Choosing the right software for the financial feasibility study of property development proposals can be one of the most important decisions a property professional can make. Whether you’re a property developer, valuer, consultant, or accountant, the appropriate software tool can save you hours of work and help you make well-founded decisions. With so many options on the market, how can you be sure you’re making the right choice?
The following five points outline some practical and technical considerations that can help you decide on what property development feasibility software is suitable for your study of Australian property development proposals. Comments about Devfeas’ software are also mentioned to provide our advice about how we believe our Feastudy products stand up in the face of these considerations.
Financial modelling for property development feasibilities often involves time-sensitive tasks such as answering a financier’s queries, updating construction costs, or running alternative scenarios. When clarification of how the software functions is required, good access to local (Australian) assistance can prevent workflow interruptions.
Technical matters to consider
Reliable local support often makes the difference between a smooth workflow and a stressful one. At Devfeas, we provide local Australian phone and email support with a quick response time, so you can speak with or email directly someone who understands the types of data you require to enter into a Feastudy development feasibility study for an Australian property.
Development feasibility software developers with a long operational history in Australia are more likely to have been exposed to a wide range of project structures, funding approaches and reporting requirements.
Technical matters to consider
A stable product with proven reliability is less likely to produce unexpected outcomes in critical calculations or cashflow sequences. Devfeas has been providing feasibility tools for over 35 years, earning the trust of thousands of Australian professionals. Its long track record is a strong indication that our highly-documented software has been tried, tested, and proven.
Different organisations have different IT policies, performance requirements and ways of structuring collaboration. Both desktop and cloud software deployment may be useful depending on the environment.
Technical matters to consider
Deployment flexibility allows end user teams to align their software use with existing IT structures and to adapt gradually if workflows evolve. Devfeas offers both desktop and online versions of Feastudy, giving you flexibility without compromise. You can work offline, online, or a mix of both - whatever fits your workflow best.
Feasibility modelling must adapt to significant changes in matters concerning things like: how property rates and taxes are entered/calculated, and GST compliance requirements. Timely updates help ensure that the software remains aligned with best current practice.
Technical matters to consider
Transparent and regular updates indicate ongoing maintenance and help reduce reliance on external spreadsheets or manual adjustments. Devfeas continuously develops and updates its Feastudy software to, as much as practicable, meet current industry standards and customer needs. With ongoing software development, you can be confident that your feasibility modelling is underpinned by correct formulae and appropriate algorithms. We also provide on-line release notes pages for information on updates and upgrades.
Software should reflect commonly used assumptions, terminology and costing structures in the Australian market. Misalignment can lead to inconsistent results or the need for repeated manual corrections.
Technical matters to consider
When tools reflect good local practice, models are easier to review, compare and discuss with internal and external stakeholders. With input from accountants, who use Devfeas software, Feastudy has been designed and built by a team with a great deal of property valuation, property development and IT expertise in order to make every software feature as reliable, practical, and valuable as it can be. Also, Feastudy’s Help files explain each calculation that is made by the software.
Before shortlisting software, consider whether the following are true:
Devfeas Pty Ltd develops feasibility software that is used across Australia, offering both desktop and cloud versions. Our focus is on calculation clarity, consistent modelling behaviour and access to local support.
(The discussion about checks for choosing development feasibility software ends here.)
If you are interested in a free trial of one of Devfeas Pty Ltd’s desktop Feastudy Professional products (for PC or Mac) in Enhanced demo mode for 10 days, please contact us to request a trial.
If you wish to have a free trial of our web-based product, Feastudy Online Professional, for ten days you can obtain one by clicking here and then by clicking the NEW USER button on the webpage that then appears.
To buy a copy or a subscription to one of our Feastudy products, click here.
Mark Andrews
Managing Director
Devfeas Pty Ltd
20/11/2025