Address locked, Strathfield

2 houses today → about 25 homes as townhouses. About 2,500 m², 45 m frontage, zone R3.

Residual land valueA$18.0m

Likely ask (2 houses)A$12.0mFrom the land values x 1.15

HeadroomA$6.0m

Gain over buying separatelyA$1.4m

Claim this holding

A$387 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.

This holding is A$387 because its best option clears a 40% margin on cost at the likely ask. Other sites are A$182. 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 1.45:1 · 14 m	25	2	4,000 m²	A$55.0m	A$19.0m	A$18.0m	A$6.0m	A$15.0m45% on cost · 28% on revenue
Cost stack Construction 4,000 m² at A$4,100/m²A$16.0m DemolitionA$90k Consultants, DA and certification (9%)A$1.4m Contributions (A$28,000 per new home)A$650k Contingency (5%)A$900k 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$12.0m instead leaves A$15.0m pre-tax on a total development cost of A$35.0m.
Apartments, up to 4 storeysLow and Mid-Rise (400 to 800 m) · FSR 1.5:1 · 17.5 m	40	4	4,000 m²	A$47.5m	A$25.0m	A$6.5m	-A$5.5m	A$2.4m6% on cost · 5% on revenue
Cost stack Construction 4,000 m² at A$4,900/m²A$20.0m Basement parkingA$1.4m DemolitionA$90k Consultants, DA and certification (9%)A$1.9m Contributions (A$28,000 per new home)A$1.1m Contingency (5%)A$1.2m 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$12.0m instead leaves A$2.4m pre-tax on a total development cost of A$40.0m.
TerracesLow and Mid-Rise · FSR 1.45:1 · 14 m	7	2	1,100 m²	A$16.0m	A$6.0m	A$5.0m	-A$7.0m	-A$5.0m-24% on cost · -31% on revenue
Cost stack Construction 1,100 m² at A$4,300/m²A$4.8m Basement parkingA$240k DemolitionA$90k Consultants, DA and certification (9%)A$450k Contributions (A$28,000 per new home)A$140k Contingency (5%)A$275k 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$12.0m instead leaves -A$5.0m pre-tax on a total development cost of A$20.0m.
Apartments, up to 6 storeys + affordable housing bonusLow and Mid-Rise + Chapter 2 bonus (15% affordable) · FSR 1.95:1 · 22.8 m	55	6	5,000 m²	A$55.0m	A$37.5m	A$2.3m	-A$9.7m	-A$4.5m-8% on cost · -8% on revenue
Cost stack Construction 5,000 m² at A$5,500/m²A$30.0m Basement parkingA$1.8m DemolitionA$90k Consultants, DA and certification (9%)A$2.8m Contributions (A$28,000 per new home)A$1.5m Contingency (5%)A$1.7m 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$12.0m instead leaves -A$4.5m pre-tax on a total development cost of A$55.0m. Includes 15% affordable housing at 65% of market.

Site facts

Houses: House, 1,750 m² House, 900 m²
Site area: About 2,500 m²
Street frontage: About 45 m (measured against the road corridor)
Zone: R3
Nearest nominated centre: About 550 m (straight line) · 400 to 800 m from a nominated centre
Land value: About A$10,000,000 at 1 July 2025, NSW Valuer General (the houses together)