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CHAPTER 1
An overview of property development
Summary

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This chapter provides an overview of property development and the risks and rewards in both residential and commercial development. You must decide whether you have the motivation and personality to take up this profession or whether the industry carries too much risk for you personally. If you conclude that it is worth your while you need to understand that success will not be achieved overnight. It will take several years of learning and experience, and some hard knocks, to build up a full understanding of what it means to be a property developer. The following chapter offers some key insights into being a successful practitioner.

Australian Residential Property Development for Investors

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