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Monday 9am - 5pm Tuesday 9am - 5pm Wednesday 9am - 5pm Thursday 9am - 5pm Friday 9am - 5pm

Property Development Institute

Name: Property Development Institute
Address: Shop 5, 24-30 Springfield Avenue, Potts Point, NSW, 2011, AU
Telephone: +61293571003

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Property Development Institute

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Property Development Institute offers both online and live property development training courses. It's about you! Enquire now!

Awarded BEST PROPERTY DEVELOPMENT TRAINING PROVIDER 2020, 2021, 202 & 2023 AUSTRALIA in the Build Property and Real Estate Awards. Property Development Institute is here to help you BE a property developer. What's the point in doing a training course if you can't use it when you complete it? Property Development Institute provides you with real life training for real property development projects. All you need to do is learn the five fundamentals of property development and your off! Stop "wanting" to become a property developer and BE a property developer. Stop thinking you can't be a property developer because you don't have any money, find out how you CAN BE a property developer without money.

30/10/2026

Why you should never ask an architect to be your development advisor

28/10/2026

Why Did the Build Price Move?

A changing build price is connected to allowances that were never final prices. A prime cost item covers a product not yet selected, such as tiles, tapware, appliances, or fixtures. The final build cost changes when the selected product costs more or less than the allowance.

A provisional sum covers work that cannot yet be fully defined, such as authority works, landscaping, or unresolved scope. Once the details become clear, cost may differ from the estimate.

These allowances are not errors, but they must be understood, monitored, and updated. Before tender, improve the drawings, specifications, selections, and scope wherever possible. Greater certainty helps builders price accurately and gives you fewer budget surprises during construction.

27/10/2026

Monthly cost mapping_ how to know exactly when you'll run out of money

26/10/2026

What You Don’t See Can Cost You

The features of a site rarely tell the whole story. Ground conditions, contamination, access limitations, drainage, services, easements, planning controls, heritage issues, or neighbouring constraints can change what is possible and what the project will cost.

Due diligence is the process of finding those hidden conditions before you commit. Review available records, inspect the site, obtain specialist advice, and test the development concept against every constraint. Do not rely on a property or a seller’s assumptions.

Unknown issues can create redesigns, approval delays, variations, funding pressure, and reduced contingency. Identify risks early, price them, and decide whether they can be managed. Due diligence does not eliminate uncertainty, but it makes your decision informed.

24/10/2026

Is the Site Even Worth Investigating?

Before paying for extensive reports, start with a high-level feasibility. Estimate the development yield, construction and other project costs, expected revenue, and the land value the project can support.

Expected revenue, less development costs, less your target profit and risk margin, gives an indicative land value. If that result is negative, deeper investigation may only confirm that the opportunity does not meet your requirements. Walking away early can save time and due-diligence expense.

If the indicative result is positive, proceed carefully. Test your assumptions, obtain advice, and investigate planning, site, market, legal, and financial risks in greater detail. A quick feasibility does not replace due diligence; it helps decide where due diligence is justified.

24/10/2026

Top cash flow mistakes new developers make (and how to avoid them)

21/10/2026

The Project Plan Is a Living Document

A project plan should guide decisions, not gather dust after the project begins. It establishes objectives, identifies risks, records mitigation strategies, and creates a framework for monitoring what happens.

As the development progresses, circumstances change. Approvals may take longer, costs may move, designs may evolve, market evidence may shift, or new risks may emerge. Update the plan when those conditions change, then review whether your responses remain effective.

Regular updates keep the team focused on information rather than outdated assumptions. They create a record of why decisions were made and how risks were managed. Treat the plan as a working tool, and it will help you stay proactive, coordinated, and aware during delivery.

21/10/2026

How to escape a failing property development_ practical exit strategies when markets crash or costs blow out

19/10/2026

Sometimes the Best Development Decision Is to Stop

Not every concept should reach construction. During due diligence, you may discover that planning constraints, market conditions, funding limits, costs, or timing have changed the project’s achievable outcome.

Stopping at that point is not failure. It is disciplined risk management. The earlier you identify that a proposal can no longer deliver the return, product, or level of risk, the more money and stress you may avoid. Continuing because time has already been invested can turn a decision into a loss.

Review the assumptions, update the feasibility, and ask whether the project still works. If it does not, walking away can protect your capital and preserve the opportunity to pursue a development later.

18/10/2026

Use a Heads of Agreement to secure terms quickly (non-binding strategy)

Address

Shop 5, 24-30 Springfield Avenue
Potts Point, NSW
2011

Opening Hours

Monday	9am - 5pm
Tuesday	9am - 5pm
Wednesday	9am - 5pm
Thursday	9am - 5pm
Friday	9am - 5pm

Telephone

+61293571003

Website

http://www.propertydevelopmentinstitute.com/

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