Not viable as a standalone site

Address locked, Strathfield

1 house today → 2 homes as dual occupancy. About 500 m², 15 m frontage, zone R4.

Residual land valueA$2.4m

Likely ask (1 house)A$3.0mFrom the 1 July 2025 land value x 1.15

Headroom-A$600k

Pro members see the exact figures and the neighbours for this site. Go Pro for every site, or claim a single site from its page.

See Pro and pricing Sign in

Every option the rules allow

Option	Homes	Storeys	GFA	Realisation	Costs	Residual land value	Headroom	Profit at likely ask
Dual occupancyLow and Mid-Rise · FSR 2.79999995:1 · 21 m	2	2	500 m²	A$7.0m	A$2.3m	A$2.4m	-A$600k	A$550k9% on cost · 8% on revenue
Cost stack Construction 500 m² at A$3,700/m²A$1.9m DemolitionA$45k Consultants, DA and certification (9%)A$170k Contributions (A$28,000 per new home)A$28k Contingency (5%)A$100k 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$3.0m instead leaves A$550k pre-tax on a total development cost of A$6.0m.
Apartments, up to 6 storeysLow and Mid-Rise (400 to 800 m) · FSR 2.79999995:1 · 21 m	15	6	1,500 m²	A$18.0m	A$11.0m	A$1.3m	-A$1.7m	A$850k6% on cost · 5% on revenue
Cost stack Construction 1,500 m² at A$5,500/m²A$8.5m Basement parkingA$500k DemolitionA$45k Consultants, DA and certification (9%)A$800k Contributions (A$28,000 per new home)A$400k Contingency (5%)A$475k 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$3.0m instead leaves A$850k pre-tax on a total development cost of A$15.0m.
Apartments, up to 8 storeys + affordable housing bonusLow and Mid-Rise + Chapter 2 bonus (15% affordable) · FSR 3.64:1 · 27.3 m	20	8	2,000 m²	A$22.0m	A$14.0m	A$900k	-A$2.1m	A$1.2m6% on cost · 5% 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$1.0m 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$3.0m instead leaves A$1.2m pre-tax on a total development cost of A$18.0m. Includes 15% affordable housing at 65% of market.

Site facts

Site area: About 500 m² (15 m by 35 m)
Street frontage: About 15 m (measured against the road corridor)
Zone: R4 High Density Residential · Canada Bay Local Environmental Plan 2013
LEP controls: FSR 2.79999995:1 · height 21 m · minimum lot 450 m²
Nearest nominated centre: About 750 m to Burwood station and town centre (straight line) · 400 to 800 m from a nominated centre
Land value: About A$2,750,000 at 1 July 2025, NSW Valuer General · from A$1,800,000 at 1 July 2021 (+55%)

Neighbours

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

Amalgamation options

#3 · amalgamation 3 houses → 30 homes

Address locked, Strathfield

Residual land valueA$19.0m

Likely askA$8.0m

HeadroomA$11.0m

1,500 m² · Townhouses · R4 · address locked