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    Construction Feasibility Studies

Construction Feasibility Studies | Bidkon

At Bidkon, we provide in-depth feasibility studies that serve as the basis for successful construction projects. Our team analyzes projects at the concept stage to assess feasibility, identify risks and improve the return on your construction investment.

What is a construction feasibility study?

A construction feasibility study is a thorough analysis to determine whether your planned construction project is technically possible, financially viable and meets your objectives. Our studies look at all the important factors that could affect your project. This gives you the insights you need to make smart decisions before you commit your resources.

Why choose Bidkon for your construction feasibility study?

🏆 Industry Experience

Our team has more than 15 years of experience in the Australian construction market

🔍 Full Spectrum Analysis

We examine every factor that impacts project feasibility, from site conditions to market demand

📊 Research-Based Approach

Our studies are based on accurate market research and financial modeling

💡 Practical Solutions

We deliver actionable insights that you can use

⚠️ Early Risk Identification

We find potential problems early to avoid costly surprises

⚖️ Objective Assessment

Our unbiased analysis supports clear decision making

Our construction feasibility study process

1. Project scoping and goal definition

We start by understanding your vision, goals and project requirements. This lays the foundation for our analysis and ensures we are aligned with your strategic goals.

2. Site and location analysis

Our team reviews site characteristics, zoning regulations, accessibility, environmental factors and nearby services to determine if the site is suitable for your proposed development.

3. Technical feasibility assessment

We review design concepts, construction methods, material availability and technical requirements to confirm that your project can be built as planned.

4. Market analysis

Our market research looks at demand forecasts, competitor analysis and the needs of the target audience to verify the market potential of your project.

5. Financial analysis

We provide detailed cost estimates, cash flow projections, funding options, ROI calculations and sensitivity analysis to determine the financial viability of your construction project.

6. Risk assessment

Our team identifies potential obstacles, regulatory challenges, market risks and operational issues that could impact project success and strategies to overcome them.

7. Recommendations and implementation roadmap

We provide clear, actionable recommendations based on our findings, including a strategic plan with timelines and checkpoints.

What our feasibility studies include

Construction Costs Analysis

Detailed breakdown of all building-related expenses

Operating and Maintenance Costs

Long-term cost implications beyond initial construction

Site Utilities Assessment

Review of utilities and infrastructure requirements

Budget Framework

Full budget planning and financial parameters

Competitor and Market Analysis

Understanding your competitive landscape

Cash Flow Modeling

Projected revenues and expenses throughout the project lifecycle

Alternative Scenarios

Evaluating different approaches to maximize the outcome

Risk Matrix

Identifying and assessing potential challenges

Sustainability Considerations

Reviewing environmental impact and sustainable design options

Benefits of our feasibility studies

🛡️ Risk Mitigation

Identify and address potential issues prior to major investment

🧠 Informed Decision Making

Gain clarity on whether to proceed, change or abandon a project

📐 Improved Design

Fine-tune project scope and design for maximum efficiency and return on investment

💰 Funding Support

Our detailed studies help secure financing from lenders and investors

📉 Cost Control

Create realistic budgets and find cost saving opportunities

🤝 Stakeholder Alignment

Reach agreement between stakeholders using evidence-based analysis

🗺️ Clear Planning

Develop solid roadmaps for successful project execution

Types of construction projects we support

Our experience with feasibility studies covers various construction projects:

Commercial

Office buildings, retail centers, hotels

Residential

Apartment buildings, residential communities

Industrial

Manufacturing plants, warehouses, distribution centers

Healthcare

Hospitals, medical centers, aged care facilities

Education

Schools, universities, training centers

Community

Sports facilities, community centers, public spaces

Mixed-Use

Combined residential, commercial and retail projects

When you should commission a feasibility study

A construction feasibility study is essential:

  • ✅ Before buying a plot of land for development
  • ✅ If you are thinking about a major construction investment
  • ✅ Before looking for construction financing or financing from an investor
  • ✅ When you are weighing up several potential projects to allocate resources
  • ✅ If you are considering renovating or repurposing existing structures
  • ✅ Before embarking on complex or high-risk construction projects
  • ✅ When entering new markets or construction sectors

Case study: Commercial development in Melbourne

Challenge for the client:

A developer was considering a $25 million mixed-use commercial development in Melbourne's growing northern suburbs, but needed to assess market demand and financial viability before proceeding.

Our approach:

Bidkon conducted a thorough feasibility study that included a market analysis, competitive assessment, detailed construction cost estimation and financial modeling with multiple scenarios.

The result:

Our analysis identified opportunities to optimize the design, reducing construction costs by 12% while increasing potential rental income by adjusting the tenant mix. The client secured financing based on our feasibility report and completed the project with a return that exceeded original projections.

Request your building feasibility study

An accurate feasibility study is the foundation for any successful construction project. Get in touch with Bidkon today to discuss how our detailed feasibility studies can help determine the viability of your next construction project and make it a success from day one.

Contact our team of experts for a consultation
Bidkon Feasibility Studies FAQs

Frequently Asked Questions

Important Information about Our Feasibility Studies for Construction Projects

What exactly does a Bidkon feasibility study include that standard assessments may not?
Our feasibility studies go beyond simple valuations by incorporating detailed financial modeling with sensitivity analysis, comprehensive risk matrices specifically tailored to Australian construction conditions, and thorough assessments of local market demand. We analyze not only whether a project can be built, but also whether it will achieve the expected returns under different market scenarios. Unlike standard assessments, we also evaluate sustainability opportunities and their long-term cost implications, helping you make environmentally friendly decisions that can also improve the marketability of your project.
How long does a typical construction feasibility study at Bidkon take?
The timeframe for our feasibility studies depends on the complexity and scope of the project. For smaller developments, we can usually deliver comprehensive results within 2-4 weeks. Larger, more complex projects may take 4-8 weeks to ensure a thorough analysis of all variables. We will set a clear timeline at our initial consultation and keep you informed throughout the process. If you have specific deadline requirements, we can often adjust our approach to accommodate time-sensitive projects without compromising the quality of our analysis.
Can a feasibility study be carried out if we still have to decide between several potential sites?
Yes, of course. In fact, comparative feasibility studies are one of our specialties. We can analyze multiple sites simultaneously and provide you with a clear comparison of the benefits, challenges and potential returns of each option. This approach helps you make an informed decision about which location offers the best opportunities for your specific project objectives. We evaluate factors such as zoning restrictions, site accessibility, soil conditions, access to utilities and market potential for each site, giving you a comprehensive overview of your options before you commit to purchasing a property.
How accurate are the cost projections in your feasibility studies?
Our cost projections are based on current market prices, detailed quantity surveying, and historical data from similar projects at comparable sites. We typically achieve an accuracy of 10-15% in the feasibility phase, which is industry leading. To increase accuracy, we build in contingencies based on project-specific risk factors and add sensitivity analysis to show how variations in key costs could impact overall economics. We make the confidence levels of the various cost components transparent and show which elements could be subject to major fluctuations.
Do you consider regulatory and compliance issues specific to the different local councils in Australia?
Yes, regulatory compliance is a cornerstone of our feasibility studies. We maintain relationships with planning authorities across Australia and stay current on local regulations in the various local authority areas. Our studies include a thorough review of applicable zoning regulations, building codes, development overlays, heritage considerations and environmental requirements that apply to your project site. We identify potential code compliance issues early and calculate the time and costs associated with meeting these requirements.
How do your feasibility studies take into account the market fluctuations that can occur between planning and completion?
Our feasibility studies include market trend analysis and scenario planning to account for potential market changes. We analyze historical market cycles, current trends and economic indicators to forecast how the market might evolve during your project period. We then develop several financial scenarios, conservative, expected and optimistic to show how your project could perform under different market conditions. This approach gives you a clear understanding of the potential risks and opportunities and allows you to make contingency plans and adjust your strategy if necessary.
Can a feasibility study help us get financing from lenders or investors?
Absolutely. Our feasibility studies are specifically designed to address the concerns and requirements of financial institutions and investors. We provide comprehensive financial analysis, including detailed cash flow projections, ROI calculations and risk assessments that lenders require when evaluating construction loans. Many of our clients successfully use our reports to secure financing because banks and investors value the thoroughness and objectivity of our analysis. We can also customize certain aspects of the report to meet lenders' specific requirements if you let us know in advance.
What if the feasibility study concludes that our project is not viable as currently planned?
If our analysis indicates problems with the current plan, we don't just deliver bad news — we offer constructive alternatives. Our feasibility studies include recommendations to improve viability, such as project scope adjustments, staging options, alternative design approaches or other positioning strategies. Many clients have successfully turned initially difficult projects into profitable ventures by implementing our recommendations. We see our role as helping you find the path to success, not just evaluating the current concept.
How does Bidkon's approach to feasibility studies differ for commercial and residential projects?
For commercial projects, we place greater emphasis on analyzing tenant demand, competitive market positioning and long-term income projections. We evaluate comparable properties, rental yield trends and vacancy rates for each category (retail, office, industrial, etc.). For residential projects, we focus more on buyer demographics, price point analysis and competitive product offerings in the target market. In both cases, we tailor our approach to the specific project type, ensuring that the analysis takes into account the unique factors that drive success in that sector of the construction market.
Can your feasibility studies help us optimize our project design to achieve better returns?
Yes, design optimization is a valuable outcome of our feasibility studies. We identify specific design elements that could improve financial performance, such as adjustments to the mix of apartments, amenities or room layouts. For example, our analysis may show that increasing the number of two-bedroom apartments at the expense of one-bedroom apartments would better meet market demand and improve returns. We also evaluate construction methods and materials that could reduce costs without compromising quality or marketability. These findings often lead to significant improvements in project profitability.
Do you also consider elements of sustainability and green building in your feasibility studies?
Sustainability considerations are integrated into our feasibility studies. We evaluate both the costs and benefits of green building initiatives, energy efficiency measures and sustainable design elements. Our analysis includes potential premium values for sustainable features, available government incentives, long-term operational savings and marketing benefits. We help you make informed decisions about which sustainable elements offer the best return on investment for your specific project and target market by balancing environmental responsibility with financial performance.
How do you handle the confidentiality of sensitive project information in your feasibility studies?
We treat all client information with the utmost confidentiality. Before we start work, we can sign a formal confidentiality agreement tailored to your specific requirements. Our team follows strict information security protocols, and access to project data is limited to team members directly involved in your feasibility study. Final reports and supporting documentation are delivered through secure channels, and we may take additional security measures for particularly sensitive projects. Your competition information and project details remain strictly confidential throughout our work.
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    Unit 3, Dyon Road,
    West Melbourne, VIC 3003,
    AUSTRALIA.

    info@bidkon.com.au

    +61 430 194 637

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