The risk test
Pipeline risk should be assessed against the actual site catchment, not only the council area or suburb label.
- Is the project inside the 5, 10, or 15 minute drive-time catchment?
- Does the official source publish a proposed place count?
- Is the status lodged, advertised, approved, under construction, completed, withdrawn, or refused?
- Is the source recent enough to rely on for investment screening?
- Would the future places materially change the commercial supply-demand ratio?