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Built for Australian property teams

Property feasibility
in minutes, not days.

Popurise is property feasibility and financial modelling software. Replace the messy spreadsheet with an easy to use tool built for the way property teams actually work.

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app.popurise.com.au / projects / project-atlas
Project
Project Atlas
Sydney NSW · Mixed-use · 61 months
Scenarios
Conservative
Base case
Stretch
Profit on cost, by scenario
23.1% ▲ recommended
Per cent · Project Atlas, base case
302010016.4%Conservative23.1%Base case27.8%Stretch
Active scenario
Base case
GRV$411.7M
TDC$334.5M
Development profit$77.2M
Profit on cost23.1%
Equity IRR14.2%
Peak debt$225.6M

Why Popurise

Stop waiting on
the model.

Property modelling used to sit with one person and one spreadsheet. With Popurise, the team can run sites in minutes, compare the answer, and decide what moves forward.

The old way
Three days.

One analyst. Built from scratch in Excel. Numbers buried across fourteen tabs.

With Popurise
Three minutes.

Anyone on the team. Engine baked in. The answer in one place.

Stop waiting on the model.Run more sites. Move faster. Keep the answer in one place.
  • 01

    First answer in minutes.

    No more week-long waits to learn a site is weak.

  • 02

    Anyone runs the first pass.

    Director to intern. Same tool. Same numbers.

  • 03

    Test your own assumptions.

    Move a rate. See the margin. Skip the back-and-forth.

  • 04

    Change schemes without chaos.

    Numbers update. No copied tabs. No broken links.

  • 05

    The model stays when people leave.

    Logic lives in the engine, not in someone's spreadsheet.

  • 06

    One screen. Every answer.

    Site. Scheme. Outputs. No tab hunting.

The spreadsheet problem

Stop letting the spreadsheet slow the deal.

Too often, the answer sits inside a workbook copied from another project, patched over time and trusted only because nobody wants to rebuild it from scratch.

  • 01Wait days for the first cutGet a first answer in minutes
  • 02Analyst becomes the bottleneckLet the wider team run the first pass
  • 03Scheme changes create reworkChange assumptions and see results update
  • 04Cases live in separate filesCompare scenarios in one project
  • 05Outputs are buried across tabsSee key returns in one place
  • 06Bad sites waste modeller timeKill weak deals earlier
  • 07Final_v7 becomes the systemKeep one live version
Spreadsheet symptomsWhat goes wrong in the workbook
  • New sites start from old files.
  • Scenarios become duplicate tabs.
  • Assumptions hide across the workbook.
  • Outputs need checking before anyone trusts them.
  • Version control turns into detective work.
  • The model gets harder to explain every time it gets reused.
01 · Feasibility inputs
Property feasibility inputsSite + cost + revenue
01Development inputsLand · Yield · Cost · Timing · Debt · Exit

Feasibility inputs

The spreadsheet problem starts with scattered assumptions.

Land price, yield, build cost, timing, debt, sales rates and exit value all move the feasibility. Popurise keeps those inputs structured before they turn into hidden tabs, copied formulas and half-trusted outputs.

  • 01Site and scheme
  • 02Cost and revenue
  • 03Funding and returns

The difference

Run property feasibilities faster with Popurise.

Excel turns fragile. Templates break when the deal changes. Legacy tools often need training before anyone gets an answer. Popurise gives property teams a faster way to model sites, compare scenarios and see the numbers that matter.

What you get
Excel workbookBuild it yourself
Spreadsheet templateOff the shelf
Legacy softwareTrained user tool
PopuriseFaster site decisions
Best fit
Analyst-built one-off models
Basic checks
Dedicated trained users
Fast property feasibility work
Time to first answer
Slow once setup starts
Faster, until edits begin
Setup and training first
Minutes
Who can use it
Usually the builder
Whoever understands the template
Trained users
Anyone on the team
Scenario testing
Copy tabs, copy files
Manual edits
Process-heavy
Compare cases side by side
Version control
File chaos
File chaos with nicer formatting
Better, but heavier
One live project
Cashflow visibility
Buried in tabs
Basic
Available, but not quick
Clear monthly cashflows
Output review
Depends on the modeller
Limited
Requires system familiarity
Key numbers up front
Analyst dependency
High
Still high
Lower, but needs trained users
Low
Cost / complexity
Hidden time cost
Cheap start, messy later
Training and software friction
Simple to run
Property site review
Possible, but manual
Rigid
Often overbuilt
Built for this job

Get to the answer faster, without spreadsheet mess or software bloat.

Start modelling

Designed for the teams behind property development, analysis and valuations

How it works

Three steps to a faster site decision.

Model the deal, compare the cases and decide what deserves more time.

Step 01

Model the deal

Add the scheme, timing, revenue, costs and finance assumptions in one structured workspace.

Step 02

Compare the cases

Test base, downside and stretch scenarios without copying another spreadsheet.

Step 03

Make the call

See returns, funding need and cashflow timing, then decide whether the site deserves the next round of work.

The workspace

A handful of inputs. A full feasibility.

Popurise keeps the key deal inputs in one clear workspace, so your team can change assumptions, test scenarios and see the numbers move.

app.popurise.com.au / projects / project-atlas / inputs
Active scenarioBase case
2 scenarios
OverviewInputsOutputsCash flowsReports
01 / 10

Site & area

Project name
Project Atlas
State
NSW
Site area
sqm
5,860sqm
Residential GFA
sqm
24,626sqm
Residential efficiency
%
88%
Average dwelling size
sqm
75sqm
NSA
21,671 sqmCalculated
Implied no. of dwellings
289 dwellingsCalculated
02 / 10

Acquisition

Land rate
$
9,044/ site area sqm

Asset classes

Different assets. Same pressure to make the numbers work.

Residential, industrial, data centres, build-to-rent, self-storage, hotels, healthcare and student accommodation all have different assumptions. The job is the same: model the deal, test the risk and understand what the numbers can support.

Residential development
Industrial & logistics
Data centres
Build-to-rent
Mixed-use
Self-storage
Office
Retail
Hotels & accommodation
Healthcare
Student accommodation
Retirement living
View all asset classes

Outputs

The numbers that show whether the deal works.

A feasibility model is only useful if the outputs are clear. Popurise brings the key numbers to the surface: development profit, profit on cost, development margin, IRR, peak debt, equity, cashflow, residual land value and the sensitivities that change the answer.

Decision summary · base case
Development profit$35.6M
Profit on cost18.4%
Equity IRR22.9%
Peak debt$92.1M
Returns & capital
Development margin16.1%
Project IRR16.9%
Peak equity$18.4M
Residual land value$26.8M
Required land value$24.6M
Equity funding$30.5M
Cost & sensitivity
Cost per sqm$5,400
Cost per unit$807,500
Debt funding$92.1M
Sensitivity · cost▼ 1.6% PoC / +5%
Sensitivity · revenue▲ 1.9% PoC / +5%
Sensitivity · timing▼ 0.8% PoC / +3 mo.
Monthly cashflowNet cash · base case · M0 to M36
Scenario compare
Base18.4%
Downside11.2%
Stretch23.1%
Cost +8%13.7%

Use cases

Use Popurise when the model needs to move quickly, but still hold up.

Some property work needs speed. Some needs depth. The painful bit is needing both at the same time.

01

Site acquisition review

Work out whether a site is worth more time before the process moves ahead.

Read more
02

Land bid analysis

Understand what land price the deal can support before you sharpen the bid.

Read more
03

Scenario analysis

Compare base, upside and downside cases inside one project, not across five files.

Read more
04

Development cashflow forecasting

See when costs are paid, when revenue arrives and when funding is needed.

Read more
05

Investment committee reporting

Turn model outputs into a clear view of the assumptions, risks and returns.

Read more
More use casesSee every way teams use PopuriseView all use cases
02 · Site to recommendation

Site to recommendation

Keep the deal logic clear from first review to final call.

A property feasibility model needs to connect the site, assumptions, scenarios, cashflows and outputs. Popurise keeps that chain visible, so teams can see what changed, why it changed and whether the deal still works.

Industrial property site context
01Site contextLocation · Access · Scale · Constraints
Residential balcony and surrounding property context
02Decision reviewScenarios · Cashflow · Returns · Recommendation

In the field

Used daily by property teams who used to live in Excel.

“I worked through 14 sites last month. Popurise cut my assessment time by more than half.”
JR
James R.
Senior Development Manager · Sydney
“Finally a tool that doesn't require an Excel degree. Our team uses it daily for initial site calls.”
PK
Ben M.
Acquisition Manager · Melbourne
“The PDF outputs are good enough to send straight to our financier. Saves a whole step.”
TB
Tom B.
Director · Brisbane

Models

Start with development feasibility. Build toward the full property modelling stack.

Popurise starts where the pain is sharpest: development feasibility. The same structured approach can extend into operating models and investment models, because the financial work does not stop once a site passes the first review.

01

Development feasibility models

For testing land, cost, revenue, timing, finance, profit and return before serious time is committed.

  • Residential development
  • Industrial & logistics
  • Data centres
  • Build-to-rent
  • Mixed-use
  • Self-storage
Profit on costDevelopment marginEquity IRRPeak debt
02

Operating models

For assets where performance depends on rent, occupancy, utilisation, operating costs, NOI and stabilised value.

  • Build-to-rent
  • Data centres
  • Self-storage
  • Office
  • Retail
  • Hotels
  • Student accommodation
NOIOccupancyYield on cost
03

Investment models

For hold/sell decisions, exit value, debt and equity sizing, yield on cost and investor returns.

  • Hold/sell analysis
  • Stabilised value
  • Debt and equity sizing
  • Exit value
  • Investor returns
Exit valueYield on costEquity multiple
Explore the model library

  1. Development directors

    Make the decision faster: chase it, change it, or end it.

  2. Acquisition teams

    Run more sites before the opportunity disappears.

  3. Development managers

    Test cost, timing and scheme changes without starting another spreadsheet job.

  4. Property consultants

    Run cleaner feasibility reviews without rebuilding the same workbook for every version.

  5. Capital and investment teams

    See the assumptions, returns and downside clearly before the conversation starts.

Examples

See how assumptions move through a real feasibility.

Worked examples show how inputs, scenarios, cashflows and outputs connect, so you can see how the model behaves before using it on your own deal.

Residential development feasibility example
Featured exampleResidential development feasibility exampleSydney NSW · 289 dwellings · base case
ScenarioBase
GRV$411.7m
TDC$334.5m
Profit on cost23.1%
Equity IRR14.2%
Open residential example
ExampleIndustrial feasibility exampleLogistics · Truganina VIC
ExampleBuild-to-rent feasibility exampleInner-ring · Melbourne
ExampleData centre feasibility exampleGreenfield · Western Sydney

Why it exists

A better way to run property feasibility and financial modelling.

Popurise is property feasibility software for teams that need to model sites, test assumptions and review returns without managing another fragile spreadsheet.

Built for property feasibility

Model land, revenue, costs, finance, timing and returns in one workspace designed around property development sites.

Made for property financial modelling

Use Popurise like a property financial modelling tool when you need to test whether a deal deserves more time.

Clearer than spreadsheet files

Keep scenarios, outputs and cashflows together, so the answer is easier to review and share.

Popurise helps teams replace scattered property development feasibility models with a cleaner browser-based workspace for property feasibility, financial modelling and project cashflow review.

Pricing

Simple pricing. Serious leverage.

One flat monthly price for the team to screen more sites, test more scenarios and stop rebuilding feasibility workbooks.

One analyst hour can cost more than a month of Popurise. One missed site can cost far more.

Flat pricing
A$199/ month

Unlimited projects. Unlimited scenarios. One workspace for residential feasibility.

  • Unlimited projects
  • Unlimited scenarios
  • Structured inputs, outputs and cashflows
  • CSV exports
  • Early access support
  • No project caps
Start modellingView pricing details

Free early access is currently open for residential development.

Resources

Feasibility is easier when the concepts are clear.

Popurise includes articles, definitions, examples and guides to help property teams understand the modelling logic behind the decision.

Blog

Notes on feasibility modelling.

Practical notes on feasibility modelling, cashflows, Excel problems and deal review.

Read more Glossary

Plain-English definitions.

Plain-English definitions for the metrics that appear in every feasibility conversation.

Read more Help centre

Set up projects and read outputs.

Short guides for setting up projects, running scenarios and reading outputs.

Read more Markets

Location and asset-class notes.

Location and asset-class notes for the markets Popurise is being designed around.

Read more

Questions

Frequently asked.

Straight answers on what Popurise does, who it is for and how it fits into a property feasibility and financial modelling workflow.

What is Popurise?

Popurise is property feasibility and financial modelling software. It helps property teams model sites, structure assumptions, compare scenarios, review returns and inspect cashflows in one workspace instead of another spreadsheet file.

Who is Popurise built for?

Popurise is built for development directors, acquisition teams, development managers, analysts, property consultants and capital and investment teams that need a faster, structured way to work through property feasibility.

What type of projects does Popurise support?

Residential development feasibility is live now. The same modelling approach is being extended into operating and investment models, and across more asset classes over time.

How is Popurise different from an Excel feasibility model?

Excel is flexible, but feasibility files become slow, fragile and hard to review. Popurise gives property teams a structured workspace for assumptions, scenarios, outputs and cashflows.

Does Popurise replace Excel?

Not completely. Excel is still useful for custom analysis. Popurise is designed to reduce the need to build, copy and manage a full spreadsheet model every time the team wants to look at a new deal.

Can non-analysts use Popurise?

Yes. Popurise is designed so development and acquisition teams can run a structured early feasibility check before handing serious deals to a modeller for deeper work.

What outputs does Popurise show?

Popurise helps users review GRV, TDC, development profit, profit on cost, development margin, equity IRR, peak equity, peak debt and project timing.

Does Popurise show cashflows?

Yes. Popurise includes monthly and annual cashflow visibility so teams can review timing, funding needs, debt movement and revenue timing.

Can I compare scenarios?

Yes. Popurise is built around project scenarios so users can compare changes to land price, revenue, costs, timing and finance without copying spreadsheet files.

Is Popurise a property feasibility calculator?

Popurise can be used like a property feasibility calculator for a quick first answer, but it is structured as a project workspace rather than a one-off calculator.

Is Popurise suitable for Australian property feasibility?

Popurise is being built with Australian property feasibility workflows in mind, including the way local teams think about costs, timing, returns and project cashflows.

Is Popurise for early site review or final investment approval?

Popurise is strongest for early site review, scenario testing and feasibility workflow structure. Final investment decisions still need professional judgement, detailed review and proper due diligence.

Ready to run the numbers?

Start a structured property feasibility without setting up another spreadsheet.

Start modelling View demo