Assessing the importance of property development risk factors

Graeme Newell, Mark Steglick

Research output: Contribution to journalArticle

26 Citations (Scopus)

Abstract

Property development makes a significant contribution to the Australian property industry and economy. However, property development is inherently risky, with a number of risks evident throughout the property development process. From a survey of leading property developers in Australia, the importance of 34 property development risk factors is assessed. The most important property development risk factors identified were environmental risk, time delay risk and land cost risk.
Original languageEnglish
Pages (from-to)22-37
Number of pages16
JournalPacific Rim Property Research Journal
Volume12
Issue number1
DOIs
Publication statusPublished - 2006

Keywords

  • real estate development
  • real property
  • risk factors
  • Property development
  • Time delay risk
  • Land cost risk
  • Environmental risk
  • Risk factors
  • Property development stages

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