What are the essential steps for conducting a robust residential property development feasibility study in regional New South Wales?

A robust feasibility study for regional NSW begins with meticulous analysis of local planning regulations, infrastructure availability, and specific market demand, researching land acquisition costs and tailored design opportunities to meet regional buyer profiles. Subsequently, detailed financial modelling is critical, encompassing all construction, soft, and statutory costs, realistic revenue projections, and funding expenses, rigorously testing profitability metrics through sensitivity analysis to mitigate regional market and delivery risks.