When it comes to building wealth through real estate, the right funding can make or break a project. Whether you're planning to build townhouses, apartments, or a mixed-use site, property development finance is the key to turning your plans into a profitable reality. At WizWealth, we specialise in sourcing the most suitable property development loans for builders, developers, and investors across Australia.
What Is Development Finance?
Development finance is a specialised type of funding designed to support residential, commercial, or industrial property developments. It provides the capital you need to acquire land, cover construction costs, and complete your project. Unlike traditional home loans, development finance is structured in stages, allowing funds to be released as the development progresses.
These loans are typically short- to medium-term and can be tailored to suit projects of all sizes—from duplex builds to multi-unit residential complexes or commercial developments.
How Property Development Loans Work
Property development loans differ from standard mortgages. They are usually interest-only during the construction period and are based on the Gross Realisation Value (GRV) or Total Development Cost (TDC) of the project. This means your borrowing capacity is assessed not just on the land value, but also on the projected end value of the completed development.
Depending on the lender and the scale of your project, you may need to contribute a portion of the development cost (equity), while the rest is financed. Some lenders can offer up to 70–80% of the total cost, and in some cases, higher leverage may be available with mezzanine finance or joint venture arrangements.
Types of Projects Suited to Property Development Finance
Property development finance can be used for a wide range of projects, including:
Small residential subdivisions
Townhouse or duplex developments
Apartment complexes
Commercial or industrial buildings
Mixed-use developments
Whether you're a seasoned developer or exploring your first project, choosing the right finance structure is critical for success.
Why Choose WizWealth for Development Finance?
At WizWealth, we understand the complexities involved in property development and the importance of tailored finance solutions. As independent brokers, we have access to a wide network of banks, private lenders, and non-bank financiers that offer competitive and flexible property development loans.
We don’t just submit your application—we work closely with you to structure your deal properly, improve your approval chances, and ensure you get terms that align with your project timeline and goals. From feasibility assessments to settlement, we guide you through every stage of the funding process.
What Lenders Look for in a Development Finance Application
Lenders assess a variety of factors before approving development finance. These include your experience as a developer, the strength of your project feasibility, proposed profit margin, location of the site, and exit strategy (e.g., sale of units or refinance to long-term loans).
Having a clear plan and professional team—such as a builder, architect, and project manager—can significantly increase your chances of approval. At WizWealth, we help you prepare your application with all the required documentation to present your project in the best possible light.
Start Your Development Project with Confidence
Whether you’re building two townhouses or fifty apartments, securing the right property development finance is crucial. With WizWealth by your side, you get expert guidance, fast access to funding, and a finance partner who understands what developers need to succeed.
