Address locked, Randwick

3 houses today → about 10 homes as townhouses. About 1,000 m², 30 m frontage, zone R3.

Residual land valueA$8.5m

Likely ask (3 houses)A$6.0mFrom the land values x 1.15

HeadroomA$2.5m

Gain over buying separatelyA$2.5m

Claim this holding

A$182 inc GST · 3 months

A claim takes this holding off the market for every other member for 3 months and opens its address, lot outline, exact figures and neighbours to you.

Sites whose best option clears a 40% margin on cost at the likely ask are A$387. One claim credit claims any site.

Every option the rules allow

Option	Homes	Storeys	GFA	Realisation	Costs	Residual land value	Headroom	Profit at likely ask
TownhousesLow and Mid-Rise · FSR 1.8:1 · 19.5 m	10	2	1,750 m²	A$25.0m	A$9.0m	A$8.5m	A$2.5m	A$6.0m37% on cost · 24% on revenue
Cost stack Construction 1,750 m² at A$4,100/m²A$7.5m DemolitionA$140k Consultants, DA and certification (9%)A$700k Contributions (A$28,000 per new home)A$250k Contingency (5%)A$425k Then selling costs 3%, GST on the margin, finance 7.5%, stamp duty 5.5% and a 20% developer margin solve for the land. Buying at the likely ask of A$6.0m instead leaves A$6.0m pre-tax on a total development cost of A$16.0m.
Apartments, up to 7 storeys + affordable housing bonusLow and Mid-Rise + Chapter 2 bonus (15% affordable) · FSR 2.34:1 · 25.4 m	25	7	2,500 m²	A$35.0m	A$17.0m	A$6.5m	A$500k	A$6.0m25% on cost · 18% on revenue
Cost stack Construction 2,500 m² at A$5,500/m²A$13.0m Basement parkingA$800k DemolitionA$140k Consultants, DA and certification (9%)A$1.3m Contributions (A$28,000 per new home)A$600k Contingency (5%)A$750k Then selling costs 3%, GST on the margin, finance 7.5%, stamp duty 5.5% and a 20% developer margin solve for the land. Buying at the likely ask of A$6.0m instead leaves A$6.0m pre-tax on a total development cost of A$25.0m. Includes 15% affordable housing at 65% of market.
Apartments, up to 5 storeysLow and Mid-Rise (400 to 800 m) · FSR 1.8:1 · 19.5 m	20	5	1,750 m²	A$27.5m	A$13.0m	A$6.0m	-A$210k	A$4.0m19% on cost · 14% on revenue
Cost stack Construction 1,750 m² at A$5,500/m²A$10.0m Basement parkingA$650k DemolitionA$140k Consultants, DA and certification (9%)A$1.0m Contributions (A$28,000 per new home)A$450k Contingency (5%)A$600k Then selling costs 3%, GST on the margin, finance 7.5%, stamp duty 5.5% and a 20% developer margin solve for the land. Buying at the likely ask of A$6.0m instead leaves A$4.0m pre-tax on a total development cost of A$21.0m.
TerracesLow and Mid-Rise · FSR 1.8:1 · 19.5 m	4	2	600 m²	A$9.5m	A$3.5m	A$3.0m	-A$3.0m	-A$1.7m-16% on cost · -18% on revenue
Cost stack Construction 600 m² at A$4,300/m²A$2.8m Basement parkingA$140k DemolitionA$140k Consultants, DA and certification (9%)A$250k Contributions (A$28,000 per new home)A$28k Contingency (5%)A$160k Then selling costs 3%, GST on the margin, finance 7.5%, stamp duty 5.5% and a 20% developer margin solve for the land. Buying at the likely ask of A$6.0m instead leaves -A$1.7m pre-tax on a total development cost of A$11.0m.

Site facts

Houses: House, 350 m² House, 350 m² House, 350 m²
Site area: About 1,000 m²
Street frontage: About 30 m (measured against the road corridor)
Zone: R3
Nearest nominated centre: About 450 m (straight line) · 400 to 800 m from a nominated centre
Land value: About A$5,000,000 at 1 July 2025, NSW Valuer General (the houses together)