Joint ventures & investing in development
Partner with a developer who shows you everything
Our partners tend to come back for the next project. We put that down to how much we show them. You see the full feasibility before anyone commits a dollar. You get shared access to every project file, and to the project bank account. The updates are detailed enough to track forecast against actual at any point.
Pictured: concept render of a House-Proud project.
Who partners with us
Most of our partners fall into one of three groups
The time-poor professional
You have capital or borrowing capacity and want it in property development — without development becoming your second job. We run the project; you stay as involved as you feel like being.
The landowner
You own a block with potential and would rather share the development profit than sell it. You contribute the land, we fund and manage everything else. More on that here.
The future developer
You intend to run your own developments one day. Partner on one of ours first and you'll see the whole process from the inside, from feasibility through to settlement. Most developers guard how they work. We're happy to show you.
Why House-Proud
What you get as a partner
- Feasibility analysis in real depth. You receive a professional feasibility report, typically well over 20 pages. It covers every itemised cost, a full cash flow, a Gantt chart, financing detail, GST implications and risk sensitivity analysis. You see it before committing a dollar, and you're welcome to put it in front of your own accountant.
- Rigorous due diligence on every site. Each opportunity is assessed against our internal due diligence checklist to identify and mitigate risk before we proceed. Any risk we can't eliminate is put to you plainly, in writing, before anyone commits.
- Thorough project updates. At any point in the project you'll know exactly where it stands — forecast versus actual on both time and profit — with photos, revised schedules and current financials.
- Complete access to the books. Full shared access to every project file, and to the project bank account itself.
- A say in the build, if you want one. Partners are invited into design decisions. It's your project too — though it's equally fine to leave it entirely with us.
I had access to every project document through the cloud and even had viewing access to the project bank account to see how every dollar was spent. As a bonus I also learnt a lot about how to professionally manage a development. I am looking forward to working with Peter on the next available project.Alap PatelInvestment partner — four-home project
The practicalities
What a JV with a developer looks like in practice
It all starts with saying hello
The first conversation is exactly that. You'll speak directly with Peter about your situation and what you're hoping to achieve, and we'll both get a sense of whether we'd work well together. Working with good people matters to us as much as the numbers do.
Getting deal-ready
Unless you're contributing land you already own, you'll generally need borrowing capacity to acquire and develop a site, plus some cash for deposits and project costs. That capacity doesn't have to be money sitting in the bank. Many partners draw on the equity they already hold in their own home or an investment property. We'll walk you through what's required, so you know precisely where you stand before anything is committed.
Finding the right site
Once we understand your capacity, the search begins. Good opportunities take time to find, and we won't gamble with your money on a marginal one. When the right site comes up, you'll see the full feasibility and anything our due diligence has flagged. Once you have a thorough understanding of the opportunities and the risks, you decide whether to proceed. Or not.
The project runs, and you can see all of it
Most projects take 12 to 24 months. Throughout, you have the updates, the files and the bank account view, so you always know where time and profit sit against forecast. Profits are distributed as agreed at the end.
Capacity guide: partnering typically suits people with cash reserves of around $300,000+ or borrowing capacity of around $700,000+. It doesn't have to be cash. Many partners use the equity in their home or an investment property instead. Landowners can contribute a site.
Partners, in their own words
Partners who did their homework first
I was looking for a strong, safe return on money that was just sitting in the bank. Through networking I came across five or six opportunities to invest in development projects with different groups. After extensive due diligence spread over six months, I ultimately settled on House-Proud. The deciding factor was that Peter is passionate, works really hard, is generous in sharing his time and knowledge, and is a down-to-earth guy. Another big factor: I got to learn the process with Peter — other developers are very protective of their secrets.Roman LuchkoInvestment partner — Sydney, NSW
We view a JV like a marriage — most development projects take 18+ months, so we looked for someone competent, but more importantly, likeable. We found Peter. We partnered on a four-townhouse project in Paradise, SA. We enjoyed the process and learned a lot over coffee catch-ups, formal email updates and webinars. Honestly, we could not have committed the hours Peter did. Our original intent was to do one project and go out on our own — but we would work with Peter again in a heartbeat.Paul & Gaynor DowsettJoint-venture partners — And yes, they did come back again and again
Common questions
Asked by almost every prospective partner
What does it take to partner on a project?
Typically cash reserves of around $300,000+, or borrowing capacity of around $700,000+. It doesn't have to be cash in the bank. Many partners draw on the equity they already hold in their own home or an investment property. Landowners can partner by contributing a development site instead of cash.
How much of the project do I have to run?
As little as you like. We find the site, run the feasibility, and manage approvals, build and sale. You'll be kept informed throughout and you're welcome in design decisions, but the hours are ours rather than yours.
What returns should I expect?
Returns depend on the individual project, the structure and the market at the time, so a headline figure on a website would tell you nothing useful. Instead you get the full feasibility for the actual project, with every assumption laid out, and you can judge it yourself.
Be cautious of any developer who guarantees a set profit or return. Development carries real risk because construction costs, approval timeframes and market conditions can all shift during a project, and no one can promise an outcome. What a professional developer can do is spot those risks early and manage them deliberately. And be upfront about any that remain. That's what our due diligence process is for, and what our track record reflects.
How is the joint venture structured?
It's tailored to the project and to your circumstances — usually a joint venture, a unit structure or an agreed-return arrangement — drawn up by lawyers and reviewed by yours. We'd always rather you came in having had your own legal and financial advice.
How long is my money in a project?
Most residential projects run 12–24 months from acquisition to final settlement, depending on scale and approvals.
Start here
A conversation costs nothing
Tell us a little about yourself and what you're looking for. Peter will come back to you personally, and if there's a fit, the next step is going through the numbers on a real project together.
Prefer to talk first?
Call Peter on 0405 671 811
Your details are used only to respond to your enquiry — no lists, no spam.