When to use this model
Use the residential model for any project where units are sold on completion. This covers apartments, townhouses, terraces and most BTS projects in Australia.
Inputs that move the answer the most
- Unit mix and average size, which drive GFA and pricing.
- Construction rate per square metre.
- GST treatment (margin scheme vs full GST).
- Selling cost rate.
What outputs to read
Profit on cost and equity IRR are the headline metrics. Peak debt sizes the senior facility, peak equity tells you how much cash sits at risk.