Standalone site

Address locked, Artarmon

1 house today → 9 homes as apartments, up to 4 storeys. About 600 m², 15 m frontage, zone R3.

Residual land valueA$2.8m

Likely ask (1 house)A$2.5mFrom the 1 July 2025 land value x 1.15

HeadroomA$250k

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.

Every option the rules allow

Option	Homes	Storeys	GFA	Realisation	Costs	Residual land value	Headroom	Profit at likely ask
Apartments, up to 4 storeysLow and Mid-Rise (400 to 800 m) · FSR 1.5:1 · 17.5 m	9	4	1,000 m²	A$13.0m	A$6.0m	A$2.8m	A$250k	A$2.4m26% on cost · 18% on revenue
Cost stack Construction 1,000 m² at A$4,900/m²A$4.8m Basement parkingA$300k DemolitionA$45k Consultants, DA and certification (9%)A$450k Contributions (A$28,000 per new home)A$220k 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$2.5m instead leaves A$2.4m pre-tax on a total development cost of A$9.5m.
Apartments, up to 6 storeys + affordable housing bonusLow and Mid-Rise + Chapter 2 bonus (15% affordable) · FSR 1.95:1 · 22.8 m	10	6	1,250 m²	A$16.0m	A$8.5m	A$1.9m	-A$600k	A$2.3m19% on cost · 14% on revenue
Cost stack Construction 1,250 m² at A$5,500/m²A$7.0m Basement parkingA$400k DemolitionA$45k Consultants, DA and certification (9%)A$650k Contributions (A$28,000 per new home)A$300k Contingency (5%)A$400k 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$2.5m instead leaves A$2.3m pre-tax on a total development cost of A$12.0m. Includes 15% affordable housing at 65% of market.
Dual occupancyLow and Mid-Rise · FSR 0.69999999:1 · 9.5 m	2	2	450 m²	A$5.5m	A$2.0m	A$1.7m	-A$800k	A$75k2% on cost · 1% on revenue
Cost stack Construction 450 m² at A$3,700/m²A$1.7m DemolitionA$45k Consultants, DA and certification (9%)A$150k Contributions (A$28,000 per new home)A$28k Contingency (5%)A$90k 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$2.5m instead leaves A$75k pre-tax on a total development cost of A$5.0m.

Site facts

Site area: About 600 m² (15 m by 45 m)
Street frontage: About 15 m (measured against the road corridor)
Zone: R3 Medium Density Residential · Willoughby Local Environmental Plan 2012
LEP controls: FSR 0.69999999:1 · height 9 m · minimum lot not mapped
Nearest nominated centre: About 650 m to Artarmon station (straight line) · 400 to 800 m from a nominated centre
Land value: About A$2,200,000 at 1 July 2025, NSW Valuer General · from A$1,800,000 at 1 July 2021 (+20%)

Neighbours

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