The Land section is where you enter everything related to site acquisition — purchase price, acquisition costs, GST treatment on land acquisition, and any rental income before construction begins.
Article: What Land Cost to Use in your Feasibility: owned site, existing mortgage, land valuation or JV
Land Purchase
Click + New Land to get started. Add multiple land purchases if needed, each with its own GST and Margin Scheme setting.
Purchase Price
Select the Rate Type ($ Amount or $/m²) and enter the land rate. This figure is carried through the entire feasibility as the Land Cost to the development.
What amount should I enter?
The right figure depends on what you are modelling:
Buying the site: enter the agreed purchase price or contracted land value.
Already own the land: enter the current market value to model a true opportunity cost, or $0 if you want to exclude land cost from the feasibility entirely.
Amount owing: enter the outstanding debt on the land if that is the cost being carried into the development.
Land Owner JV: enter the agreed land value as determined by the joint venture arrangement.
Considerations depending on what you are modelling:
Debt financing: your lender may take security over the land. Check with your financier on how to treat the land value in your funding structure.
JV or equity partners: consider the third-party arrangement on completion. See Funding.
GST and Margin Scheme: GST treatment affects the land cost carried through the feasibility. See GST and Tax.
Residual Land Value: not sure what land price supports the development and target margin? See RLV Calculator.
Land Purchase GST Options
Both inputs work together — your GST Included selection determines whether the Margin Scheme is available.
GST Included: Select whether GST is included in the land purchase price.
Yes: GST is included in the purchase price. The GST amount is auto-calculated by Feasly. See the Land GST Input Tax Credit field. The Margin Scheme is not available and will be locked as Not Applied.
No: GST is not included in the purchase price. The Margin Scheme dropdown becomes available.
Margin Scheme: Available when GST Included is set to No.
Not Applied: No Margin Scheme benefit is applied.
Applied: Feasly applies the ATO Consideration Method (estimate only). GST is calculated as 1/11th of the margin (total sale price inc. GST minus land cost base). Once applied, the Margin Scheme benefit flows automatically through the platform and is reported in both the Feasibility Summary and Feasibility Detailed reports.
Seek professional advice to confirm GST treatment and Margin Scheme eligibility.
Land Payments
Add any pre-settlement payments (e.g. deposit, options).
Acquisition Costs
Enter all other land-related costs e.g legal fees, conveyancing, broker fees, entity setup costs, soil test.
Stamp Duty: Enter stamp duty as a manual input.
Why doesn’t Feasly auto-calculate stamp duty?
Stamp duty varies by state and depends on buyer type, property type, and applicable concessions. Feasly keeps this field manual so you can enter the most accurate figure for your scenario. Check your state revenue office or consult a professional for current rates
Pre-Development Rental Income
Option to add rental income if the site generates rental income before development begins. Enabling this also unlocks rental costs option.