Standalone site

Address locked, Artarmon

1 house today → about 15 homes as apartments, up to 6 storeys. About 600 m², 13 m frontage, zone R3.

Residual land valueA$2.8m

Likely ask (1 house)A$2.4mFrom the 1 July 2025 land value x 1.15

HeadroomA$350k

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 6 storeysLow and Mid-Rise (within 400 m) · FSR 2.2:1 · 22 m	15	6	1,250 m²	A$18.0m	A$9.5m	A$2.8m	A$350k	A$3.0m24% on cost · 17% on revenue
Cost stack Construction 1,250 m² at A$5,500/m²A$7.5m Basement parkingA$450k DemolitionA$45k Consultants, DA and certification (9%)A$700k Contributions (A$28,000 per new home)A$325k 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$2.4m instead leaves A$3.0m pre-tax on a total development cost of A$13.0m.
Apartments, up to 8 storeys + affordable housing bonusLow and Mid-Rise + Chapter 2 bonus (15% affordable) · FSR 2.86:1 · 28.6 m	20	8	1,750 m²	A$22.0m	A$12.0m	A$2.8m	A$350k	A$4.0m25% on cost · 18% on revenue
Cost stack Construction 1,750 m² at A$5,500/m²A$9.5m Basement parkingA$600k DemolitionA$45k Consultants, DA and certification (9%)A$950k Contributions (A$28,000 per new home)A$475k Contingency (5%)A$550k 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$2.4m instead leaves A$4.0m pre-tax on a total development cost of A$16.0m. Includes 15% affordable housing at 65% of market.
Dual occupancyLow and Mid-Rise · FSR 0.89999998:1 · 12 m	2	2	500 m²	A$6.0m	A$2.3m	A$2.0m	-A$400k	A$300k6% on cost · 5% 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$2.4m instead leaves A$300k pre-tax on a total development cost of A$5.0m.
TownhousesLow and Mid-Rise · FSR 0.89999998:1 · 12 m	3	2	500 m²	A$6.0m	A$2.4m	A$1.5m	-A$900k	A$190k4% on cost · 3% on revenue
Cost stack Construction 500 m² at A$4,100/m²A$2.0m DemolitionA$45k Consultants, DA and certification (9%)A$180k Contributions (A$28,000 per new home)A$55k Contingency (5%)A$110k 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$2.4m instead leaves A$190k pre-tax on a total development cost of A$5.5m.

Site facts

Site area: About 600 m² (13 m by 50 m)
Street frontage: About 13 m (measured against the road corridor)
Zone: R3 Medium Density Residential · Willoughby Local Environmental Plan 2012
LEP controls: FSR 0.89999998:1 · height 12 m · minimum lot not mapped
Nearest nominated centre: About 350 m to Artarmon station (straight line) · Within 400 m of a nominated centre
Land value: About A$2,100,000 at 1 July 2025, NSW Valuer General · from A$1,800,000 at 1 July 2021 (+15%)
Notes: DA on record.
Latest DA: A development application is on record for this site. The member who claims it sees the application.

Neighbours

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