Suite 4, 255 Whitehorse Road, Balwyn VIC 3103

Real Estate & Construction

Construction and Property Accountants for Developers, Builders, Agents and Joint Ventures

From project feasibility and construction cash flow forecasting to trust account audits and exit planning. We understand the financial complexity of building and property in Victoria.

Trust Account Audits

Compliant audits for real estate agencies

Project Cash Flow

Forecasting across all stages of a build

Property Tax Structuring

Development structures built for tax efficiency

Principal-Led Advice

Advice from experienced and knowledgeable professionals

The Challenge

Building is Complex. Your Financials Should Keep Up

Cash Flow Across a Project

Construction cash flow is unpredictable, across land acquisition, build stages, and settlement. Without accurate forecasting, the gap between outgoings and receipts can be fatal for a project.

Tax Structure Getting It Wrong

Property development tax structuring decisions made early in a project are difficult and expensive to unwind. The structure you choose affects GST, income tax, and your ability to distribute profits.

Trust Account Compliance

Real estate agencies are legally required to have their trust accounts audited annually. Non-compliance carries serious consequences for your licence.

What We Cover

Our Real Estate and Construction Accounting Services

Specialist accounting for developers, residential and commercial builders, real estate agencies, and property investors.

Real Estate Trust Account Audit

  • Annual audit under Consumer Affairs Victoria (and other state jurisdictions) requirements
  • ASIC-registered auditors
  • Estate agent trust account compliance

Property Development Tax Structuring

  • GST on new residential premises
  • Margin scheme elections
  • Income tax and profit distribution strategy

Construction Cash Flow Forecasting

  • Cash flow modelling across all project stages
  • Land acquisition through to settlement
  • Drawdown and payment schedule management

Project Feasibility Analysis

  • Financial feasibility for residential and commercial projects
  • Sensitivity analysis and funding requirements
  • Pre-commitment advisory

Construction Lending Support

  • Development finance and construction loans
  • Commercial property lending
  • Finance structured around your project timeline

Succession or Expansion Support (thinking of buying or selling?)

  • Due diligence, valuation, funding structure, builder registration, financial reporting requirements and tax strategy for any transition
  • Working with buyers / private equity firms/lawyers/brokers for practice sale
  • Tax-effective entry, buyout, and exit structuring, completion accounts
  • Managed Industry Fund structuring and reporting for capital raise

WHY KIDMANS PARTNERS

All Your Needs Under One Roof

Integrated, Not Siloed

Your accountant, auditor, and lending broker work from the same plan. Trust account compliance, project finance, and tax structuring are all coordinated from one place.

Regulatory Intelligence

We track trust account requirements, GST ruling changes for property developers, and building industry compliance obligations before they affect your licence or your project.

Sector-Specific Intelligence

We understand the financial lifecycle of a development project, from feasibility through to settlement, and the specific obligations that come with holding a real estate licence.

Proactive, Not Reactive

We review your project structure and cash flow position before commitments are made, not after the problems emerge.

TRUSTED IN MELBOURNE AND AUSTRALIA-WIDE

Real Results. Real Clients.

Don't take our word for it. Here's what our clients say about working with the Kidmans Partners team.

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Chris Hitching profile picture
Chris Hitching
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We've been clients of Kidmans for many years, most recently working with Pravneel and his team. Kidmans has helped us tremendously from both a business and personal accounting and tax perspective. I have particularly valued and appreciated the time Prav has taken to understand our business and circumstances, to enable him to provide really good, targeted advice. I would highly recommend.
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Danny Suleiman profile picture
Danny Suleiman
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Exceptional Service and Outcome. From the very start of preparing a budget to best strategies to secure a home Prashneel of Kidmans Partners was with us. He was really on our side and assisted in the many details of obtaining a mortgage. I recommend him very highly. Daniel Suleiman
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Forrest Gump profile picture
Forrest Gump
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I have dealt with Prashneel for years now and he has always been diligent and reliable. Thanks for you service
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Amy Johnston profile picture
Amy Johnston
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Prashneel was fantastic to work with and helped me achieve a great outcome :-)
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Janet Acintya profile picture
Janet Acintya
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Prashneel was amazing, he was very courteous, he listened to our needs and very honest feedback. He offered few solutions to help us finding the right decision. His communications throughout the process was absolutely above and beyond. I would definitely recommend him to everyone I know.
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Johnny Raath
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Neel was very professional and efficient with the whole process. Made everything go smoothly. I would highly recommend Neel for any future purchases. I'll be directing my family and friends to Neel to sort their housing finances out.
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Bethany Henry profile picture
Bethany Henry
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A very professional and knowledge firm. I have been dealing with them for over 10 years and always very happy with their service, advise and friendly team.
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Lana Burton profile picture
Lana Burton
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Super helpful and timely home loan advice :)
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Ashene Ranasinghe profile picture
Ashene Ranasinghe
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My wife and I were considering refinancing our home loan for a while given the uncertain nature of the interest rate forecast in the upcoming months. When we approached Prashneel, our goal was to find a package that is better than our current one, and not only did Prashneel managed to do that but he also superseded all our expectations. He has a broad knowledge of the field and the professional advice offered to us through out the process eliminated any doubt that we had initially about this move. In summary, we would recommend his services to anyone without any hesitation.

Related Services

Services We Provide to Real Estate & Construction Clients

Our integrated practice means your accounting, audit, and advisory needs are handled under one roof.

Audit, Compliance & Assurance

Independent financial audits, internal controls reviews, and assurance services for real estate and construction businesses with complex reporting requirements.

Taxation & Business Services

R&D tax incentive claims, instant asset write-off planning, payroll tax, and proactive tax planning tailored to the needs of construction businesses.

Business Advisory & Mentoring

Strategic advisory for construction businesses focused on margin improvement, cash flow forecasting, equipment investment decisions, and succession planning.

NEWS & INSIGHTS

Latest From Kidmans Partners

One of the most significant changes to the Australian superannuation system in decades has now commenced. From 1 July 2026, Payday Super requires employers to...

Stay informed on updates to Australian Budget measures and other tax developments that may affect individuals, businesses and financial planning....

Use Kidmans Partners’ tax return checklists to prepare the information needed for individual, business, trust and SMSF tax returns....

TAKE THE FIRST STEP

Your Next Chapter Starts with a Conversation.

A complimentary initial call with one of our Senior Team Members. No obligation. No jargon. Just a clear plan for what comes next.

Frequently Asked Questions

As a real estate agency, what are our trust account audit obligations?

Real estate agents in Victoria who hold trust money are required to have their trust accounts audited annually under the Estate Agents Act. The audit covers receipts, payments, and management of trust money held on behalf of clients. We conduct trust account audits and prepare the audit report required for licence renewal with Consumer Affairs Victoria.

The sale of new residential premises is generally subject to GST. Developers may have access to the margin scheme in certain circumstances, which can reduce the GST payable. Whether the margin scheme is available and beneficial depends on a number of factors specific to your transaction. We advise on GST treatment for property developments before contracts are signed, as the timing of decisions affects your options.

Construction projects involve significant cash outflows before any revenue is received at settlement. Without cash flow modelling, a project can run into funding shortfalls even if it is ultimately profitable. We model cash flows across the full project lifecycle, including sensitivity analysis for delays and cost overruns.

Operating through a company provides some separation between business liabilities and personal assets, but the protection is not absolute, particularly where personal guarantees are given. Additional protection can be achieved through how personal assets are held. We advise on structuring for building businesses and work alongside your legal adviser on the broader strategy.

Pre-acquisition due diligence should include a financial feasibility assessment covering projected revenues, construction costs, and holding costs, along with GST modelling, funding requirements, and a review of any planning conditions that could affect timing or cost. We provide financial feasibility analysis and pre-acquisition advisory for residential and commercial development projects.

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