Commercially grounded planning and economic solutions

Our focus is to provide our clients across all levels of the public and private sectors with value-adding and timely services. Our experience ranges from informing regional-wide level planning frameworks for Government through to detailed site-specific investigations for developers, landowners and investors. Our collaboration of disciplines and breadth of industry experience, coupled with our passions for our work and reputation, has seen us deliver creative and commercially viable outcomes for our clients, in harmony with community needs and expectations.

Services

Urban and Retail Economics

Boasting a reputation as trusted, respected and independent economic advisors, our experts understand the motivations and risks of the public and private sector.

Our economic team offer a large range of urban and retail economic services which is supported by considerable experience, industry accepted in-house economic modelling tools and capabilities. Our comprehensive economic analysis and forecasts have helped our clients across the public and private sectors make better policy, strategy and property decisions. Our integrity and commercial thinking are embodied in economic analysis. We act as an honest broker to protect the public interest and balance on an evidence basis the demands and needs of development industry.

Request a capability statement

Urban and Retail Economics

Property Market Research and Forecasting

The markets we deal in move rapidly in economic good times as well as in downturns. This necessitates strong, experienced-based judgements at all times to ensure forecasting is robust and dependable. HillPDA deals in advice across all property markets and employs specialists to ensure you make the right decision in any given market, location and asset class. Our contacts in industry are second to none because of our no-conflict-of interest, independent status. The depth of research is tailored to suit your purpose and ranges from the micro level (down to 800m radius) to national trending overviews.

Urban and Retail Economics

Economic Appraisals (Cost Benefit Analysis)

HillPDA has prepared economic appraisals for a large number of public and privately funded projects including affordable housing, urban renewal initiatives, highway upgrades and major multi-use residential, retail and tourism projects. The appraisal includes the identification of benefits and costs and their quantification and cash flow modelling to derive an overall cost / benefit for a nominated standing. Our bespoke CBA models have been widely recognized by State and local governments in the evaluation of project options and development proposals.

Urban and Retail Economics

Economic Impact Assessment

Increasingly the development assessment process requires an understanding of a project’s potential economic impacts. HillPDA are experts in assessing net employment creation, economic impacts on businesses, impacts on changes to service delivery and changes in property values. Importantly HillPDA not only calculates potential impacts but proactively identifies mitigation strategies to minimise, and where possible avoid, negative impacts arising from any change.

Urban and Retail Economics

Expert Witness and Peer Review

HillPDA’s planners, property economists and valuers have extensive experience in acting as expert witnesses. Our experienced team can provide expert evidence at hearings and litigation trials on property economics, strategic land use and economic and retail impacts of proposals. The persuasive cases we deliver on behalf of our clients are underpinned by evidence that is well researched, commercially astute and of the highest standard.

Urban and Retail Economics

Financial Modelling & Auditing

Understanding the intricacies of a financial problem is a well-regarded strong point of HillPDA Consulting. Whether it’s a lease buy-out, effect of a future purchase, cost benefit analysis or forensic examination of a complex financial structure, HillPDA has the capacity to provide expertise across the full breadth of property sectors.

Urban and Retail Economics

Retail Economics

HillPDA provides a range of services in the field of retail economics including retail demand forecasting, retail trends analysis, competition and spatial trade area analysis, market delineation and retail impact assessment. To deliver these services HillPDA has developed a range of bespoke models including forecast expenditure models and gravity impact models. These methods have been tried and tested in the NSW Land and Environment Court and recognized by Government policy.

Urban and Retail Economics

Highest and Best Use Assessment

The basis of all property investment is what constitutes the current permissible and best use of a property. What are my options? How will the market view it? And, more importantly, how should I proceed? Operating within a changing market,along with reviews to land use zones and planning regulations, this process makes all the difference in maximizing the value of any property. The process is second nature to HillPDA’s experts who have a wealth of experience in this analysis.

Urban and Retail Economics

Value Uplift & Value Capture Modelling

What If? The maximisation of property values in good times – or in hard times the limitation of value loss -is a strong capability of HillPDA. To maintain this capability HillPDA collaborates across its planning, valuation, property economic and advisory teams to better understand the base case and to devise innovative methods to enhance value. This theoretical view is then backed by HillPDA’s strong financial modelling skills to ensure market research-based viability.

Urban and Retail Economics

Commercial Centres and Employment Lands Strategies

It’s imperative for both the private sector and government authorities to have a good appreciation of market trends in any local government area or region and the future demands for retail and commercial space and employment lands as part of strategic planning.  From that is the development of strategies to accommodate growth or potential growth to ensure the delivery of jobs and economic development.  HillPDA has worked with Councils, planning authorities and even the private sector in developing the necessary forecasting models and policies or strategies in these fields.

Urban and Retail Economics

Project Evaluation and Business Cases

Any significant project whether it be public, private or a joint venture requires a business case. Business cases encompass a wide range of services all binded into a single document. The tasks and services include setting project objectives and justification, market appraisal, financial appraisal, economic appraisal, risk assessment, stakeholder engagement, governance and implementation. There are Commonwealth and State government guidelines in the preparation of business cases, methodology, relevant matters for consideration, inclusions and exclusion.

Urban and Retail Economics

Tender Assessment and Negotiations

HillPDA has a long history in assessment of tenders mainly in relation to government (local and state) owned sites where joint venturing with the private sector can deliver a beneficial outcome in terms of financial return and/or public benefits.  In the assessment of tenders HillPDA provides an assessment of likely financial and non-financial returns to government and the various risks associated with the project.

Urban and Retail Economics

Hotel and Tourism Studies

Unlike commercial and residential markets appraisal of the tourism market and its wide umbrella of sub-markets can be quite vexed. An understanding of the experiences that tourists are getting is important but so are the experiences that they’re not getting. Latent demand is often harder to measure due to a lack of empirical data but it is imperative in feasibility testing and impact assessment. Extensive stakeholder consultation combined with econometric forecasting are techniques to overcome these challenges.

Valuation and Feasibility

The HillPDA Valuations and feasibility team provides industry leading feasibility testing and advisory services. Our services are supported by a strong research-based approach, application of industry endorsed proprietary software EstateMaster, a deep understanding of the intricacies of financial problems and the ability to communicate complex issues in simple terms. We analyse development viability with all permutations required. Our focus is on adding value for our client whilst saving them time and money. Our property valuation services use best practice and contemporary financial valuation techniques and theory to ensure our valuation advice is accurate and relevant. Our industry experience, understanding of commercial trends and financial requirements has branded us as leading industry experts for providing independent and unbiased commercial advice for both government and the private sector.

Request a capability statement

Valuation and Feasibility

Land and Property Valuation

HillPDA has been providing property valuation services for over 30 years. As registered valuers, we use up-to-the-minute financial valuation techniques and theory to ensure our valuation advice is accurate and relevant. We offer our property valuation, research and advisory services to corporate and institutional investors, developers and Local and State Government bodies. Our list of services includes (but not limited to):

  • Current Market Value
  • Retrospective Valuations
  • Stamp Duty
  • SMSF Transfer
  • Financial or Accounting Valuations
  • Insurance Valuations
  • Unit Entitlements
  • Expert Witness
  • Land Tax Objections
  • Public Benefit Valuation
  • Voluntary Planning Agreements Reviews
  • Leasehold Interest
  • Market Rental Review
  • Post-Completion Valuation
  • Pre-Purchase or Disposal Advice
  • Compulsory Acquisition Valuation
  • Residual Land Value
  • Property Portfolio Valuation
Some recent case studies include:
  • Former Munmorah Power Station – Generator Management Pty Ltd
  • Nominated development sites within Telopea – Land and Housing Corporation
  • Nominated development sites within Cumberland East and West Precincts – Health Infrastructure
  • Education Site in Calderwood – LendLease
  • Science House, 157 Gloucester Street, The Rocks – Property NSW
  • 66 Harrington Street, The Rocks – Property NSW
  • Council Land, Umina Beach – Central Coast Council
  • Warringah Mall Bus Stop – Transport for NSW

Valuation and Feasibility

Market Demand and Trends

One of the vexing questions in development is understanding demand and market drivers. HillPDA's valuation and feasibility experts can delve into a nominated market or markets using multiple mapping, statistical and research tools along with reliable industry contacts. Our research then supports our analysis and advice concerning the degree and timing of demand to assist you in making the correct decision. Our expert team provides insight across retail, residential, commercial, industrial and tourism markets along with other niche markets.

Some recent case studies include:
  • Stadia Precinct Market Demand, Trends and Financial Advice – Sydney Olympic Park Authority
  • Double Bay Town Centre Economic Feasibility Study – Woollahra Council
  • Rhodes East Priority Investigation Market & Feasibility Study – NSW Department of Planning
  • Atlassian Leasehold Stratum Site Commercial Valuation –Atlassian, Avenor and Planum Partners
  • Penrith Living Well Precinct Market Research and Feasibility Testing – Penrith City Council
  • Portfolio Level Feasibility Modelling and Strategic Advice Australian Turf Club
  • Market appraisal and feasibility testing for more than 50 potential priority precincts in Greater Sydney NSW Department of Planning and Environment

Valuation and Feasibility

Leasehold Interests

Leasehold interests are frequently complex and demanding to understand and value. HillPDA has been involved in some of the largest and most complex lease-hold cases in Australia. The purchase of leasehold can cost a great deal of time and money and a HillPDA valuation and advice in the process will assist to reduce costs and time. Protection of the interest of local and State Government in leasehold purchase or sale negotiations is also a key part of the HillPDA offer.

Some recent case studies include:
  • Atlassian Leasehold Stratum Site– Atlassian, Avenor and Planum Partners
  • Science House 157 Gloucester Street, The Rocks – Property NSW
  • 66 Harrington Street, The Rocks – Property NSW
  • 16-18 Grosvenor Street, The Rocks – Property NSW
  • Cerebral Palsy Administration Office – Allambie Heights Cerebral Palsy Alliance
  • Quay West Carpark Stratum, The Rocks – Property NSW
  • Holiday Inn Ground Lease at 55 George Street, Sydney – Property NSW
  • Cerebral Palsy Administration Office – Allambie Heights Cerebral Palsy Alliance

Valuation and Feasibility

Masterplanning and staging advice

HillPDA has provided advice on the financial feasibility to support the direction of significant masterplans across Australia for over 30 years. We use the sophisticated Estate Master property software and support our modelling with robust market research, a databank of market-tested assumptions and performance benchmarks. Our advice seeks to help realise a masterplan's potential by ensuring it is not simply a case of 'will it work' but 'how best will it work' which is fundamental to the realisation of a sustainable and cohesive development that supports the highest and best use of the land that embraces the landowner's vision.

Some recent case studies include:
  • Port Kembla Revitalisation Study – Wollongong City Council
  • Brighton Le Sands Master Plan – Bayside Council
  • North West Rail Link Corridor Strategy and Structure Plan – NSW Department of Planning
  • Blue Mountains Workplace Strategy – Blue Mountains City Council
  • Economic Assessment and Feasibility for Wentworthville Centre Revitalisation – Holroyd City Council
  • Long-Term Accommodation Strategy – Inner West Council
  • Waterloo Estate Feasibility Modelling – UrbanGrowth NSW Land and Housing Corporation
  • Gosford Regional City Planning and Feasibility Report – Government Architect NSW

Valuation and Feasibility

Feasibility and Residual Land Valuation

Residual land valuation is the process of valuing land with development potential. This can assist with understanding whether the property's 'as is' value (its current use value) is greater than its residual land value. This will assist a property owner/developer to determine how much they can afford to purchase or sell the property. This type of analysis is based on its development potential in consideration of potential gross realisation (end sale revenue such as brand new apartments) minus expenditures such as the cost of site preparation, land remediation, construction, professional fees, developer contributions etc. to achieve a profitable project outcome after meeting profit and risk hurdles.

This exercise is often complex with many pitfalls, and HillPDA are leaders in EstateMaster, which tests the financial viability of projects or conducts valuations by forecasting cashflows or the profit and risk profile of your next project.

Some recent case studies include:
  • Atlassian Leasehold Stratum Site Commercial Valuation – Atlassian, Avenor and Planum Partners
  • Penrith Living Well Precinct Market Research and Feasibility Testing – Penrith City Council
  • Portfolio Level Feasibility Modelling and Strategic Advice Australian Turf Club
  • Property Valuation Services for Parramatta Light Rail Stage 2 – Transport for NSW
  • Frank Vickery Village Master Planning and Feasibility Analysis – Wesley Mission
  • Communities Plus feasibility testing – Land and Housing Corporation
  • Portfolio Development Feasibility Analysis and Reporting – Evergrande Properties
  • Chatswood Spring Quarter feasibility testing – Spring Quarter Pty Ltd
  • Divestment Advice of State Government Assets, Throsby and Lee 5 – Hunter Development Corporation
  • Honeysuckle Strategic Divestment and Advisory – Hunter Development Corporation

Valuation and Feasibility

Property Portfolio Valuation

The ongoing management of an extensive property portfolio can be daunting, particularly as property market conditions change and unforeseen risks present themselves. Variables that frequently change include rents, yields, end sale values, market conditions (macro & micro), market demand and interest rates. We can assess the performance of your portfolio or asset against industry benchmarks, which includes reviewing rents or target hurdle rates. We can value your property for financial reporting purposes or with the assistance of our Development Management team advise on the financial performance of your property portfolio.

Some recent case studies include:
  • Portfolio Acquisition (2016) - Avid Property Group

Valuation and Feasibility

Value Uplift and Value Capture Modelling

What If? The maximisation of property values in good times, in hard times or the limitation of value loss, is a strong capability of HillPDA. To maintain this capability, HillPDA collaborates across its planning, valuation, property economic and advisory teams to better understand the base case and to devise innovative methods to enhance value. This theoretical view is then backed by HillPDA's strong financial modelling skills to ensure market research-based viability.

Some recent case studies include:
  • VPA valuations and negotiations for 4 major commercial/residential developments in St Leonards – Lane Cove Council
  • VPA valuations and negotiations for 2 commercial site redevelopments, 1 residential estate and 1 mixed retail development – Willoughby City Council
  • valuation and negotiations of a VPA for site amalgamations with council land and adjoining mixed-use proposal – Bankstown City Council
  • Planning policy advice for VPA policy –Woollahra City Council and Willoughby City Council
  • Kingsford to Kensington Development Contribution Scheme – Randwick City Council
  • Parramatta Road Corridor Feasibility Study – UrbanGowth NSW
  • Parramatta Light Rail Value Sharing Contributions Policy Framework & Implementation Advice – Transport For NSW

Valuation and Feasibility

Independent Peer Review and Assessment of Planning Proposals

The VPA process has proven itself as a useful planning mechanism to derive development contributions to expend on necessary infrastructure works and public amenity necessitated by new property developments.

A VPA's success is based on accurate development feasibility analysis of importance to the commercial negotiations (for both parties). HillPDA has been involved in property feasibility analysis and development of land valuations for almost 30 years. This skill has been extensively used to facilitate commercial negotiations between developers and consent authorities for matters such as VPA negotiations with direct benefit for public works priorities created by new property developments.

Some recent case studies include:
  • Reviewing and Drafting the Willoughby Council VPA policy – Willoughby Council
  • Waterloo Estate Feasibility Peer Review - UrbanGrowth NSW
  • Submission and presentation to Planning Commission on behalf of Randwick Council for the concept and justification for a fixed Dollar rate for bonus GFA under a VPA provision – Randwick Council
  • 41 McLaren Street, North Sydney VPA peer review –North Sydney Council
  • The Stables Randwick VPA – Randwick City Council
  • 71-97 Regent St Kogarah VPA Review – Georges River Council
  • LaHC 2017/204 Riverwood Renewal – NSW Land and Housing Corporation
  • Precinct 75, St Peters (industrial property for part conversion to residential with 90 units) – Inner West Council
  • 168 Norton Street Leichhardt (Uniting Church property – potential 120 units with Affordable Housing) –Inner West Council
  • 1-21 Dillwynnia Grove, Heathcote (unit and townhouse development underpinning the restoration costs of Heathcote Hall – 55 units) –Sutherland Council
  • Meriton Macquarie Park VPA review (900 units over three stages and five years) –City of Ryde Council
  • 9 Gloucester Road, Hurstville – VPA advice provided to the developer (Great Tang Bros)
  • Hurstville Landmark Square mixed use and hotel feasibility – Dickson Rothschild
  • Ryde Civic Place bonus floor space – Ryde Council
  • Parramatta Civic Place bonus floor space – City of Parramatta
  • Parramatta Road Corridor Studies –UrbanGrowth NSW
  • Valuation of Bonus Floor Space, Burwood and Strathfield Town Centres – Burwood Council
  • St Leonards South Precinct value of bonus floor space – Lane Cove Council
  • Bondi Junction, 570 Oxford Street, Valuation of Bonus Floor Space – Waverley Council
  • Bondi Junction 33-37 Waverley Street Valuation of floor space Bonus for VPA – Waverley Council
  • Bondi Junction, 241 Oxford Street, Valuation of Bonus floor space – Waverley Council

Valuation and Feasibility

Expert Court Witness for Feasibility and Valuation

Martin Hill is the founding director of HillPDA. With over 30 years of industry leadership, Martin specialises in development feasibility and strategy, financial modelling and benchmarks, economic impact and cost-benefit analysis, complex property valuations, government policy and economic growth.

He has provided financial feasibility advice on many of Australia's most complex urban renewal areas, major master plans and developments and is a Fellow of API and a certified property valuer. Martin has testified as an expert witness on valuation, economic impact, discount cash flow analysis, development feasibility, retail demand and heritage impact to commercial viability in the Land and Environment Court. Martin is well versed in all facets of development feasibility and valuation and is viewed as an expert in all matters of property valuation. If you have a dispute regarding a development site with a developer or government body and require an independent opinion, HillPDA is here to assist.

His experience in providing evidence and acting as expert witness in Land and Environment Court proceedings has been in the following:
  • The City of Sydney vs Vision Land (Glebe)
  • Bunnings vs Ku-ring-gai Council (3M Building Pymble)
  • AMP Investments Ltd v Newcastle City Council
  • Australand Industrial No.18 Pty Ltd v Auburn Council
  • Baker Kavanagh Architects v Botany Bay Council
  • Randall Pty Ltd v Willoughby Council
  • Terrace Tower Holdings Pty Ltd v Sutherland Shire Council
  • Woolworths Ltd v The Warehouse Group Pty Ltd (Villawood)
  • Woolworths Ltd v The Warehouse Group Pty Ltd (Warwick Farm)
  • Woolworths Ltd v The Warehouse Group Pty Ltd (Orange)
  • Xenos Jordan v Theo Balgowlah
  • Mars Capital Corporation Pty Ltd v Sutherland Shire Council
  • Totem Centre Redevelopment Balgowlah v Manly City Council
  • LEC Proceeding 30669 of 2004 - Alstonville
  • Pavlakis v Shoalhaven Council
  • Stadion Pty Ltd v Blacktown City Council
  • 152 Taren Pt Rd Pty Ltd v Sutherland Shire Council
  • Multari v Roads and Traffic Authority
  • DEM (Aus) Pty Ltd v Pittwater Council Expert Witness
  • Kingswood North West Surveys Pty Ltd v Penrith City Council

Valuation and Feasibility

Pre-purchase or Disposal Advice Due Diligence

Due diligence is critical for property transactions. Too often purchasers neglect to conduct a full due diligence check on a property. With our multidisciplinary team that includes planners, economists and valuers, our process of evaluating a potential investment seeks to understand the assets true commercial potential and identification of real or perceived risks that could impact the transaction value.

Some recent case studies include:
  • Education Site in Calderwood – LendLease
  • Science House 157 Gloucester Street, The Rocks – Property NSW
  • Council Land, Umina Beach – Central Coast Council
  • Warringah Mall Bus Stop – Transport for NSW
  • 4-6 Dora Street, Hurstville – Georges River Council
  • Morisset Street, Queanbeyan Council Car Park – Queanbeyan City Council
  • 2 McLachlan Avenue, Artarmon – Willoughby City Council

Valuation and Feasibility

Compulsory Acquisition and Negotiation Advice

Is your interest in a property affected by a compulsory acquisition? HillPDA can provide an impartial, objective and independent advice on your behalf and maximise the amount of compensation available to you. This does not only include the impact on the value of your property but also other matters of compensation such as the property's special value, professional fees, loss and damage caused, relocation costs or solatium (non-financial disadvantage).

Some recent case studies include:
  • Warringah Mall Bus Stop – Transport for NSW
  • Barton Park – Department of Primary Industries
  • Widening of Wahroonga Freeway, Mulgoa Road, Penrith and Sydney Gateway (West Connex inter-change) road project inclusive of industrial properties (Tempe) and public parkland – Roads and Maritime Services
  • RE1 zoned land – Bayside Council
  • 4-6 Dora Street Hurstville – Georges River Council
  • Part of Harold Park Raceway Site Redevelopment – Sydney City Council

Valuation and Feasibility

Feasibility Tipping Point Analysis for Planning Controls and Changes

One of the most vexing questions in development is whether there is market demand for a land use. HillPDA's development advisory and market research experts delve into a nominated market or markets using multiple mapping, statistical and research tools along with strong industry contacts. Our research then supports our analysis and advice concerning the degree and timing of demand to assist you in making the correct decisions across retail, residential, commercial, industrial and tourism markets as well as other niche markets.

Based on the market research, we can then test the development feasibility options on the site to reality check the preferred design. We can also provide advice or a 'tipping point' for what it would take for a development to be considered viable. A 'tipping point' is the point at which a development becomes financially viable. This can be achieved through increases in the gross floor area of the development or through value capture mechanisms like voluntary planning agreements.

Some recent case studies include:
  • Military Road Corridor Economic Baseline Report – North Sydney Council
  • Gosford Regional City Planning and Feasibility Report – Government Architect NSW
  • Sutherland Shire Strategic Centres Economic Study – Sutherland Shire Council
  • West Ryde Revitalisation Study – City of Ryde
  • Woy Woy Town Centre Economic and Development Feasibility Study – Central Coast Council
  • Five Dock Town Centre Urban Design Study – City of Canada Bay
  • Willoughby Local Centres Study – Willoughby City Council
  • Blaxland Town Centre Feasibility Assessment – Blue Mountains City Council
  • Padstow, Pannaia and Greenacre Town Centre Financial Viability Testing – City of Canterbury Bankstown

Valuation and Feasibility

Highest and Best Use Valuation

Do you know the full potential of your property? What are your options? How will the market view your property if it is sold? And, more importantly, how should you proceed if you want to sell?

Operating within a changing market, along with reviews to land use zones and planning regulations makes all the difference in maximising the value of any property. The process is second nature to HillPDA's experts who have a wealth of experience in this analysis.

Here at HillPDA we will consider not only its current use but also its value based on alternative uses which may include re-adaptive/refurbishment, higher density (i.e. townhouses or apartments), affordable housing or student accommodation. HillPDA differs from other consulting firms as our multidisciplinary team that includes planners, economists and valuers will give us insight into many areas that are often overlooked.

Some recent case studies include:
  • Former Penrith Council Chambers – Penrith City Council
  • 15-19 Clarence Street, Burwood – Private Client
  • Chatswood Public School – NSW Department of Education
  • 1 Donovan Street, Revesby Heights – Bankstown City Council
  • 34 Mindarie Street, Lane Cove – Aboriginal Housing Office
  • Schweppes Site Orange Grove – APP Corporation
  • 3 Abbot Road, Artarmon – Willoughby City Council
  • 2 Elizabeth Street, Artarmon – Willoughby City Council
  • Leichardt Depot – Willoughby City Council
Some older case studies include:
  • Maitland Walka Water Works – Maitland City Council
  • Neutral Bay Defence Site – Department of Defence
  • Woolwich Defence Site – Department of Defence
  • Crows Nest Army Drill Hall – Department of Defence

Valuation and Feasibility

Bespoke Financial Modelling

Profitable projects are born in the viability of the land. The decision whether to purchase an asset or proceed with a property development should be carefully examined by HillPDA's experts. The team's strong research-based approach and application of industry-endorsed proprietary software, EstateMaster, facilitates the analysis of development viability with all of the permutations required to generate profit and save valuable time and money.

At HillPDA we believe in life-long learning, research and development. We are renowned for our innovative approach to our projects and the tools we develop to support our studies. Many of these tools have become successful products in their own right.

Some recent case studies include:
  • Waterloo Estate State Significant Precinct Feasibility Modelling Services – Land and Housing Corporation
  • Communities Plus Mixed Tenure Release 1, 2 And 3 Preliminary Feasibility Testing and Panel Assessment – Land and Housing Corporation
  • Portfolio level feasibility modelling – Australian Turf Club
  • Portfolio Acquisition – Avid Property Group
  • Regional Portfolio Housing Strategy – Land and Housing Corporation
  • Created the in-house model financial model for Land and Housing Corporation (used to assess all existing and future assets) – Land and Housing Corporation

Valuation and Feasibility

Affordable Housing and Developer Contributions Expert Advice

Martin Hill, our Director set up the first community housing scheme in Sydney and his efforts in affordable housing recently earned him the UTS Chancellor's alumni award for excellence. Martin is an advocate for affordable housing and the positive social outcomes of an all-inclusive community.

HillPDA offers a high level of sophistication in housing analysis and strategy development to support council’s initiative to meet affordable housing targets. HillPDA also provides strategic direction by way of economic feasibility to support local council’s for the facilitation of development contributions which will be used to pay for social benefits in local communities.

Some recent case studies include:
  • Planning approval amendment – Kingscliff 127 Tourist Accommodation Development – Tweed Bryon Local Aboriginal Land Council
  • Strategic Portfolio Review – Tweed Bryon Local Aboriginal Land Council
  • Various jobs replating to land development and portfolio reviews – NSW Aboriginal Land Council
  • Approved Consultant to the Panel – Aboriginal Land Council
  • Feasibility Modelling for the Waterloo Masterplan – Land and Housing Corporation
  • Tender documentation and selection of tenders for Ivanhoe Estate, Telopea Estate and Arncliffe Estate – Land and Housing Corporation
  • Review of LAHC major project and their likely development pipeline line delivery programme – Land and Housing Corporation
  • Social Housing Portfolio review and classification for disposal and or redevelopment – This covered the entire NSW state excluding Greater Sydney. We also did Parramatta Western Sydney portfolio review in addition – Family and Community Services/Land and Housing Corporation
  • Master planning feasibility and asset disposal strategies for numerous defence site including Randwick, Moorebank, Ermington. Werrington, Maribyrnong (Vic), Schofields, Endeavour House, Platypus Neutral Bay and Woolwich. 2000 -2006 – Department of Defence Major Disposal Unit
  • Brownfield redevelopment of 32 ha site. Canberra's largest and most ambitious urban renewal project. It has delivered an adaptive reuse of Canberra's earliest industrial area, including the creation of 16 hectares of public domain, 1,700 medium density housing units, 30,000sqm of commercial space, 15,000sqm of arts, craft and leisure space and 7,000sqm of retail space – Director on Kingston Foreshore Board
  • Waterloo Estate State Significant Precinct Feasibility Modelling Services – Land and Housing Corporation
  • Communities Plus Mixed Tenure Release 1, 2 And 3 Preliminary Feasibility Testing and Panel Assessment – Land and Housing Corporation
  • Regional Portfolio Housing Strategy – Land and Housing Corporation
  • Created the in-house model financial model for Land and Housing Corporation (used to assess all existing and future assets) – Land and Housing Corporation

Planning

HillPDA is making a positive change to the cities of the future.  We collaborate with industry, government and communities to resolve issues and develop solutions to complex planning problems. Our industry leading approach to strategic planning is underpinned by economics and development feasibility testing. This makes our plans developable and responsive to market considerations, which ensures they will achieve the desired outcomes.

Our team of experts in statutory and strategic planning, stakeholder engagement and social infrastructure planning have been assisting the public and private sectors for over 30 years. Our work has earned a reputation for providing high quality and value-added services. Our collaborative approach ensures the process is enjoyable, solutions are customised and ideas sharing is valued.

Request a capability statement

Planning

Business Impact Assessments

Increasingly the development assessment process requires an understanding of a project’s potential impacts to local businesses.  HillPDA are experts in assessing the potential impacts of major infrastructure projects on businesses. Impacts may arise from changes to service delivery and changes in property values. Importantly HillPDA not only assesses potential impacts but proactively identifies mitigation strategies to minimise, and where possible avoid, negative impacts arising from any change.

Planning

Demographic Analysis

Our cities need to respond to the needs of their residents and businesses. Consequently, research and analysis underpin our social planning projects. We compile and analyse qualitative and quantitative data, typically involving a variety of methods such as surveys, key stakeholder or expert interviews, focus groups and webinars.

In planning for growing and changing communities it is important to understand the needs and issues resulting from population growth and changing demography. We compile evidence and project population growth arising from planned urban development to assess the resulting need for additional social infrastructure. Through our knowledges of the planning system and infrastructure funding methods we are able to develop practical solutions that balance community benefits with ongoing asset management responsibilities.

Planning

Stakeholder Engagement

HillPDA designs, facilitates and manages stakeholder engagement on behalf of Government and private sector organisations. Our accredited and experienced team design effective engagement strategies and communications collateral as well as facilitating workshops and pop-up events.

We have a thorough working knowledge the legislative requirements for community engagement. Through early involvement of stakeholders we achieve a shared understanding concerns and values. Our project outcomes are enhanced by the involvement of the community, industry and Government.

Planning

Employment Land Studies

HillPDA has worked with Councils, planning authorities and the private sector in developing the necessary forecasting models and policies or strategies in these fields. It’s imperative for both the private sector and government to have an appreciation of market trends in any local government area as this will impact on the future demands for retail and commercial space and employment lands. The development of strategies to accommodate growth can encourage the delivery of jobs and economic development.

Planning

Expert Witness and Peer Review

HillPDA’s planners, property economists and valuers have extensive experience in acting as expert witnesses. Our experienced team can provide expert evidence at hearings and litigation trials on property economics, strategic land use and economic and retail impacts of proposals. The persuasive cases we deliver on behalf of our clients are underpinned by evidence that is well researched, commercially astute and of the highest standard.

Planning

Planning Due Diligence

We provide professional planning advice on statutory constraints for site acquisitions and determine the development potential of existing landholdings. Our experienced town planners have a clear understanding about the complex nature of statutory provisions and development processes, enabling us to identify manage potential issues at an early stage.

Planning

Affordable Housing Studies

HillPDA is a proud supporter of affordable housing and had worked with government and community housing providers to advocate for the needs of low to moderate income households including key workers.  Our Director, Martin Hill, was active in setting up the first community housing scheme in Sydney and his efforts in affordable housing recently earned him the UTS Chancellor’s alumni award for excellence and the Planning Champion award by the Planning Institute of Australia (NSW). Martin’s ongoing commitment to delivering affordable and inclusive housing strategies has provided HillPDA with a valuable pool of information on best practice and firsthand experience.

Planning

Housing Strategies

HillPDA has been working with Government and residential industry for more than 30 years. We are recognised for our understanding of how planning legislation, developer decisions and market trends can impact on the delivery of appropriate, affordable and diverse housing to meet community needs. We have worked with local government to develop long term strategies to manage housing growth in a way that balances housing need with environmental considerations and is supported by infrastructure delivery and liveability considerations.

Planning

Liveability Strategies

HillPDA partners with business, government and communities to plan for the future of our cities.  Our in-house think-tanks allow multi-disciplinary insights to be explored and translated into visions and strategies that are grounded in economic realities. Out strategies are innovative and tailored to local conditions. Our strategies support efficient cities and promote liveability.

Planning

Development Applications

HillPDA’s planners can advise clients on strategies to progress a development proposal through the complex planning process. We are experienced in all aspects of the planning process including planning proposals, development applications, planning studies, developer contributions and voluntary planning agreements. Good advice early in the development process can improve development timelines, provide greater certainty and maximise development potential.

Planning

Independent Assessments

HillPDA provides independent development assessment and in-house support for planning authorities, government agencies and large private enterprises. We work with clients to provide frank and confidential advice whilst ensuring sustainable project outcomes are achieved.

Planning

Centre Revitalisation Studies

We specialise in urban renewal and revitalisation strategies that respond to the factors that influence local growth, prosperity and productivity. We take time to tailor planning controls encourage development while delivering public benefit contributions that can stimulate investment to improve the public realm and local amenity. We prepare short, medium and long term plans that unlock development potential and target liveable and healthy urban environments.

Planning

Development Contributions Plans

HillPDA prepares comprehensive studies and infrastructure audits for local and State authorities to inform the formulation of developer contributions plans. We also assist negotiations on Voluntary Planning Agreements by providing expert development feasibility analysis. Our team frequently provides strategic advice and critical analysis of state and local infrastructure contributions.

Planning

Planning Proposals

HillPDA’s planners can advise clients on strategies to progress a development proposal through the complex planning process. We are experienced in all aspects of the planning process including planning proposals, development applications, planning studies, developer contributions and voluntary planning agreements. Good advice early in the development process can improve development timelines, provide greater certainty and maximise development potential.

Planning

Research and Policy Advisory

HillPDA provides expert research and advice to ensure that our clients decisions are supported by robust evidence. We combine professional expertise and research skills to bring an innovative, multi-disciplinary approach to solving complex problems in the public, private and not-for-profit sectors.

HillPDA is a highly respected policy advisor to both government and non-government organisations. Our policy expertise spans strategic land use planning, infrastructure funding, asset management, urban renewal and governance. For 30 years, HillPDA has had substantial success influencing policy, through submissions as well as the formulation of new policy for government. Our team has representation on professional and industry committees and is constantly contributing to planning policy.

Planning

Social Impact Assessment/Socio-Economic Impact Assessment

HillPDA is uniquely placed to assess the impact of development proposals on the social and socio economic environments. Our expertise in stakeholder engagement, planning, and economics allows us to combine skills and knowledge across subject areas to prepare impact assessment reports that are top tier. We work with our clients to develop mitigation measures that minimise or avoid negative impacts and maximise the potential benefit of the development proposal. HillPDA’s strength in this field comes from its economic and commercial know how which allows the Team to engage with and understand community, business and landowner interests so as to achieve realistic and practical outcomes.

Planning

Social Sustainability Strategies

HillPDA collaborates with Government, academics and technical experts to explore options and potential solutions to inform the development of policies and plans. We have a sound understanding of the social and political environment and an awareness of contemporary environmental practices. We are skilled at identifying best practice methods and conveying information to the community.

Investment and Development Advisory

The development advisory team brings together a cross-section of backgrounds to deliver integrated and innovative solutions to even the most complex development issues.

Our team has the expertise and capability to provide you with the strategic support that you need at all stages of the development and operation lifecycle.

Whether you need our team to lead the entire process from start to finish or assist at specific project stages we can add value and help you achieve the best possible outcome for your development or investment opportunity.

Request a capability statement

Investment and Development Advisory

Business Case Development

As businesses consider new opportunities, approval for the new venture rests with the development of a robust business case. This ensures that the business case decisions are evidence based, value for money, and mitigates risks. We are well versed in the development of business cases, using government guidelines and bespoke methods to analyse a specific property or portfolio transactions. High level businesses cases can use a cost benefit analysis, which includes the identification of benefits and costs and their quantification and cash flow modelling to derive an overall cost / benefit for a nominated standing. Detailed business cases can analyse cashflows using the net present value method to determine the best value for money. We also understand that a financial metric may not be the best way to assess an opportunity as there could be other qualitative benefits, particularly for environmental, social and cultural sustainability outcomes.

Investment and Development Advisory

Strategic Asset Advisory

Strategic asset planning has become the new normal for property assets. With increased approval times, businesses now explore medium to long term asset positioning. This could be a value-add play and/ or the development of an exit strategy. Our services look at a businesses core objectives and mission statement then, through research and stakeholder consultation work to develop a plan for the asset(s). This may include the highest and best use assessment for an asset, align an asset with long term economic trends or provide advice on how an asset could reposition to meet the changing trends. Our advice and support extends beyond observations and recommendations by providing the development pathway, regularly peer reviewing a strategy, provide project advice to a board or project control group meetings.

Investment and Development Advisory

Portfolio Analysis (Feasibility and Actual)

The ongoing management of a large property portfolio can be daunting, particularly as property markets change and unforeseen risks present themselves. Variables that frequently change include rents, yields, end sale values, market conditions (macro & micro), market demand and interest rates.

We can assess the actual performance of your portfolio or asset against industry benchmarks, which includes reviewing rents or target hurdle rates. We can also identify underperforming assets and run hypothetical feasibility testing to develop a better financial outcome for the portfolio or specific asset.

Investment and Development Advisory

Due Diligence for Property Acquisition

Due diligence is a regular occurrence for property transactions. Too often purchasers neglect to conduct a full due diligence check on a property. With our multidisciplinary team that includes planners, economists and valuers, our process of evaluating a potential investment seeks to understand the assets true commercial potential and identification of real or perceived risks that could impact the transaction value.

Investment and Development Advisory

Project Governance and Delivery

Project governance is an important framework design to achieve an end state that is not only robust but defensible. Our governance framework provides linkages between various strategic, policy and statutory protocols. We can also ensure that staff are equipped with the required information and direction to effectively manage the delivery of a property project. Our governance advice also provides a long-term framework for consistent and transparent decision making and reporting for a portfolio or individual.

Investment and Development Advisory

Independent Advice and Specialist Expertise

Whether you are after specific independent property advice or specialist expertise we are here to help.

Investment and Development Advisory

EOI / Tender Preparation, Evaluation and Response

Selling quality property assets can be challenging. Whether you are looking to seek expressions of interest, soft marketing or divest a property we can prepare the appropriate tender documentation. This documentation can be mapped back to specific business divestment objectives and align with procurement procedures. We also know the assessment of tenders; particularly the assessment financial offers can be complex. Our experience and expertise can extract this financial information and communicate it clearly to board or approval authority mapped back against clear evaluation objectives and metrics. Our proven process has been noted to save significant amounts of costs to both public and private clients.

Investment and Development Advisory

Financial Viability and Financial Structure

Stress testing assets is important to understand its financial viability. We have the capability and experience to review the viability of an existing asset and provide guidance on an appropriate financial structure. This could include looking outside for box for institutional funding, build to rent, Build Own Operate Terminate (BOOT) schemes, and Public Private Partnerships (PPP).

Investment and Development Advisory

Development Feasibility and Market Analysis

One of the most vexing questions in development is whether there is market demand for a land use. HillPDA’s development advisory and market research experts delve into a nominated market or markets using multiple mapping, statistical and research tools along with strong industry contacts. Our research then supports our analysis and advice concerning the degree and timing of demand to assist you in making the correct decisions across retail, residential, commercial, industrial and tourism markets as well as other niche markets.

Based on the market research we can then test the development feasibility options on the site to reality check the preferred design. We can also provide advise for what it would take for a development to be considered viable.

Investment and Development Advisory

Project Control / Performance Monitoring

Development performance monitoring is critical to ensuring a projects cashflow remains positive and aligns with approved budgets. To ensure the business can effectively report on the pipeline expansion, companies often seek a reputable analyst and accounts team to track the performance of a development.

As the architects of the Argus EstateMaster software, we can bring a strong level of oversight to your property development projects. This includes:
  • The development of a customised financial model that would act as a proforma for all developments from feasibility to actual. This would include the development/ integration with the MYOB or Xero chart of accounts.
  • End of month financial reporting, forecasting and actual vs budget checks.
Our team can lead a developments project control group or seamlessly integrate with an existing project control team.

Investment and Development Advisory

Development Approval Advisory

The planning process is riddled with red tape, which results in our clients getting stuck and frustrated with many hurdles’ property development can impose. We work to provide practical solutions and pathways to ensure a project can continue to progress.