What are the typical profit margins for duplex development projects in suburban Brisbane?

Typical profit margins for duplex development projects in suburban Brisbane generally range from 15% to 25% of the total development cost. This can fluctuate significantly based on land acquisition costs, construction efficiency, market demand, and the prevailing economic climate. Developers often aim for the higher end of this spectrum by optimising design for buyer appeal, carefully managing labour and material costs, and selecting sites with strong resale prospects. Factors like council approval timelines and unexpected site conditions can also impact the final realised profit, necessitating thorough due diligence and robust project management.