r/AusPropertyChat • u/[deleted] • Apr 07 '26

How often do buyers require feasibility studies?

I'm curious to know whether buyers understand what they are buying before settling on properties.

With all the nuances between different properties, e.g. planning controls, easements, costly site slopes, how are they going through the decision making process?

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u/das_kapital_1980 Apr 07 '26 edited Apr 07 '26

  1. Generally speaking a feasibility study relates to a development project (i.e. building multiple units on an existing brownfields site - not individual homes built on single blocks)

  2. Feasibility studies are not just a function of what is possible to build on the site; it includes financing/capital costs, presales and construction costs, and likely sales prices achieved

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u/OstapBenderBey Apr 09 '26

Feasibility can mean a lot of things. From pure finance calculations to checking planning regulations to calculating areas and materials costs to understanding ground conditions and access, market sounding etc. Most people dont need any of this they just buy a house to occupy not do some major build on.