Our Due Diligence

By knowing what and where to research, we ascertain the risks, opportunities and other factors affecting present and future property values. In addition to being invaluable in negotiations, our penetrating due diligence gives you peace of mind.

These are just some examples of risks and opportunities encountered over the years:

Factor Example
Demographic trends A road on Sydney's lower North shore went from being a place for homeless sailors to one of the most expensive residential precincts in less than five years.
Access to amenities “We spent over $5 million moving our premises to that suburb. Being so close to the City, it seemed like a great idea at the time. It nearly sent us broke. We couldn’t get staff. There were no banks, shops or a post office and we needed a bus to run staff to the station so they didn’t get mugged.”
Planning regulations "You now can't re-develop your property and will have to keep it as low cost accommodation."
Development potential "You could add another storey to that flat roof unit block."
Neighbours "The vacant block of land in front? No risk of view loss"
[except for the 43 storey apartment tower to which that vacant land eventually became home …]
Public infrastructure "Values are likely to sky rocket once the ring road is finished."
Climate change "They have done some modeling. Those beachfront apartments will be under water in ten years."
Sustainability "How are we going to get rid of the excess recycled water if the sewerage system is at capacity?"
Site contamination "There is a horrible sulphur smell coming into the unit from the car park" [which the newspapers a year later report as major contamination from a former gas works at the site.]
Wildlife "Panoramic bush reserve views" [with a stench of guano at night because the reserve is a bat colony.]
Drainage "All houses in that suburb crack because they are built on clay."
Aircraft "Values in this suburb have plummeted since they opened the new runway."
Traffic "Sleepy hollow with distant water views"
[that turns into a rat run every morning between 6 and 9!]

 

"The money is always in the buying"
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