Job Description
A leading real estate manager and developer with a national portfolio across industrial, logistics, business park and office assets is looking for a Development Analyst to join a small, high performing development finance team.
About the role
Working alongside the development managers to support them with feasibility management, supporting feasibility analysis and reporting across the development pipeline
Manage cash flow modelling and scenario analysis, stepping in when models get complex
Build and enhance Excel financial models and reporting tools
Analyse potential developments, expansions and divestments
Bring AI assisted tools into feasibility modelling and reporting to cut manual work
Partner closely with development managers, finance and senior leadership, and push back on assumptions when the numbers do not stack up
About you
Essential
Development analyst experience in property or real estate
Advanced Excel skills,



comfortable building models from scratch
Confident communicator who can explain the numbers and hold their ground
Strong financial aptitude and commercial acumen
Desirable
Degree in Property Economics or Finance
Yardi experience, or comparable systems such as MRI, Cougar or ARGUS would be advantageous but not essential
Excellent with Excel
A strong understanding of development and the assumptions
What is on offer
Direct exposure to senior development leadership in a nimble, team-oriented team
A genuine national pipeline of major industrial and logistics projects
A clear springboard into development management, investment management, finance or capital transactions
Melbourne based, minimum 3 days a week in office

📌 Development Analyst (New South Wales)
🏢 Capstone Recruitment
📍 New South Wales