CHAPTER 1 An overview of property development

As the global population continues to increase, so does the demand for food and shelter. Our survival depends directly on how we use and manage our land and resources. As humans have evolved, so have our uses of land—for agriculture and shelter, but also for recreation, shopping, education, transport, business activities and entertainment. In our homes we live, eat and sleep; commercial buildings provide space for social and business interaction, and retail centres for selling of goods and services. As our communities expand, the demand for all these facilities increase, and this is where property developers are needed. The population of Australia, currently around 23 million, is projected to rise ...

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