What is a good profit margin for real estate developers?
To make money on their new buildings, whether luxury condos or offices, developers have typically followed a simple rule of thumb: The profit margin should equal around 20 percent of the project’s cost.
How much do property developers make in Australia?
How much does a Property Developer make? The national average salary for a Property Developer is $80,000 in Australia.
Can anyone become a property developer?
You do not need any formal qualifications to become a successful property developer. 2. Knowledge of interior design and building skills: The more work you can do on a property yourself the more profit you can make on the finished product.