Property Developer Exam
Property Developer Exam
Test your knowledge and understanding of property development with our engaging quiz designed for both novice and experienced developers.
This quiz will cover key concepts, market expectations, and best practices in the property development field. Get ready to challenge yourself!
What is the minimum margin acceptable for a standard multi townhouse development?
10%
15%
20%
8%
End to end, a dual town house development typically takes:
12 months
30 months
18 months
24 months
Please advise the amount of experience you have as a property developer. This question is not scored, it is simply to understand the experience and intentions of the respondent.
No experience
Have land, no intention of developing
Have land, intend to start the process in a couple of years
Have developed before, lost money
Have developed before, made less than $100k Gross Profit
Have developed before, made between $100-$500k Gross
Have developed before, made between $500-$1,000,000 Gross
Have developed before, made over $1,000,000+ Gross
Have land, ready to develop now
Good design is governed by which three principles?
Visual Bulk, Orientation, Neighbourhood Character
Private Open Space, Permeable Area, Site Coverage
Orientation, Sensitive Interfaces, Amenity
Secluded Private Open Space, Garden Area, Overshadowing
A 600m2 block of land within a Neighbourhood Residential Zone (NRZ), will accomodate how many new dwellings?
The limit is 2
3 small double storey townhouses
4 really small units
Unlimited number of dwellings
A novice developer will typically lose between $50,000 - $120,000 due to inexperience. To avoid this, who is the best professional to assist with a first time developer?
Chartered Accountant
A Builder
Development Manager
Trusted Family Member
None of the Above
Are you comfortable with a moderate level of uncertainty and risk?
Yes
No
Could you emotionally handle the difficulty of development plans being rejected by council after working on them for months and at great expense?
Yes
No
Having a 100% fully compliant design guarantees you won't go to VCAT
Guaranteed
Not Guaranteed
If you had plans rejected by council, would you give up, or do everything you could to make things work in a different way / convince the council otherwise?
Give up
Exhaust my options
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