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What Does a Property Developer Do? - Oscaprime

What Does a Property Developer Do?

Property development is complicated. Even the simplest developments require the hands of thousands of man-hours—not only from a property developer but also from various specialised areas of expertise. Aside from the financial considerations, you must also contend with national, state, and local government legislation and regulations.

Are you interested in property development but don’t know where to start? Are you looking to partner with an experienced property developer who understands the various aspects of property development? Read this article to learn more. 

What is Property Development?

Property development, also known as real estate development, encompasses a series of strategic practices to increase a property’s value and facilitate its profitable sale. On a smaller scale, this can involve the renovation and resale of existing properties, commonly called “house flipping.” On a more substantial scale, it consists of converting a single large dwelling into several smaller units or developing on previously unused land. 

A property developer should not be confused with a builder. Developers manage the entire property development process, including the construction phase, site acquisition, design, securing permits, and other essential tasks. 

The Duties of a Property Developer

Property developers collaborate closely with architects, planners, builders, and other real estate specialists. The core duties of a property developer encompass:   

  • Discovering and evaluating potential real estate development opportunities 
  • Assessing the most profitable applications for residential or commercial properties 
  • Conducting negotiations for land or property purchases 
  • Crafting housing designs 
  • Setting financial parameters 
  • Establishing construction schedules 
  • Facilitating coordination among architects, builders, and other relevant parties for new developments 
  • Acquiring necessary planning permissions and approvals for development projects 
  • Securing financing for building endeavours 
  • Supervising the construction process to adhere to quality standards 
  • Performing appraisals of properties 
  • Marketing and facilitating the sale of newly developed or existing properties 

Essential Skills for a Property Developer

To excel in their role, a competent property developer must possess these key skills:

  1. Organisation – Property developers need to be methodical and systematic to manage various aspects of their projects efficiently.
  2. Vision and intuition – Developers use their foresight to identify promising investment opportunities others might overlook.
  3. Patience – Real estate projects often take months due to zoning, planning, building, and inspection processes, requiring developers to be patient.
  4. Market research – Thorough research helps developers understand buyer demographics, market demand, and trends, enabling them to make informed financial decisions.
  5. Negotiation – Strong negotiation skills help developers secure the best terms and prices for their property investments.
  6. Interpersonal communication – Effective communication is crucial as developers interact with planners, builders, and inspectors to clearly convey their ideas and plans.
  7. Problem-solving – Developers must be decisive and solution-oriented to tackle challenges and risks that arise during projects.
  8. Financial prudence – Understanding finance and funding options helps developers plan and invest wisely to achieve high returns. 


Property development is a complex and multifaceted field that goes beyond mere construction. It involves strategic planning, effective communication, and a keen understanding of market trends and financial management. Whether you’re considering investing in property development or looking to partner with a skilled property developer, understanding these roles and skills can help you make informed decisions. 

Reputable Property Developer in Melbourne

Are you looking for a reputable property developer in Melbourne? The Oscaprime group is here to discuss your next project. Discover how our expertise can bring your vision to life. Call +61 403 873 908 or email info@oscaprime.com.au. 

Send us a Message

Oscaprime

Our Group has extensive experience in finance, site acquisition, site evaluation, transaction structure, entitlements, building plans and permits, engineering, and construction to ensure that your assets are in excellent hands.

Our builders with development expertise will build your dream investment.

Address

PO Box 3027
Doncaster East VIC 3109

Phone Number

Phone Number :
+61 403 873 908

Email Address

Email Address :
info@oscaprime.com.au