building area;
- retaining/excavation;
- driveway/access;
- orientation;
- drainage;
- outdoor space.
Infrastructure
Check access to required services and any enabling works needed.
Construction logistics
A constrained site can increase complexity through limited delivery/storage/equipment access.
Test-fit the intended project
Use a feasibility concept to test:
- building placement;
- parking/access;
- floor area/use;
- outdoor space;
- levels;
- privacy/views;
- services.
Commercial fit
Potential depends on the intended project. A plot suitable for one development type may not fit another target user or budget.
Avoid presenting projected returns as guaranteed.
FAQ
Is a bigger plot always better for development?
No. Planning constraints, shape, access, topography and intended use can make a smaller site more practical.
Can I assess development potential from online listings alone?
Only superficially. Site-specific planning, legal, physical and infrastructure information needs proper verification.
Should construction input be part of feasibility?
It can be valuable, particularly where access, levels, retaining or infrastructure may materially affect cost/buildability.