Standalone site

Address locked, Marrickville

1 house today → about 20 homes as apartments, up to 8 storeys (tod) + bonus. About 600 m², 30 m frontage, zone R1.

Residual land valueA$2.5m

Likely ask (1 house)A$2.1mFrom the 1 July 2025 land value x 1.15

HeadroomA$400k

Claim this site

A$182 inc GST · 3 months

A claim takes this site 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.

Option	Homes	Storeys	GFA	Realisation	Costs	Residual land value	Headroom	Profit at likely ask
Apartments, up to 8 storeys (TOD) + affordable housing bonusTransport Oriented Development + Chapter 2 bonus · FSR 3.25:1 · 28.6 m	20	8	2,000 m²	A$25.0m	A$15.0m	A$2.5m	A$400k	A$3.8m20% on cost · 15% on revenue
Cost stack Construction 2,000 m² at A$5,500/m²A$11.0m Basement parkingA$700k DemolitionA$45k Consultants, DA and certification (9%)A$1.1m Contributions (A$28,000 per new home)A$550k Contingency (5%)A$650k 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$2.1m instead leaves A$3.8m pre-tax on a total development cost of A$19.0m. Includes 15% affordable housing at 65% of market.
Apartments, up to 6 storeys (TOD)Transport Oriented Development · FSR 2.5:1 · 22 m	15	6	1,500 m²	A$20.0m	A$11.0m	A$2.5m	A$400k	A$3.5m25% on cost · 18% on revenue
Cost stack Construction 1,500 m² at A$5,500/m²A$9.0m Basement parkingA$550k DemolitionA$45k Consultants, DA and certification (9%)A$850k Contributions (A$28,000 per new home)A$425k Contingency (5%)A$500k 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$2.1m instead leaves A$3.5m pre-tax on a total development cost of A$14.0m.

Site area: About 600 m² (15 m by 50 m)
Street frontage: About 30 m (measured against the road corridor)
Zone: R1 General Residential · Inner West Local Environmental Plan 2022
LEP controls: FSR 1.1:1 · height 17 m · minimum lot not mapped
Nearest nominated centre: About 450 m to Marrickville station (straight line) · Transport Oriented Development area
Land value: About A$1,800,000 at 1 July 2025, NSW Valuer General · from A$1,800,000 at 1 July 2021 (+0%)
Notes: Transport Oriented Development area (Marrickville).

1 adjoining houses share a boundary with this site. Members see them.

#4 · amalgamation 2 houses → 35 homes

Residual land valueA$4.5m

Likely askA$3.8m

HeadroomA$750k

1,100 m² · Apartments, up to 8 storeys (TOD) + bonus · R1 · address locked

Transport Oriented Development area