Property development courses Melbourne: how to choose the right one for me?
Melbourne is a property developer’s dream, thanks to a strong economy booming and a fast-growing population. The following property development courses in Melbourne will help you get a start on your development career.
It’s official. Melbourne is Australia’s fastest growing major city. Each year a further 125,000 people call Victoria’s capital their home, with an annual growth rate of 2.7 percent helping to push the population to within a whisker of five million people.
And it’s no wonder why so many people want to call the city home. The economy is extremely strong and Melbourne is regularly voted among the world’s most liveable cities thanks to its multiculturalism, beauty and café culture.
This is all great news for property developers. While the market goes up and down, Melbourne’s fundamentals are good, and there’s likely to be an ongoing appetite for quality, targeted residential property developments going forward.
But if you’re not already a developer, how can you get a start? Where can you get the knowledge and skills required to carry out your own developments, from identifying properties with potential through to carrying out construction and then marketing and selling the new premises for a profit?
Unlike the old days when developers had to find their own way into the profession, there are now reputable property development courses in Melbourne that explain the theory to get started and how to put all the knowledge into practice. With a bit of study, you can hit the ground running and confidently launch into your first development.
Founded by the wealth and asset protection expert Dominique Grubisa, the DG Institute offers a range of property development courses in Melbourne aimed both at complete novices and those with some experience ‘flipping’ residential properties. Entry level courses are free and give participants a solid grounding in development. Advanced courses provide the high-level, detailed knowledge necessary to execute a successful development plus a range of other benefits.
Choosing the right property development courses
1) Property Developer Workshop
If you’re just at the stage of dipping your toe in the water, the two-hour Property Developer Workshop might be for you. It’s designed to give people an understanding of the basics of the development process and some of the different approaches that are possible. Depending on your situation, you might be interested in buying properties, obtaining council permission (a DA) to carry out improvements and then selling the property with a DA to someone else. Or you might be keen on subdivisions, where you buy a plot of land, carve it up into smaller portions and build new dwellings on each. Or, if you’re the more ambitious type, perhaps you want to consolidate land packages and create a large-scale residential development. This course will open your eyes to the possibilities.
2) Property Developer Summit
If you’re a little further down the track , the Property Developer Summit could be for you. This takes up a full day and aims to provide a deeper understanding of the possibilities of property development. Course attendees hear from Dominique Grubisa, the founder and CEO of the DG Institute who herself has an extensive property portfolio and is constantly undertaking developments. They also hear from external experts. Past participants have included award-winning Australian interior designer Shaynna Blaze and Tim Lawless, CoreLogic’s Director of Research who specialises in real estate markets and demographic trends within Australia.
3) Property Uplift Program
Finally, if you’re ready to take the plunge into a property development career, then the Property Uplift Program is definitely for you. This three-day property development course is actually held in Sydney, but attracts countless participants from Melbourne. Attendees are put into touch with some of the country’s most successful residential property developers. They’ll get into contact with all the contacts you need in the development game from town planners and architects, all the way through to financiers in a one stop shop interactive, networking and live learning event. This immersive experience is fully catered and participants receive a comprehensive workbook, exercises, keynote talks from experts in their field and networking drinks. The package includes: a property development manual; an event recording; a subscription to RP Data by CoreLogic (custom-built for DG Institute graduates); six months’ access to DG Institute’s custom-built RP Data online platform for sourcing sites and cutting edge due diligence; and six months’ subscription to Blockbrief by CoreLogic.
Participants also get access to feasibility study software, email support, a legal kit and much more. The aim is to have participants walk away ready to step into the world of residential property development and the start of their wealth creation journey.
With so many great property development courses in Melbourne to choose from, there’s sure to be something to suit your skill level and interests. Choose the right course, work hard, and make wise choices and you will be well down the road to success.
Frequently Asked Questions
Why property development over property flipping?
As countless Australians have found out, there’s good money to be made in property flipping. You find an undervalued property, carry out repairs and renovations, and hopefully sell on a rising market to reap a capital gain. But seasoned property flippers tend over time to become property developers. Why? There are two considerations. Firstly, smart developers are able to create value in a property by developing a product that buyers want, even in a falling market. Secondly, the scale of investment required for a property development often means bigger returns. One large development may yield the same profits as several small property flips.
Do we have a property development e-book available?
If you’re interested in finding out more about property development, an e-book can be an excellent place to start. The DG Institute’s e-book, The Property Developer’s Guide To Success, takes you through the stages involved in property development, including research, feasibility, preconstruction, construction and marketing and sale. You can read and learn at your own pace, and begin putting some of the lessons to use as you scope out potential development sites. You will learn about the costs involved in property development and the common pitfalls into which new developers fall.
What can you expect to learn from our Property Uplift Program?
The DG Institute’s Property Uplift Program provides you with a step-by-step guide to undertaking a property development, from planning and finance through to purchase of the property, building, marketing and sale. You will learn about the three key types of property development you are likely to become involved in. The first is DA Uplift where you obtain approval for a development and then on-sell the land and DA to another developer. Subdivision involves taking a large block of land and dividing it up into smaller parcels of land which you sell or develop. Residential unit development involves taking a site and building multiple units on it.
What can you learn from our property development webinar?
The DG Institute’s free webinar for small scale property investors explains how mum and dad investors are making $100,000 from low-risk residential developments. You will learn the three strategies that are working in today’s market. You will also discover how to use other people’s money to fund your residential developments. Plus, how investors like you are making six-figure profits without lifting a brick. You can use these strategies to own cashflow properties, debt-free. Use this approach to own an income-producing property without a mortgage burden.
If you want to have a taste of the knowledge shared at these three property development courses in Melbourne, join Dominique Grubisa for this upcoming webinar and learn how ‘small-scale’ property developers are making $100,000 (or more) from lower-risk, residential developments.